In May 2024, Ukraine’s GDP grew by 3.7% compared to May last year. As a result, in January-May 2024, GDP growth is estimated at 4.3%, according to the Ministry of Economy of Ukraine. “The increase in the intensity of hostilities, Russian shelling of infrastructure facilities, and electricity shortages unfortunately hampered Ukraine’s economic growth in May this year,” says First Vice Prime Minister and Minister of Economy Yulia Svyrydenko. According to her, GDP growth continued due to high exports in the context of stable operation of the Ukrainian sea corridor, as well as high demand for cons…