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Why did Ukraine's economic recovery slow down last year compared to 2023?

Summary by UBN
Ukraine’s real GDP grew by 2.9% in 2024. Although the economy experienced growth for the second consecutive year amid the full-scale war, the pace of recovery decelerated compared to 2023, when GDP increased by 5.5%. The NBU cited the worsening security situation, renewed electricity shortages, and low harvests as reasons for the slowdown. By the end of last year, gross value added (GVA) in agriculture fell by 7.3%, and the energy sector’s GVA d…
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UBN broke the news in on Sunday, April 6, 2025.
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