Good but Sad


The general picture for Ukraine’s economy is both good and not so good. The economy is now in the black, and GDP grew a much better than expected 2.5% y/y in Q1 2017. Still, growth was driven by a temporary improvement in the balance of trade — a trend that shifted during April. We now expect GDP growth to slow over the year, and project 1.8% y/y growth for 2017, down from 2.3% y/y in 2016.  More about economic perspectives, please, read at our last quarterly report “Good but Sad”.

The full report could be obtained through subscription at Global Source.

Trial access is available.

July 25, 2017