Ukraine's economy grew by 2.1% in the third quarter of 2025

According to the State Statistics Service’s preliminary estimate, real GDP in July–September 2025 rose 2.1% year‑on‑year; quarter‑on‑quarter growth was 0.8%. The National Bank of Ukraine forecasts annual growth of 1.9%.

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According to the operational estimate of the State Statistics Service, real GDP in July–September 2025 increased by 2.1% compared with the corresponding period of 2024.

Growth rate

This figure proved to be the highest in the past twelve months. Compared with the previous quarter, the nominal indicator rose by 0.8%.

  • Q4 2024: -0.1%
  • Q1 2025: +0.9%
  • Q2 2025: +0.8%

Preliminary figures and forecast

In October, the National Bank estimated that GDP growth for 2025 could be around 1.9%.

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