Business news from Ukraine

Business news from Ukraine

Ukraine’s GDP grew by 0.8% in second quarter of 2025

Ukraine’s real gross domestic product (GDP) grew by 0.8% in the second quarter of 2025 compared to the second quarter of 2024, while in the first quarter of this year the same indicator was 0.9%, according to the State Statistics Service.

According to its data, compared to the previous quarter, taking into account seasonal factors, real GDP increased by 0.2%.

As reported, in July, the NBU once again lowered its expectations for Ukraine’s economic growth this year to 2.1% from 3.1% in its April macroeconomic forecast, while the Ministry of Economy and the government maintain their forecast of 2.7%.

The National Bank of Ukraine estimated real GDP growth in the second quarter of 2025 at 1.1% compared to the same period last year, while previously forecasting it at 1.6%. According to its updated forecast, real GDP growth in the third quarter of this year has been revised down to 2.4% from 3.5%, and in the fourth quarter to 3.5% from 5.9%.

According to the State Statistics Service, Ukraine’s GDP growth slowed to 2.9% in 2024 from 5.5% in 2023, following a 28.8% decline in 2022, the first year of full-scale Russian aggression. In the fourth quarter of last year, GDP fell by 0.1% after growing by 2.2% in the third quarter, 4.0% in the second quarter, and 6.8% in the first quarter.

The NBU forecasts GDP growth of 2.3% for next year, while the government forecasts 2.4%.

Earlier, Experts Club analyzed the state of the economy in Ukraine and leading world countries. For more details, see the video at https://www.youtube.com/watch?v=kQsH3lUvMKo&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians mostly neutral towards Bangladesh — survey

The vast majority of Ukrainians do not have a clearly formed attitude towards Bangladesh. This is evidenced by the results of a sociological survey conducted by Active Group in cooperation with the Experts Club analytical center.

According to the data, 72.3% of respondents chose the “neutral attitude” option. 9.7% of respondents expressed a positive opinion (2.7% — completely positive, 7.0% — mostly positive). A negative attitude was declared by 7.7% of Ukrainians (1.0% — completely negative, 6.7% — mostly negative). At the same time, 10.3% responded that they did not have sufficient information about this country.

“For most Ukrainians, Bangladesh remains a relatively distant country about which there is a lack of information. This explains the high level of neutral responses,” said Alexander Pozniy, head of Active Group.

At the same time, Experts Club co-founder Maksim Urakin emphasized the importance of economic relations.

“According to the results of the first eight months of 2025, Ukraine’s trade turnover with Bangladesh amounted to $226.9 million. Exports from Ukraine reached $127.9 million, while imports amounted to $99.1 million. The positive balance of $28.8 million indicates balance and potential for expanding bilateral trade.”

Thus, despite Ukrainians’ lack of awareness about Bangladesh, economic cooperation is developing dynamically, creating the conditions for strengthening mutual interest.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians demonstrate most positive attitude toward Norway among other Scandinavian countries — research

Most Ukrainians express a positive attitude toward Norway. This is evidenced by the results of a sociological survey conducted by Active Group in cooperation with the Experts Club think tank.

According to the survey, 77.7% of Ukrainians have a positive attitude towards Norway (38.7% — completely positive, 39.0% — mostly positive). Only 1.3% of respondents expressed a negative attitude (1.0% — completely negative, 0.3% — mostly negative). A neutral position towards Norway was expressed by 20.0% of respondents, while another 1.0% admitted that they were not familiar with this country.

“The high level of sympathy for Norway is explained not only by Ukraine’s traditional support in the context of the war, but also by the country’s stable image with high social standards, a developed economy, and one of the highest standards of living in the world,” emphasized Active Group CEO Oleksandr Pozniy.

Experts Club co-founder Maksim Urakin emphasized the importance of economic cooperation between the two countries.

“Despite a significant trade imbalance, Ukraine actively cooperates with Norway. In the first six months of 2025, trade turnover amounted to $231.9 million. At the same time, Ukrainian exports amounted to only $16.5 million, while imports amounted to $215.4 million. The negative balance exceeded $198.9 million, but the presence of Norwegian energy and technology goods is of great importance to the Ukrainian economy.”

Thus, Ukrainian society highly values Norway’s role as a reliable partner, and trade dynamics confirm mutual interest in developing relations.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians mostly neutral towards Lebanon — survey

The vast majority of Ukrainians express a neutral attitude towards Lebanon. This is evidenced by the results of a sociological survey conducted by Active Group in cooperation with the Experts Club think tank.

According to the survey, 67.3% of respondents said they had a neutral attitude towards Lebanon. Only 8.7% of respondents expressed a positive attitude (2.0% — completely positive, 6.7% — mostly positive). On the other hand, 15.3% of Ukrainians demonstrated a negative attitude (2.3% — completely negative, 13.0% — mostly negative). Another 8.7% admitted that they were not familiar with this country.

“These results can be explained by the lack of significant historical or cultural ties between Ukraine and Lebanon, as well as Lebanon’s weak informational presence in Ukrainian society,” said Alexander Pozniy, head of Active Group.

In turn, Experts Club founder Maksim Urakin emphasized the economic aspect.

“In the first six months of 2025, trade turnover between Ukraine and Lebanon amounted to $249.3 million. At the same time, exports from Ukraine amounted to $246.5 million, while imports amounted to only $2.7 million. Thus, the positive balance exceeded $243.8 million, which indicates Lebanon’s unilateral interest in Ukrainian products.”

Thus, relations between Ukraine and Lebanon remain predominantly economic, and public perception of this country in Ukraine is still neutral.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians express predominantly positive attitude towards Latvia — survey

The overwhelming majority of Ukrainians have a positive attitude towards Latvia, which indicates a consistently high level of sympathy for this country. These are the results of a sociological survey conducted by Active Group in collaboration with the Experts Club analytical center.

According to the results, 72.7% of respondents rated Latvia positively (41.0% — completely positive, 31.7% — mostly positive). A neutral attitude was expressed by 21.3% of respondents, while only 5.3% declared a negative position (2.3% — completely negative, 3.0% — mostly negative). Only 0.7% of respondents said they had no information about this country.

“The survey results show an extremely high level of trust and sympathy among Ukrainians towards Latvia. This country is perceived not only as a political ally, but also as a partner that consistently supports Ukraine in the international arena,” said Alexander Pozniy, head of Active Group.

In turn, Maksim Urakin, co-founder of Experts Club, drew attention to the economic indicators of bilateral trade.

“According to the results of the first six months of 2025, trade turnover between Ukraine and Latvia reached $263.9 million. Ukrainian exports amounted to $154.2 million, while imports amounted to $109.7 million.

The positive balance amounted to more than $44.5 million, which favorably distinguishes Latvia among Ukraine’s other trading partners in the EU,” the expert emphasized.

Thus, Ukraine and Latvia not only maintain a high level of mutual sympathy, but also demonstrate balanced and mutually beneficial trade and economic cooperation.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Ukrainians show the highest level of sympathy for Sweden among European countries — research by Active Group and Experts Club

A survey conducted by Active Group in collaboration with Experts Club in August 2025 revealed an exceptionally high level of positive sentiment among Ukrainians toward Sweden.

According to the results, 76.3% of respondents expressed favor toward this country: 41.3% rated it mostly positively, and another 35% rated it completely positively. A neutral position was taken by 21.3% of respondents, while negative assessments were minimal — only 2.3%.

“Ukrainians see Sweden as an example of stable democracy, a socially oriented state, and one of the most consistent allies in supporting Ukraine. This explains why this country is among the leaders in terms of positive perception,” emphasized Alexander Pozniy, head of Active Group.

At the same time, Maxim Urakin, co-founder of Experts Club, drew attention to the economic aspect.

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“Despite the extremely high level of sympathy, trade between Ukraine and Sweden remains rather modest. At the end of the first half of 2025, bilateral trade amounted to only $418 million. Exports from Ukraine amounted to about $41 million, while imports of Swedish goods exceeded $376 million. This resulted in a significant negative balance of over $336 million. This means that Ukraine has the potential to intensify cooperation, especially in the fields of mechanical engineering and woodworking, where Sweden is one of the world leaders,” he stressed.

Thus, Sweden combines a high level of public support with new economic opportunities for Ukraine.

The full video can be viewed at:

You can subscribe to the Experts Club YouTube channel here:

https://www.youtube.com/@ExpertsClub

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