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Svyrydenko: Ukraine's Economy Returns to Growth in April


Tue 19 May 2026 | 01:41 PM
Ukraine
Ukraine
Nada Mustafa

Ukraine's economy returned to growth in April after a decline ​in the first quarter of the year, with gross ‌domestic product up by 0.9%, driven by retail, the food sector and weapons production, Prime Minister Yulia Svyrydenko said on Tuesday, according to Reuters.

She ​said that GDP growth in April had helped mitigate ​the contraction in the previous months of the ⁠year.

"The Ukrainian economy continues to recover despite the war, ​the consequences of the harsh winter and constant Russian attacks ​on energy infrastructure," Svyrydenko said on the Telegram app.

"Following a difficult February, the recovery began as early as March. Some sectors are ​showing growth of over 10%. Ukraine remains economically resilient, ​adaptable, and has strong growth potential."

Ukraine's economy contracted by 0.5% in the ‌first ⁠quarter of the year, official data showed. Thanks to the recovery in April, the overall contraction for the first four months of the year was trimmed to 0.2%, Svyrydenko ​said.

Ukraine's economy ​has faced more ⁠than four years of war with Russia, with millions of people fleeing the fighting, ​cities and infrastructure bombed and logistics and ​exports disrupted.

Despite ⁠modest growth during several of the years of war, GDP is still about 20% smaller than it was before Russia's ⁠invasion ​in February 2022.

Ukraine's central bank expects ​GDP growth to slow to about 1.3% this year after a 1.8% ​increase in 2025.