Ukraine’s gross domestic product (GDP) in the January-November period expanded 5.5 percent year-on-year, according to preliminary figures unveiled by the country’s Economy Ministry on Wednesday.
In November alone, Ukraine’s GDP grew by 4 percent on a yearly basis, down from 10.5 percent in October, the ministry said in a statement.
Economy Minister Yulia Svyrydenko said that the blockade of the Ukrainian border by Polish haulers was the main negative factor affecting the country’s economic growth last month.
The impact of the blockade was partially offset by the operation of the export corridor in the Black Sea, said Svyrydenko, who is also Ukraine’s first deputy prime minister.
The services sector, including public administration and defense, as well as manufacturing, currently makes the largest positive contribution to the country’s GDP growth, wrote Svyrydenko on social media platform X, formerly Twitter, earlier this week.
Ukraine’s GDP, which shrank by a record 29.1 percent in 2022, is expected to rise by 4.9 percent this year.
