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Ukraine's state debt to GDP ratio to drop to 62% by end-year
Journal Staff Report

KYIV, April 10 Ц The ratio of Ukraine's total state debt to gross domestic product (GDP) after falling from 71.9% of GDP in 2017 to 63.9% in 2018 will decrease to 62% by the end of this year, this forecast is contained in the updated World Economic Outlook (WEO), promulgated by the International Monetary Fund.

According to the report, this figure will continue to decline in the following years: in 2020 to 57.9%, in 2021 to 53.8% of GDP, in 2022 to 49.8% of GDP, in 2023 to 46.2%, and in 2024 to 43.7%.

At the same time, in absolute terms, the aggregate national debt will continue to grow, according to IMF experts. According to their estimates, by the end of this year it will reach UAH 2.4 trillion, the next year some UAH 2.55 trillion, and by the end of 2024 it will amount to UAH 2.89 trillion.




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Currencies (in hryvnias)
  18.04.2019 prev
USD 26.69 26.72
RUR 0.417 0.416
EUR 30.16 30.21

Stock Market
  17.04.2019 prev
PFTS 538.5 534.1
source: PFTS

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