GDP growth of Ukraine slowed to 2.9% last year, at the end of the year the economy “went into negative”,

GDP growth of Ukraine slowed to 2.9% last year, at the end of the year the economy “went into negative”, - Derzhstat

The gross domestic product is not expected to reach its pre-war level until 2034 at the earliest.

The volume of construction work completed in Ukraine increased by 23% last year, indicating that a restoration to pre-war levels could take four to five years.

According to the State Statistics Service, the volume of construction work completed in Ukraine in 2024 increased by 23.5% compared to 2023, reaching ₴204.7B ($4.8B). Last year’s figure also surpassed 2020’s result of ₴202B, yet remains below the pre-war figure of ₴258B recorded in 2021. The residential construction sector saw a 16.3% increase last year, totaling ₴26.6B; non-residential construction grew by 35.5%, to ₴57.7B; and engineering cons…