Current account balance in Ukraine
Ukraine: Current account balance was -8.0% 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 % of GDP.
Analysis
The most recent figure for current account balance in Ukraine is -8.0%, measured in 2024.
The figure is down 54.4% on the previous year and down 131.2% over ten years.
Over the whole period, current account balance in Ukraine peaked at 10.3% in 2004 and was at its lowest, -8.7%, in 2013.
That places Ukraine 165th out of 200 countries with data for 2024, putting it 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 | % of GDP | Change |
|---|---|---|
| 1994 | -2.2% | — |
| 1995 | -2.4% | +8.0% |
| 1996 | -2.7% | +11.2% |
| 1997 | -2.7% | +0.2% |
| 1998 | -3.1% | +16.2% |
| 1999 | 5.3% | -269.7% |
| 2000 | 4.1% | -21.0% |
| 2001 | 3.4% | -18.7% |
| 2002 | 7.2% | +114.8% |
| 2003 | 5.6% | -22.9% |
| 2004 | 10.3% | +84.3% |
| 2005 | 2.8% | -72.4% |
| 2006 | -1.4% | -151.0% |
| 2007 | -3.5% | +144.0% |
| 2008 | -6.8% | +92.5% |
| 2009 | -1.4% | -79.0% |
| 2010 | -2.1% | +49.5% |
| 2011 | -6.0% | +182.9% |
| 2012 | -7.9% | +29.9% |
| 2013 | -8.7% | +10.4% |
| 2014 | -3.4% | -60.3% |
| 2015 | 5.5% | -260.7% |
| 2016 | -2.0% | -136.1% |
| 2017 | -3.1% | +55.0% |
| 2018 | -4.9% | +58.6% |
| 2019 | -2.7% | -45.5% |
| 2020 | 2.7% | -201.2% |
| 2021 | -2.7% | -200.7% |
| 2022 | 4.5% | -265.6% |
| 2023 | -5.2% | -214.0% |
| 2024 | -8.0% | +54.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.3% | -3.1% | 5.3% | 6 |
| 2000s | 2.0% | -6.8% | 10.3% | 10 |
| 2010s | -3.5% | -8.7% | 5.5% | 10 |
| 2020s | -1.7% | -8.0% | 4.5% | 5 |
Countries ranked near Ukraine
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0832 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 457.19 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 3.47 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 19,060 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0385 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 211.59 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 5,491 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.31 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Ukraine?
- Current account balance in Ukraine was -8.0% 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 10.3% in 2004.
- What is the lowest current account balance recorded in Ukraine?
- The lowest recorded value was -8.7% in 2013.
- How does Ukraine rank for current account balance?
- Ukraine ranks 165th 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 131.2%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.