According to the latest IMF calculations, economic growth in Ukraine in 2021 is projected at 4% - in October last year, this figure did not exceed 3%. In addition, in 2022, Ukraine's GDP is expected to grow to 3.4% compared to 2.7% in the previous review.
At the same time, the IMF improved Ukrainian GDP figures in the 2020 "pandemic" year. The current report states that the decline was "minus" 4.2%, while last October it was projected at "minus" 7.2%.
In addition, the IMF released a forecast for Ukraine in other areas. In particular, the consumer price index is expected to rise to 7.9% this year and 6.8% next year. The current account balance will be "minus" 2.5% in 2021 and "minus" 3.6% in 2022. The unemployment rate in Ukraine this year will decrease to 9% compared to 11% in previous forecasts, and will fall to 8.4% next year, which is 0.2% less than projected in October.
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