“A Fragile Step Forward“ Main economic trends in December 2025, based on the results of the New Rapid Enterprises Survey, #NRES
On January 13, 2026 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (December 2025)”. During the event, the results of the 44-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in December 2025, were presented.
The field stage of the 44-th wave lasted from December 18 -31, 2025. The enterprise managers compared the work results in December 2025 with November, assessed the indicators at the time of the survey (December 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 survey uses a panel sample that includes 500+ enterprises located in 21 of 27 regions of Ukraine, including Vinnytsya, Volyn, Dnipropetrovsk, Zhytomyr, Zakarpattya, Zaporizhzhia, Ivano-Frankivsk, Kyiv, Kirovohrad, Lviv, Odesa, Poltava, Rivne, Sumy, Ternopil, Kharkiv, Khmelnytskyy, Cherkasy, Chernivtsi and Chernihiv regions and the Kyiv city.
Average Order Backlog of Enterprises Shortened to 3.4 Months — IER Survey
Labor Shortages and Security Risks Were the Top Obstacles for Business in December — IER Survey
The research was conducted by the Institute for Economic Research and Policy Consulting (IER) within the framework of the project ” Ukraine’s integration into the EU: a dialogue built on facts” with the support of the International Renaissance Foundation.
✅ More survey results in the presentation.
✅ Video presentation (ukr): Youtube IER
