Ukraine’s nominal GDP may reach UAH 10.5T in 2027 – IMF

Ukraine’s nominal gross domestic product (GDP) may reach UAH 10.5 trillion in 2027.

The relevant forecast estimates were published by the International Monetary Fund (IMF), an Ukrinform correspondent reports.

The dynamics of nominal GDP in absolute values will be as follows: UAH 6 trillion in 2023, UAH 7.3 trillion in 2024, UAH 8.6 trillion in 2025, UAH 9.7 trillion in 2026, and UAH 10.5 trillion in 2027.

Accordingly, the annual increase in real GDP is expected to be as follows: 1% in 2023, 3.2% in 2024, 6.5% in 2025, 5% in 2026, and 4% in 2027.

A reminder that, on March 31, 2023, the IMF Executive Board approved a new Extended Fund Facility (EFF) arrangement for Ukraine, totaling $15.6 billion.