FX.co ★ Ukraine’s Economy Slips Back into Contraction as Q4 GDP Turns Negative

Ukraine’s gross domestic product (GDP) moved back into contraction in the fourth quarter of 2025, with year-over-year growth falling to -0.6%, according to data updated on 11 June 2026. This marks a sharp reversal from the previously reported 2.1% year-over-year expansion, also recorded for the fourth quarter of 2025 under the earlier release.

The figures reflect a deterioration in economic momentum when comparing the latest year-over-year reading with the previous year-over-year estimate for the same quarter. While the earlier data suggested that Ukraine’s economy was growing modestly at the end of 2025, the updated assessment now points to a mild contraction, underscoring the fragility of the recovery and potential headwinds facing output.

The comparison is based on a year-over-year framework, where both the “previous” and “actual” readings measure changes in the fourth quarter relative to the same period a year earlier. The shift from 2.1% growth to a 0.6% decline highlights a significant reassessment of Ukraine’s late-2025 economic performance.