Ukraine Shows Signs of Economic Stabilization Amid War, Says Hetmancev
According to recent analyses by Ukrainian economists and official sources, the country’s economy is gradually entering a phase of recovery despite ongoing challenges and the destructive impact of the war.
Member of Parliament Danylo Hetmancev highlighted that key indicators are already pointing to a positive dynamic: inflation rates are decreasing, the currency market remains stable, and gross domestic product (GDP) growth shows a steady upward trend.
He explained that, according to the National Bank of Ukraine’s forecasts, inflation will decrease to 9.2% by the end of this year, then further to 6.6% in 2026, and an estimated 5% in 2027.
This improvement is driven by falling vegetable prices, a good grain harvest, and currency stability.
Additionally, increased interest among the population in hryvnia savings tools contributes to overall stability.
Nonetheless, factors such as rising electricity deficits and possible supply disruptions could negatively influence inflation.
Regarding economic growth, the NBU predicts a GDP increase of 1.9% in 2025, around 2% in 2026, and up to 2.8% in 2027.
While the July inflation report anticipated a growth of 2.1% for 2023, future projections suggest a steady range of 2-3%.
Unemployment rates are expected to gradually decline: down to 11% in 2025, 10% in 2026, and 9% in 2027.
Wages in Ukraine are also projected to grow gradually, outpacing inflation, which is a key priority for the economic policy.
The first 100 days of the government have been marked by efforts to stabilize the financial system and find a balance between immediate needs and long-term development, as noted by economist Bohdan Danylyshyn in his article “100 Days of the Sviridenko Government: Between Stabilization and Stagnation.”