In 2024, Ukraine's economy showed signs of stagnation, with GDP growth slowing to 2.9% year-over-year, leaving the economy 23% below its pre-war levels.
Key factors impeding recovery include ongoing military conflicts, unstable energy supplies, increased production costs, and labor shortages. These challenges have resulted in a deceleration of industrial production growth and a significant decline in the construction sector compared to pre-war figures.
The government emphasizes the need for a strategic shift towards technological industries and value-added processing to drive future economic growth and resilience.
Vietnam Steel by Hoa Sen Group
