• 18/01/2025 21:26

The Ministry of Economy predicted how Ukrainians' salaries will grow in 2025

ByJohn Newman

Jan 18, 2025

The size of salaries in our country continues to increase against the backdrop of a shortage of qualified personnel, and reached $532 in the third quarter of last year.

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The Ministry of Economy predicted how Ukrainians' salaries will grow in 2025

Photo – rbc.ua

As reported by NBN with reference to the Facebook profile of the Center for Economic Strategy, the Deputy Head of the Ministry of Economy of Ukraine Andriy Telyupa made a statement – during 2024, the average salary of full-time employees in the country increased by 20.3 percent, and now amounts to 20,985 hryvnia.

Based on Telyupa's words, the increase in real wages (taking into account the rate of inflation) amounted to 13 percent. Moreover, this dynamic outpaced the government's forecast, which believed that salaries would increase by only 12 percent, to 20,581 hryvnia.

In addition, the Economic Department expects that during 2025, the average salary in Ukraine will be able to grow to UAH 24,389, and in real terms by 8.1 percent (if we “minus” inflation by 12 percent).

Also, Telyupa assured that the Cabinet of Ministers believes that the rate of inflation in 2025 will slow down from 12 percent to 9.5 percent (if we take the period from December 2024 to December 2025), and GDP will remain unchanged, – 2.7 percent.

The Ministry of Economy predicted how Ukrainians' salaries will grow in 2025

Photo – screenshot from FB video.

Earlier, our information portal wrote that IMF analysts updated their forecast for the inflation rate in Ukraine for 2025.

nbnews.com.ua

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