The World Bank lowered its GDP growth forecast for Ukraine: what awaits the economy.

The World Bank's assessment: Ukraine's economic development

According to inkorr.com: The World Bank has presented a new forecast regarding the development of the Ukrainian economy for the autumn, noting that expectations for next year have been significantly reduced. The forecast for Ukraine's GDP for 2025 remains at 2%, while for 2026 it is adjusted to 2.2%, which is 3.2 percentage points lower than previously expected.

According to the World Bank, in 2027 there may be an improvement in growth to 5%, which exceeds the forecasts stated in June by 0.5%.

'Economic growth in Ukraine is likely to slow to 2% in 2025, compared to 2.9% in 2024. This is due to the fact that the Russian invasion is negatively impacting investments and business. Gas imports have reached their highest level in nearly two years, while infrastructure damage has limited domestic production,' the World Bank's report states.

The main factors hindering economic development are insufficient volumes of agricultural exports, adverse weather conditions, and the reintroduction of European Union restrictions on Ukrainian agricultural exports. In the first half of 2025, the value of Ukrainian exports fell by almost 5%, particularly to European Union countries, which account for about 60% of Ukrainian exports.

Published data indicates that the Ukrainian economy is facing numerous challenges, including political and weather-related issues, which may affect the country's further development. However, some positive trends, such as improvement in 2027, suggest the possibility of a gradual economic recovery.