Ukraine’s gross domestic product grew by around 9.1% year-on-year in September 2023, the economy ministry said on its website on Wednesday, citing preliminary data. The ministry also said GDP over the first nine months of 2023 rose by 5.3% compared with last year when Russia launched its full-scale invasion. It described the figures as positive.
“In addition to the low statistical basis of comparison, this is also explained by the high capability of business to adapt to new challenges, as well as assistance from the state and international partners,” it said. Ukraine’s economy is slowly gathering pace after being devastated by Russia’s full-scale invasion last year, but continuing fighting, disrupted logistics and attacks on the energy system still present large barriers to growth.
Source: Devsdiscourse
