Ukraine's GDP to reach 3.7% this year – World Bank

The World Bank (WB) predicts that the gross domestic product of Ukraine (GDP) will reach 3.7% in 2020, according to a WB report.

According to the Bank’s forecasts, Ukraine’s GDP will grow up to 3.7% in 2020, and 4.2% in 2021 and 2022.

As Ukrinform reported, the real GDP of Ukraine in the third quarter of 2019 increased by 4.1% compared to the same period last year. The European Bank for Reconstruction and Development predicts Ukraine's GDP growth by 3.3% in 2019 and 3.5% in 2020. In accordance with the macroeconomic forecast of the Finance Ministry of Ukraine, the country's GDP in 2020 will grow by 3.7%.

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