Current account balance in Ukraine
Ukraine: Current account balance was -15.19 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Ukraine, 1994–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Ukraine stood at -15.19 billion BoP, current US$.
Compared with earlier readings it is down 62.6% on the previous year and down 230.5% over ten years.
Over the whole period, current account balance in Ukraine peaked at 7.33 billion BoP, current US$ in 2022 and was at its lowest, -16.52 billion BoP, current US$, in 2013.
Ukraine ranks 190th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Ukraine, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1994 | -1.16 billion BoP, current US$ | — |
| 1995 | -1.15 billion BoP, current US$ | -0.9% |
| 1996 | -1.18 billion BoP, current US$ | +2.8% |
| 1997 | -1.33 billion BoP, current US$ | +12.8% |
| 1998 | -1.30 billion BoP, current US$ | -2.9% |
| 1999 | 1.66 billion BoP, current US$ | -227.9% |
| 2000 | 1.34 billion BoP, current US$ | -19.1% |
| 2001 | 1.32 billion BoP, current US$ | -1.3% |
| 2002 | 3.18 billion BoP, current US$ | +140.2% |
| 2003 | 2.90 billion BoP, current US$ | -8.8% |
| 2004 | 6.91 billion BoP, current US$ | +138.2% |
| 2005 | 2.53 billion BoP, current US$ | -63.3% |
| 2006 | -1.62 billion BoP, current US$ | -163.9% |
| 2007 | -5.25 billion BoP, current US$ | +224.3% |
| 2008 | -12.78 billion BoP, current US$ | +143.4% |
| 2009 | -1.74 billion BoP, current US$ | -86.4% |
| 2010 | -3.02 billion BoP, current US$ | +73.7% |
| 2011 | -10.23 billion BoP, current US$ | +239.3% |
| 2012 | -14.34 billion BoP, current US$ | +40.1% |
| 2013 | -16.52 billion BoP, current US$ | +15.2% |
| 2014 | -4.60 billion BoP, current US$ | -72.2% |
| 2015 | 5.04 billion BoP, current US$ | -209.6% |
| 2016 | -1.87 billion BoP, current US$ | -137.1% |
| 2017 | -3.47 billion BoP, current US$ | +86.1% |
| 2018 | -6.43 billion BoP, current US$ | +85.2% |
| 2019 | -4.12 billion BoP, current US$ | -35.9% |
| 2020 | 4.25 billion BoP, current US$ | -203.0% |
| 2021 | -5.46 billion BoP, current US$ | -228.5% |
| 2022 | 7.33 billion BoP, current US$ | -234.2% |
| 2023 | -9.34 billion BoP, current US$ | -227.5% |
| 2024 | -15.19 billion BoP, current US$ | +62.6% |
Ukraine compared with similar countries
- Ukraine's -15.19 billion BoP, current US$ is below the median for upper middle income countries, which is -814.98 million BoP, current US$, 18.6× the median. (57 countries reporting)
- Ukraine's -15.19 billion BoP, current US$ is below the median for Europe & Central Asia, which is -814.98 million BoP, current US$, 18.6× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -745.33 million BoP, current US$ | -1.33 billion BoP, current US$ | 1.66 billion BoP, current US$ | 6 |
| 2000s | -319.50 million BoP, current US$ | -12.78 billion BoP, current US$ | 6.91 billion BoP, current US$ | 10 |
| 2010s | -5.96 billion BoP, current US$ | -16.52 billion BoP, current US$ | 5.04 billion BoP, current US$ | 10 |
| 2020s | -3.68 billion BoP, current US$ | -15.19 billion BoP, current US$ | 7.33 billion BoP, current US$ | 5 |
Countries ranked near Ukraine
- 187 Kazakhstan -12.45 billion BoP, current US$ compare
- 188 Egypt -13.94 billion BoP, current US$ compare
- 189 Belgium -14.02 billion BoP, current US$ compare
- 191 Philippines -16.29 billion BoP, current US$ compare
- 192 India -16.49 billion BoP, current US$ compare
- 193 Greece -18.22 billion BoP, current US$ compare
More economy & growth data for Ukraine
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 305.00 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.06 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -12.12 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0211 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 106.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 30.81 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Ukraine?
- Current account balance in Ukraine was -15.19 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Ukraine?
- The highest recorded value was 7.33 billion BoP, current US$ in 2022.
- What is the lowest current account balance recorded in Ukraine?
- The lowest recorded value was -16.52 billion BoP, current US$ in 2013.
- How does Ukraine rank for current account balance?
- Ukraine ranks 190th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Ukraine?
- Over the last ten years it is down 230.5%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.