The authors of the article puts forward a thesis on determining the economic consequences of the war in Ukraine for the world. It was hypothesized that the war period has a negative impact on the economy of Ukraine and is a continuation of the conflicts, crises and pandemics that preceded it. The structure of the article corresponds to the accepted goal of developing the economic consequences of the war in Ukraine since 2014. This was done through the prism of economic and social conditions of doing business. The main method of research is the method of critical analysis of literature. Ukraine has significant losses in terms of human and financial resources. The eastern regions of Ukraine, where fierce battles are taking place, were the most affected. It has been established that the consequences of Ukraine's war for the world are negative due to increasing inflation, the threat of famine, the brewing energy crisis, the threat of stagnation and the growth of chaos in relations both with the outside world and within the country. As a result of the war in Ukraine, the world may face the problem of imbalance in regional development, the processes of impoverishment of the population in African countries and underdeveloped countries will accelerate. All this will have a negative impact on world development.