Ukraine's GDP may shrink by 45.7% this year.
S&P Global Market Intelligence experts say it will take at least 10 years for the economy to recover to 2021 after so many sanctions are imposed. This was reported by RBC.
According to analysts, this year's GDP of the aggressor country is 11.1%. They predict that by 2023 it will slow to 1.9%, and in a year – to 1.6%. But by 2026, the aggressor's GDP will increase again by 1.9%.
“Inflation in the country in 2022 will be 17.8%, in 2023 – 10%, in 2024 – 7.5%, by 2026 it will fall to 4.6%,” analysts said.
As for Ukraine, it is expected that we will need half the time to recover the economy – 5 years. But experts predict that in 2022 our country's GDP may decline by 45 .7%.
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