Ukraine aims to radically transform the structure of its national economy and increase the manufacturing sector’s share of the country’s gross domestic product (GDP) to 20% from the current 8.8%.
To achieve this goal, the government plans to expand funding for the “Made in Ukraine” policy to over 40 billion hryvnias by 2027, increase support for manufacturers, introduce new mechanisms for insuring against war risks, and significantly improve businesses’ access to credit.
This was announced by Minister of Economy, Environment, and Agriculture Oleksiy Sobolev during a speech at the “Industrial Evolution: Manufacturing Drives the Economy” forum, which took place at the Bila Tserkva Industrial Park. ProfBuild reports this, citing Delo.ua.
Currently, the manufacturing sector accounts for 8.8% of Ukraine’s GDP. Despite the conditions of full-scale war and ongoing destruction by Russia, this figure has increased by approximately one percentage point. However, as Oleksiy Sobolev emphasized, this is still insufficient for a complete structural transformation of the economy.
According to him, the 20% of GDP benchmark is a standard that the Organization for Economic Cooperation and Development (OECD) considers a sign of a healthy economy.
Countries such as Poland, Turkey, and the Czech Republic have already exceeded the 20% level. To catch up with them, Ukraine must not only increase overall production volumes but also fundamentally transform the market structure by increasing the share of high-tech products and labor productivity.
The minister emphasized that the “Made in Ukraine” state policy is already yielding tangible results. By the end of 2025, the manufacturing sector had become the largest taxpayer among all economic sectors, accounting for 18% of the country’s consolidated budget revenue—an increase of 70 billion hryvnias compared to previous figures. At the same time, at least 36 billion hryvnias were allocated to programs supporting domestic manufacturers. According to government estimates, the implementation of this policy contributed nearly one percentage point to the country’s overall GDP growth.
For the current year, 2026, approximately 37 billion hryvnias have been earmarked for the implementation of support programs.
At the same time, when preparing the budget for next year, the government is counting on further expansion of funding. It is expected that in 2027 the program budget will exceed 40 billion hryvnias, which will allow financing additional insurance against war risks, allocate new grants for recycling and separate funds for programs for infrastructure restoration. “I think it will be 40 billion hryvnias next year. There will be additional insurance against war risks, there will be additional grants for recycling, separate money for the program for restoration,” Sobolev said.
In addition, the government plans to increase funding for the special component of the affordable lending program "5-7-9". For enterprises that continue to operate in frontline areas, additional state guarantees will be introduced, which will help them attract more credit resources. Also, separate blocks of support will be aimed at stabilizing the energy sector, and the government will continue to assign a significant role in the overall development of industrial production to industrial parks.
Source of information: profbuild.in.ua
