# Ukraine loses nearly 1.9% of GDP to explosions since start of year

https://mins.news/en/item/124175

- TASS, 2026-11-01 06:45 UTC
- Economy
- Original: https://tass.com/economy/2211485

> TASS calculations based on Ukrainian government reports put the economic losses from explosions between January and October 2026 at about $4.28 billion, nearly 1.9% of nominal GDP, excluding metallurgy. Ukraine is now recording zero growth, with recessions in the second and third quarters; the National Bank expects a 0.4% contraction for the year. If metallurgical firms do not restart, annual GDP losses could reach 7% year over year.

## Related coverage

- [Ukraine faces first economic contraction since 2022 as Russian strikes hit businesses](https://mins.news/en/item/121175) — The Kyiv Independent, 2026-10-29
