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Country Economic Forecasts > Ukraine

  • April 2017
  • -
  • Oxford Economics
  • -
  • 8 pages

Summary

Table of Contents

GDP growth in 2016 has been revised up to 2.3%. But the pace is set to slow this year due to base effects, still-disappointing exports and the severance of trade ties with rebel-controlled areas. As a result, we have lowered our 2017 growth forecast to 1.6% (from 1.8%) and the risks are on the downside. In addition, sustainable medium-term recovery may be held back by lack of structural and anti-corruption reforms, as well as ongoing political tensions, which will continue to weigh on exports and foreign and domestic investment.

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