Capacity Statement: Livelihoods and Economic Development

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Monday, May 27, 2024

Sectoral Landscape Analysis

The current crisis has affected 7.3 million individuals, including 472,000 internally displaced persons, 438,000 returnees, and 2.4 million non-displaced individuals impacted by war. This population includes 52% women, 16% children, 27% elderly, and 15% individuals with disabilities.

Additionally, there are 121,000 registered Ukrainian refugees in Moldova (HNRP, 2024, UNHCR 2024). Small and medium businesses (SMBs) form the backbone of the Ukrainian and Moldovan economy.

The market is vibrant even amidst the war, and Nasdaq has signed a partnership agreement with the Ukrainian government to support the development of Ukrainian capital markets.

SMBs constitute 99.97 percent of total registered businesses in Ukraine, employed almost 82 percent of the Ukrainian workforce, or 7.4 million people, and generated 65 percent of total sales in goods, works, and services (CSIS, August 2023).