Ukrainian GDP fell by about 30.4% in 2022, which is better than previous forecasts — the press service of the Ministry of Economy of Ukraine

"During 2022, Ukraine's economy suffered the largest losses, losses and damages in the history of independence, which were caused by the Russian Federation, which on February 24 scaled its terror, begun in 2014, along the entire length of the common border and from the territory of Belarus and the occupied Crimea," said First Vice Prime Minister, Minister of Economy of Ukraine Yulia Svyrydenko.

According to preliminary estimates by analysts of the Ministry of Economy, the GDP decline in 2022 is estimated at 30.4% [±2%], which is objectively the worst result since independence. Nevertheless, the value is better than most experts expected at the beginning of the full-scale invasion, when estimates ranged from 40-50% GDP decline and deeper.

Photo: Ministry of Economy of Ukraine