KYIV, Nov 22 – J.P. Morgan has sharply downgraded its forecast for real GDP growth in Ukraine in 2021 from 4.5% to 2.3%, while maintaining its forecast for GDP growth in 2022 by 5%, according to the November EMEA Emerging Markets Research.

J.P. Morgan has sharply revised GDP growth for 2021 to 2.3% from previously expected 4.5%. They keep the forecast for GDP growth for 2022 at 5% and nominal GDP for 2021 at record $197 billion (from 2022 – at the level of $227 billion).