The growth of Ukraine's gross domestic product (GDP) in January 2025 is estimated at 1.5%. This is lower than in December (1.7%).
This was reported by the press service of the Ministry of Economy.
The ministry noted that the slowdown in economic growth in January occurred due to a decrease in exporter activity.
The manufacturing sector, domestic trade, and construction continued to show positive dynamics. At the same time, agriculture is experiencing a decline in livestock production due to rising production costs.
“There has also been a decline in the mining sector and transportation. The reasons include the shutdown of mines in the Donetsk region, which are located along the contact line. There were also disruptions in electricity supply due to massive missile strikes,” the statement said.
The Ministry of Economy reminded that last December, GDP growth was estimated at 1.7%. The GDP growth forecast included in the 2025 budget is 2.7% per year.
Background. Earlier, Mind reported that Ukraine's GDP increased by 4.2% since the beginning of 2024. Transportation, processing, and construction continued to demonstrate high positive dynamics.