IMF forecasts 2.5% GDP growth in Ukraine in 2017

IMF forecasts 2.5% GDP growth in Ukraine in 2017

The International Monetary Fund (IMF) forecasts Ukraine’s GDP at the level of 2.5% in 2017, according to the IMF’s World Economic Outlook (WEO) released on Wednesday.

In particular, according to the table with data on CIS countries, Ukraine’s real GDP totaled minus 9.9% in 2015, while in 2016 it is estimated at 1.5%, and is projected at 2.5% in 2017.

At the same time, the level of inflation in Ukraine is expected at 11% in 2017, while the current account balance will remain negative at minus 2.1% of GDP. The unemployment rate in Ukraine in 2017 will be reduced from the current 9% to 8.7%.


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