Month: August 2022

Ukrainian economy could return to pre-war levels not earlier than in 2026

According to our core scenario* nominal GDP of Ukraine is estimated as $145 bn (muсh lower from $200 bn in 2021) and the real GDP could decrease by 34% in 2022. Looking forward, the Ukrainian economy will be developing between $130-160 bn in 2023-2024 and recieving great amounts of financial support from external funds for budget finacing and infrastructure reconstruction.

By February 24, 2022, about 37 million people lived in Ukraine, including 2.5 million citizens in the occupied territories of Donetsk and Luhansk regions and in Crimea. 

By February 24, 2022, about 37 million people lived in Ukraine, including 2.5 million citizens in the occupied territories of Donetsk and Luhansk regions and in Crimea.

According to UN data, 8.8 million Ukrainians have left Ukraine since the beginning of the war. 3.3 million have already returned. Therefore, there are still 5.6 million in other countries. Half of them are economically inactive: children under 18, men and women over 65. About 2.8 million Ukrainians can work abroad, but to date, only 25-30% of officially registered refugees have found employment.