Ukraine's gross domestic product fell 29.1% in 2022

Ukraine's gross domestic product fell 29.1% in 2022

Business

The service did not give a reason for the drop.

KYIV (Reuters) - Ukraine’s gross domestic product (GDP) fell by 29.1% in 2022, the state statistics service said late on Wednesday.

The service did not give a reason for the drop, while the government has said the main reason for the drop was the Russian invasion, which led to the loss of significant part of Ukraine’s territory and damage to industry.