Ukraine’s real GDP grew by 5.3% YoY in 2023 following a 28.8% slump in 2022. The growth was supported by heavy government spending and recovery of domestic private consumption.
Nominal GDP is estimated at UAH6,538bn (+25% YoY). In FX terms, GDP amounted US$179bn (+10% YoY) based on the 2023 official average exchange rate.
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