External balance on goods and services in Ukraine
Ukraine: External balance on goods and services was -2.37 trillion current LCU in 2025. ◆ Volatile
External balance on goods and services in Ukraine, 1989–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Ukraine stood at -2.37 trillion current LCU. That is the lowest value across all 37 years on record.
Compared with earlier readings it is down 51.9% on the previous year and down 4,460.2% over ten years.
Over the whole period, external balance on goods and services in Ukraine peaked at 26.50 billion current LCU in 2004 and was at its lowest, -2.37 trillion current LCU, in 2025.
Ukraine ranks 173rd of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Ukraine, year by year
| Year | current LCU | Change |
|---|---|---|
| 1989 | -1,000 current LCU | — |
| 1990 | -18,000 current LCU | +1700.0% |
| 1991 | 65,000 current LCU | -461.1% |
| 1992 | 1.00 million current LCU | +1441.5% |
| 1993 | -4.64 million current LCU | -563.1% |
| 1994 | -381.15 million current LCU | +8114.4% |
| 1995 | -1.68 billion current LCU | +341.0% |
| 1996 | -2.08 billion current LCU | +23.8% |
| 1997 | -2.86 billion current LCU | +37.2% |
| 1998 | -2.33 billion current LCU | -18.3% |
| 1999 | 7.12 billion current LCU | -405.0% |
| 2000 | 8.56 billion current LCU | +20.2% |
| 2001 | 2.90 billion current LCU | -66.1% |
| 2002 | 9.93 billion current LCU | +242.9% |
| 2003 | 6.92 billion current LCU | -30.3% |
| 2004 | 26.50 billion current LCU | +282.8% |
| 2005 | 3.71 billion current LCU | -86.0% |
| 2006 | -15.50 billion current LCU | -517.5% |
| 2007 | -41.06 billion current LCU | +164.9% |
| 2008 | -75.82 billion current LCU | +84.6% |
| 2009 | -15.33 billion current LCU | -79.8% |
| 2010 | -31.56 billion current LCU | +105.9% |
| 2011 | -80.85 billion current LCU | +156.2% |
| 2012 | -114.64 billion current LCU | +41.8% |
| 2013 | -124.96 billion current LCU | +9.0% |
| 2014 | -55.63 billion current LCU | -55.5% |
| 2015 | -51.93 billion current LCU | -6.7% |
| 2016 | -165.16 billion current LCU | +218.1% |
| 2017 | -232.09 billion current LCU | +40.5% |
| 2018 | -310.79 billion current LCU | +33.9% |
| 2019 | -320.08 billion current LCU | +3.0% |
| 2020 | -63.89 billion current LCU | -80.0% |
| 2021 | -72.02 billion current LCU | +12.7% |
| 2022 | -864.78 billion current LCU | +1100.7% |
| 2023 | -1.39 trillion current LCU | +60.3% |
| 2024 | -1.56 trillion current LCU | +12.5% |
| 2025 | -2.37 trillion current LCU | +51.9% |
Ukraine compared with similar countries
- Ukraine's -2.37 trillion current LCU is below the median for upper middle income countries, which is -2.10 billion current LCU, 1129.9× the median. (53 countries reporting)
- Ukraine's -2.37 trillion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Ukraine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -8114.4% | -4.64 million current LCU | -381.15 million current LCU |
| 1990 | -1700.0% | -1,000 current LCU | -18,000 current LCU |
| 1992 | +1441.5% | 65,000 current LCU | 1.00 million current LCU |
| 2022 | -1100.7% | -72.02 billion current LCU | -864.78 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1,000 current LCU | -1,000 current LCU | -1,000 current LCU | 1 |
| 1990s | -221.88 million current LCU | -2.86 billion current LCU | 7.12 billion current LCU | 10 |
| 2000s | -8.92 billion current LCU | -75.82 billion current LCU | 26.50 billion current LCU | 10 |
| 2010s | -148.77 billion current LCU | -320.08 billion current LCU | -31.56 billion current LCU | 10 |
| 2020s | -1.05 trillion current LCU | -2.37 trillion current LCU | -63.89 billion current LCU | 6 |
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)
- 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 external balance on goods and services in Ukraine?
- External balance on goods and services in Ukraine was -2.37 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Ukraine?
- The highest recorded value was 26.50 billion current LCU in 2004.
- What is the lowest external balance on goods and services recorded in Ukraine?
- The lowest recorded value was -2.37 trillion current LCU in 2025.
- How does Ukraine rank for external balance on goods and services?
- Ukraine ranks 173rd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Ukraine?
- Over the last ten years it is down 4,460.2%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.