Ukrainian PM Svyrydenko unveils Ukraine's new 15-year economic strategy

The Ukrainian government wants to increase average annual GDP growth to 6%, raise labour productivity growth from 1.3% to 5%, and boost the share of investment in GDP from the pre-war level of 16% to 24-30% annually.

Source: Ukrainian PM Yuliia Svyrydenko on Telegram

Details: The strategy, titled Economy of the Future, is designed for a 15-year period. It is being developed jointly with international partners, including the World Bank.

According to World Bank data, the last time Ukraine recorded annual economic growth above 6% was during the presidency of Viktor Yushchenko, in 2007. Even after the major crises of 2008-2009, 2014-2015 and 2022, GDP recovery did not exceed 4-5% annually.

"The strategy is based on EU rules – above all, building a competitive and investment-attractive economy with strong institutions and dynamic private sector development.

This concerns the development of defence technologies, energy, agriculture, transport, mechanical engineering, IT and critical minerals," the prime minister wrote.

Another goal of the strategy is to encourage the return of 3.1 million Ukrainians from abroad.

The five main components of the Economy of the Future strategy are private initiative, attracting investment, developing strong institutions, bringing Ukraine closer to EU rules and preserving economic freedom.

The next stage involves selecting flagship investment projects that will be presented at the Ukraine Recovery Conference 2026 in Gdańsk on 25-26 June.

Background:

• Ukraine's GDP contracted by 0.5% year-on-year in the first quarter of 2026 after growing by 2.8% in the fourth quarter of 2025.
• In April, the pace of GDP decline slowed to 0.2% year-on-year.

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