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Macroeconomic forecast for 2027-2029

Key forecast indicators of economic and social development of Ukraine for 2027-2029

(June 2026)

 Indicator 2027 2028 2029
Scenario 1 Scenario 2 Scenario 1 Scenario 2 Scenario 1 Scenario 2
Nominal GDP, UAH bn

11,530.6

11,144.4

13,130.8

12,663.8

14,952.3

14,372.8

Change of GDP, y-o-y 

4.5%

1.3%

5.3%

4.1%

6.7%

5.0%

CPI change, y-o-y 

8.9%

8.0%

6.9%

8.2%

5.1%

5.9%

PPI change, y-o-y 11.3% 11.3% 9.4% 10.5% 7.9% 8.8%
Trade balance, USD bn

(70,908)

(79,656)

(74,279)

(80,105)

(73,652)

(80,350)

Export of goods and services, USD bn 60.434 57.864 67.194 63.183 77.460 72.220
Export of goods and services, y-o-y growth 8.3% 3.7% 11.2% 9.2% 15.3% 14.3%
Import of goods and services, USD bn

131.342

137.520

141.437 143.288 151.112 152.570
Import of goods and services, y-o-y growth 5.1% 10.1% 7.7% 4.2% 6.8% 6.5%

Source: The Cabinet of Ministers Resolution No 695 dated June 4, 2026