Ukraine has lost half of its GDP because of Western sanctions against Russia

Summary

Ukrainian member of parliament claimed that Ukraine allegedly “lost half of its GDP because of Western sanctions against Russia”. Russia sanctions “first and foremost took away the incomes of our citizens. We (Ukraine) lost half of our GDP, Russia lost 2%, Europe less than 1%, and we – half”.

Disproof

There is no evidence for such a claim. Neither Ukraine’s State Statistics Service nor World Bank data support this fake claim. International sanctions against Russia were introduced in response to the Kremlin’s armed aggression against Ukraine, which in turn had a significant impact on the state of the Ukrainian economy. The story has its roots in a claim uttered by Ukrainian MP Yevhen Murayev on the NewsOne television channel. Murayev, a former member of the Regions Party of Ukraine’s ousted President Viktor Yanukovych, is a staunchly pro-Russian politician and advocates the resumption of Ukraine’s trade with Russia to its pre-war level.

According to Ukraine’s State Statistics Service, Ukraine’s GDP fell as much as 16% in the first quarter of 2015. According to the World Bank, Ukraine’s GDP in 2015 shrank by 9.77%.

Further debunking at Stopfake www.stopfake.org/en/fake-ukraine-loses-50-of-its-gdp-to-russia-sanctions/, .

publication/media

  • Reported in: Issue 98
  • DATE OF PUBLICATION: 03/02/2018
  • Language/target audience: Russian
  • Country: Russia, Ukraine
  • Keywords: Sanctions
  • Outlet: RIA Novosti, NTV, Rossiyskaya gazeta,Russian Defense Ministry television channel Zvezda, Kommersant, Ukraina.RU, RT, Novorossiya, AntiMaidan, Rytm Evrazii, Baltnews, News Front, Federalnoye Agentstvo Novostey
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Disproof

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