24.9 C
Agartala
Wednesday, July 9, 2025

Ukraine’s GDP plunges record 30.4 pc in 2022

Date:

Ukraine’s GDP declined by a record 30.4 percent last year due to the Russia-Ukraine conflict, the country’s Economy Ministry said, citing preliminary estimates.

“In 2022, the Ukrainian economy suffered its largest losses and damage in the entire history of independence,” said the ministry’s press service, quoting Yulia Svyrydenko, the first deputy prime minister and economy minister on Thursday.

In December 2022, Ukraine’s GDP declined 34 per cent due to a certain stabilization of the situation with energy supply, after a fall of 37 per cent in November, the ministry said.

In the fourth quarter of last year, Ukraine’s economy experienced a decline of 35.5 per cent compared with the same period in 2021, it said.

The Ukrainian economy saw a 3.4-per cent growth in 2021. The country’s GDP is expected to rise 3.2 per cent this year, according to the government’s projection.

Share post:

Subscribe

Adspot_imgspot_img

Popular

More like this
Related

Govt offices to function normally tomorrow

By TC News Desk Agartala, 8th July 2025:  The state...

Statewide Mock Drill Tomorrow to Tackle Floods and Landslides

By TC News Desk Agartala, 8th July 2025:  A state-wide...

BJP submits report on Kolkata Law College incident; Accuses Bengal govt of Law and Order failure

BY TC News Desk Agartala, 8th July 2025:   In the...

CPI(M) to CM: Let Police Act Freely, Don’t Tarnish President’s Colour

BY TC News Desk Agartala, 8th July 2025:  The CPI(M)...