Ministry of Economy: GDP grew by 3.6% in 2 months

Ministry of Economy: GDP grew by 3.6% in 2 months

Kyiv  •  UNN

March 18 2024, 08:37 AM • 27425 views

According to the Economy Ministry, Ukraine's GDP grew by 3.6% in January-February compared to the same period last year.

According to estimates by the Ministry of Economy, gross domestic product growth in January and February was 3.6%.  This was reported by the First Vice Prime Minister, Minister of Economy of Ukraine Yulia Svyrydenko, according to UNN .

Details

In January-February, we estimate GDP growth at 3.6% y-o-y. Several factors contributed to this growth, including investment demand, favorable weather conditions for construction works, agricultural exports, the work of the Ukrainian sea corridor, the expansion of production capacity in the mining industry, and stability in the energy sector

- wrote Svyrydenko on Facebook.

According to her, thanks to positive indicators in key sectors of the economy, the agency expects steady growth for the entire first quarter.

Recall

Prime Minister Shmyhal emphasized that the government expects Ukraine's GDP to grow by 5% in 2024, despite the loss of 30% of its territory and a significant economic downturn due to the war.