Assessment of the digital transformation of Ukraine’s economy: Challenges, opportunities, and strategic prospects

Abstract

The digital transformation of Ukraine’s economy enhances efficiency, competitiveness, and modernisation across key sectors by optimising business processes, developing infrastructure and e-governance, and fostering digital skills among the population. This study aimed to develop a comprehensive system for the digital transformation of Ukraine’s economy, considering contemporary challenges, opportunities, and the necessary mechanisms for managing this process. The research methodology was based on an analysis of international experience in implementing digital technologies, an assessment of the economic benefits of digitalisation, and an examination of the impact of technology on the efficiency of public administration and business. The study also included a review of current trends in the digital economy and an assessment of their applicability in Ukraine. The key findings of the study confirmed that the digital transformation of Ukraine’s economy creates new opportunities for economic growth, increased productivity, and enhanced competitiveness. The transition to a digital economy in Ukraine should focus on establishing conditions for the development of innovative sectors, reducing dependence on raw material exports, and increasing the added value of products. This priority has been emphasised in the process of developing the national digital transformation strategy, which should include the expansion of digital infrastructure, support for innovative technologies, and the implementation of new digital services in public administration and business. Particular attention has been given to cybersecurity and personal data protection amid the rapid advancement of digital solutions. The practical significance of the study lies in the application of its findings to the development of national digitalisation strategies, which will contribute to economic growth and Ukraine’s integration into the global digital economy.