The NBU has revised its forecast, indicating that Ukraine's economy will experience slower growth.

The National Bank of Ukraine (NBU) has revised its forecast for real GDP growth in 2025 down from 4.3% to 3.6%, and for 2026 down from 4.6% to 4%.

According to the NBU's press release, this adjustment is attributed to security risks and the challenging situation in the labor market.

The forecast for 2024 has been lowered to 3.4%, which is below the previous estimate.

Despite the slowdown in growth rates, the NBU anticipates a gradual economic recovery starting in 2026, with a potential acceleration of growth to 4% in 2026–2027, driven by investments, a supportive fiscal policy, and an increase in private consumption.