Ukraine’s economy will shrink by almost half this year, says World Bank

Ukraine economy predictions

Russia's invasion of Ukraine is effecting the Ukraine economy is a huge way. Image: Unsplash/Max Kukurudziak

Simon Torkington
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A chart showing Ukraine annual GDP growth (percentage)
The World Bank predicts poverty rates could reach nearly 30% of the Ukraine population. Image: Trading Economics

Two charts. One showing Russian Federation / Real GDP growth and contributions to real GDP growth. Another showing Russian Federation / Actual and projected rates and real private consumption per capita.
Sanctions are hitting Russia’s economic output and increasing poverty levels. Image: World Bank

An infographic showing the percentage of gas supplied by Russia to European countries
Sanctions are limiting the supply of Russian gas to Europe and driving up energy costs. Image: Statista
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Related topics:
UkraineRussian FederationInequalityInternational Security
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