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Ukraine's GDP growth will slow down to 3.4% in 2021 and 3.6% in 2022 – Economy Ministry
KYIV. Dec 6 (Interfax-Ukraine) – Ukraine’s GDP growth in 2021 will amount to 3.4% instead of 4.1% expected in April, and economic growth in 2022 is projected at 3.6% instead of 3.7%, such a consensus forecast was posted by the Ministry of Economy on its website.
"Experts expect GDP growth: in 2021 at the level of 3.4%, in contrast to the previously forecasted 4.1%, in 2022 – by 3.6%, in contrast to 3.7%, respectively," the ministry said in the consensus forecast.
As explained in the document, the revision of the indicators is mainly due to the slowdown in investment growth.
In 2023-2024 economic growth will be 3.4% and 4%, respectively, according to the consensus assessment of experts.
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