Ukrainian economy grew by 1.1% since the beginning of the year: the main drivers named.

In February 2025, Ukraine's GDP increased by 0.7%, and for the first two months of the year - by 1.1%, the Ministry of Economy reports. This slight decrease compared to last year is a result of various growth trends. The slowdown in growth in February was caused by missile strikes on gas production facilities and a decrease in export activities. However, due to the restoration of critical infrastructure, housing construction, and procurement of defense products, compensation for negative factors is being achieved,' said Oleksiy Sobolev, the First Deputy Minister of Economy.

In February 2025, GDP growth was also observed in domestic (retail) trade. Over the past four months, improving consumer sentiment has been a stable trend.

Recovery and business support programs are among the factors contributing to the development of the manufacturing industry, particularly thanks to international financial assistance. Positive dynamics are demonstrated in the production of construction materials, machinery, and the food industry. The defense sector is also increasing its production capacities due to the expansion of defense orders. Metallurgy is also accelerating with an increase in the production of pig iron, steel, and rolled products.

However, the agricultural sector is experiencing a decrease in livestock production due to rising production costs. Also, a decline is noted in the extractive industry due to strikes on gas extraction infrastructure and in the transport sector due to a temporary decrease in exporter activity.

The Ministry of Economy reminds that in January 2025, GDP growth was estimated at 1.5%. Regarding the forecast for 2025, it is projected to be 2.7% GDP growth.