Go to main content

Ukraine

The German Economic Team has been advising the Ukrainian government in various economic areas since 1994, during which time Ukraine has undergone a significant transformation process.

News

    • 16.08.2024

    Ukraine: Macroeconomic Outlook 2024-25

    Together with the Institute for Economic Research and Policy Consulting (IER) in Kyiv, we have modelled macroeconomic developments for this year and the coming year. Our analysis suggests that although the Ukrainian economy has returned to a growth path, the war is exacting a high economic price. Moreover, forecasting in a highly volatile environment is fraught with uncertainty.

    • 24.06.2024

    Ukraine in focus

    This week has been all about Ukraine. On Tuesday and Wednesday, the highly acclaimed Ukraine Recovery Conference took place in Berlin, where we had the opportunity to attend. In addition to the panels, there were many opportunities for interesting background discussions with other participants. There were also numerous side events where key issues were discussed in more detail.

Publications

Newsletters

Show all

Economic Monitors

Show all
  • Economic Monitor Ukraine

    WA 19 | February 2023

    After a sharp decline in GDP in 2022, the economy experiences moderate growth of 5.2% in 2023 and 4% in 2024, mainly driven by rising consumption. Despite a current account deficit and growing trade deficits, foreign exchange reserves improve (2023: USD 40.5bn) and inflation falls to 5.1%. Nevertheless, massive budget deficits and rising public debt remain, making debt restructuring necessary, as well as a dependence on foreign financing. The new Black Sea corridor offers opportunities for exports, while regional disparities and labour market challenges due to migration require special attention.

Policy Publications

Show all