Ukraine's losses as a result of the war, even 35%
11:24
Fighting is already taking place in regions responsible for over 55 percent of Ukraine's GDP. Even conservative in its forecasts, the International Monetary Fund indicates that 35 percent of Ukrainian GDP is at risk, wrote PIE economists.
Experts cite UN estimates according to which each day of the conflict brings Ukraine property losses of $4.8 billion.
"The scale of the damage already exceeds Ukraine's ability to rebuild itself many times. The current scale of damage is four times greater than Ukraine's investment outlays in 2019 – investments amounted to approximately $23 billion," PIE reported, citing World Bank data.
PIE experts also analyzed the potential effects of the war in Ukraine on the Polish economy. One of them is the expected increase in inflation. According to economists from the Polish Economic Institute, inflation in Poland in 2022 will amount to 10.8 percent. This is the effect of higher food and energy prices and the weakening of the zloty.
