Ukraine economy grows 2% in 2025 as Russia GDP stalls near zero
Ukraine's economy shows growth while Russia's indicators stagnate (photo: Getty Images)
Ukraine's government projects GDP growth of 2% for 2026 and 5% for 2027, a sharp contrast with Russia, where expansion slows each month, according to Ukraine's Minister of Economy, Environment, and Agriculture, Oleksii Sobolev.
According to him, preliminary estimates by the Ministry of Economy show that from August 2024 to August 2025, growth exceeded 5%, approximately 5.3%.
The main drivers were increased activity in construction, manufacturing, and agriculture.
"You will see this kind of growth in the second half of the year. And this is very different from Russia's indicators, where growth is slowing every month and will reach almost zero percent," Sobolev noted.
In Ukraine, there are calls to create a new ecosystem for the mining industry's development.
President of Ukraine Volodymyr Zelenskyy earlier said that a year of war costs Ukraine about 120 billion dollars.
The government expects the war to continue through 2026. As a result, the debt-to-GDP ratio will rise to 106%, and nominal debt will exceed 10 trillion hryvnias (approximately 250 billion USD).
