wiiw Forecast Reports

UKRAINE: Good luck can get you only so far


Olga Pindyuk

in: Darkest before the dawn?
wiiw Forecast Report No. Spring 2021, April 2021 , pp. 136-139

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Ukraine’s GDP contracted in 2020 by only 4%, largely because of favourable conditions in key export markets and resilient household incomes. In 2021 the economy will return to growth, supported by a rebound in private consumption and a revival in investment. Negative risks to the forecast have been growing, due to the suspension of the IMF loan programme and a slow vaccine roll-out.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Ukraine