Ukraine's economy expanded by 2.8% year over year in Q4 2025, down slightly from the preliminary reading of 3% and following an upwardly revised 2.4% advance in the previous period. This marks the fastest growth since Q2 2024, amid a pickup in household spending (11.1% vs 6.4% in Q3). Government spending (7.7% vs 10.4%) and fixed investment (7.6% vs 9.1%) also contributed positively. However, net external demand acted as a drag on growth, as exports plunged 13% (vs -15.5% in Q3) while imports soared 11.6% (vs 9.5% in Q3). Considering the whole year, the GDP grew by 1.8% in 2025, slowing from 3.2% a year earlier.
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