The Institute for Economic Research and Policy Consulting (IER) has released the 34-th monthly enterprise survey “Ukrainian business in wartime” for February 2025.
The goal of the project is to quickly collect information on the current state of the economy at the enterprise level.
The field stage of the 34-th wave lasted from February 18 – 28, 2025. The enterprise managers compared the work results in February 2025 with January, assessed the indicators at the time of the survey (February 2025), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
This publication was compiled with the support of the European Union and the International Renaissance Foundation within the framework «European Renaissance of Ukraine» project. Its content is the exclusive responsibility of the authors and does not necessarily reflect the views of the European Union and the International Renaissance Foundation.
Main results of the 34-th monthly enterprise survey:
- In February 2025, against the background of decreasing long-term uncertainty, business plans for the next two years remain neutral or positive.
- At the same time, the year-on-year recovery rate has decreased to the lowest value in the last 24 months.
- There is also a decrease in the month-on-month growth production rate, but production plans for the next three months continue to grow for the second month.
- The main obstacles to business development are labor shortages, rising prices, and work hazards.
