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Ukrainian Economist Warns Population Could Drop to 10–15 Million, Projects Need for 10 Million Migrant Workers

His estimate underscores severe labor shortages after a multi‑million wartime exodus that raised the share of pensioners.

Overview

  • Kyiv School of Economics president Timofey Milovanov gave a pessimistic forecast that Ukraine’s population could fall to 10–15 million, while his optimistic scenario envisages 35–40 million.
  • Milovanov said the country may need to attract roughly 10 million labor migrants, largely for blue‑collar roles, to keep the economy functioning.
  • UNFPA previously reported about 10 million people left Ukraine since 2022, and the UN’s Geneva office estimated an 8 million population decline by autumn 2024.
  • The Razumkov Centre estimated the working‑age population was down 40% in summer 2024 versus 2021, with widespread staffing gaps across industries.
  • Businesses have already begun hiring workers from countries such as Bangladesh and Pakistan, and planning is complicated by the lack of a national census since 2001 when Ukraine counted 48.457 million people.