IMF forecasts economic growth for Ukraine in 2026-2027

The International Monetary Fund (IMF) has released an updated forecast for Ukraine, confirming this year’s GDP growth at 4%. Moderate growth is expected in 2024, within the range of 2.5-3.5%, and the largest economic improvements are expected in 2026-2027.

According to the IMF, the Ukrainian economy this year is demonstrating steady growth, exceeding previous forecasts. This is due in particular to the country’s adaptation to energy challenges. However, in 2025, growth rates may slow down due to difficulties in the labor market, the consequences of attacks on energy infrastructure and general economic uncertainty.

The Fund draws attention to the high risks affecting Ukraine’s economic stability. The main challenges remain Russian aggression, its influence on the energy sector and general uncertainty in the global environment.

In addition to economic indicators, Ukraine has seen rising inflation, most notably in rising food prices. At the same time, inflation expectations remain stable, which is a positive signal for further development.

Ukraine’s economic resilience in the context of the war deserves special attention, the IMF notes. Despite significant challenges, the country has demonstrated its ability to adapt to critical conditions and gradually move towards recovery.

The projected improvement in 2026–2027 could be an important milestone for Ukraine. With stability, reform, and support from international partners, the country’s economy has a chance for more intensive growth, which will provide a basis for long-term development.