HistoryData

Current Account Balance: Ukraine

Ukraine's current account balance is currently -12.6 % of GDP as of 2026. # Ukraine Current Account Balance Ukraine's current account balance stands at -12.

Current (2026)
-12.6 % of GDP
+23.6% y/y
Peak (2004)
10.7 % of GDP
Low (2025)
-16.5 % of GDP
Source
IMF World Economic Outlook
19922026 · 39 pts

Current Account BalanceUkraine

19922026

Current Account Balance — Ukraine
-16.5% of GDP-9.7% of GDP-2.9% of GDP3.9% of GDP10.7% of GDP19922000201020202030PeakLow
Analysis# Ukraine Current Account Balance Ukraine's current account balance stands at -12.6% of GDP in 2026, reflecting a significant structural deficit in its external accounts. This figure sits well below the country's all-time peak of 10.7% in 2004, when Ukraine maintained a strong surplus position. The recent low of -16.5% in 2025 marks the weakest performance in the dataset, underscoring the magnitude of current imbalances. Since 1992, Ukraine's current account has deteriorated by 350%, shifting from modest surplus conditions to persistent deficits. The 2022-2025 period reveals dramatic volatility following Russia's invasion. A surplus of 4.9% in 2022 gave way to sharp deterioration, plummeting to -16.5% by 2025. Recovery appears modest in 2026, with the deficit narrowing to -12.6%, suggesting gradual stabilization. This recovery trajectory, if sustained, indicates a gradual rebalancing of Ukraine's external position, though deficits are projected to remain substantial through the forecast period.

Historical Data

39 Rows
YearValueChange %
2030-4.3 % of GDP+0.00%
2029-4.3 % of GDP+2.27%
2028-4.4 % of GDP+18.52%
2027-5.4 % of GDP+57.14%
2026-12.6 % of GDP+23.64%
2025-16.5 % of GDP-129.17%
2024-7.2 % of GDP-35.85%
2023-5.3 % of GDP-208.16%
20224.9 % of GDP+357.89%
2021-1.9 % of GDP-157.58%
20203.3 % of GDP+222.22%
2019-2.7 % of GDP+18.18%
2018-3.3 % of GDP-50.00%
2017-2.2 % of GDP-46.67%
2016-1.5 % of GDP-188.24%
20151.7 % of GDP+144.74%
2014-3.8 % of GDP+57.78%
2013-9 % of GDP-11.11%
2012-8.1 % of GDP-28.57%
2011-6.3 % of GDP-186.36%
Show all 39 rows
YearValueChange %
2010-2.2 % of GDP-46.67%
2009-1.5 % of GDP+78.57%
2008-7 % of GDP-89.19%
2007-3.7 % of GDP-146.67%
2006-1.5 % of GDP-151.72%
20052.9 % of GDP-72.90%
200410.7 % of GDP+84.48%
20035.8 % of GDP-22.67%
20027.5 % of GDP+102.70%
20013.7 % of GDP-19.57%
20004.6 % of GDP-9.80%
19995.1 % of GDP+270.00%
1998-3 % of GDP-15.38%
1997-2.6 % of GDP+0.00%
1996-2.6 % of GDP+13.33%
1995-3 % of GDP+3.23%
1994-3.1 % of GDP-29.17%
1993-2.4 % of GDP+14.29%
1992-2.8 % of GDP

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