Ukraine's economy falls 30.4% in 2022 amid Russian invasion: Minister

Russia-Ukraine War: The minister said in a statement that Ukraine's economy had suffered its largest losses since independence in 1991.

Ukraine's gross domestic product fell by 30.4% in 2022 according to a preliminary estimate, a fall that was less than expected, Economy Minister Yulia Svyrydenko said on Thursday.

Russia-Ukraine War: A serviceman collects fragments of missile in a crater left by a Russian strike in Kyiv.(AFP)

She said in a statement that Ukraine's economy had suffered its largest losses since independence in 1991 due to the large-scale invasion by Russia in February last year.