Friday, September 22, 2023

Ukraine’s debt amounted to 71.6% of GDP in 2022

He Ministry of Finance of Ukraine reported today that the State debt amounted in 2022 to the equivalent of 71.6% of the gross domestic product (GDP), compared to 43.3% in 2021, the year before the Russian invasion.

In 2022, the nominal GDP it fell from US$ 200,000 to 161,000 million (from €182,000 to 146,000 million, at the exchange rate), according to the Ministry on its Twitter account.

At the same time, the debt amounted to US$101.6 billion compared to the previous year, when it was at US$86.6 billion (€92 billion and €79 billion respectively).

Said amount includes US$ 63,6000 millions of external debt (€57,000 million) and the 38,000 of domestic debt (€34,600 million).

In addition, according to the ministry’s data, the sum of the state debt and the debt guaranteed by the State At the end of 2022, it amounted to 78.5% of GDP, from 48.9% where it stood a year earlier.

According to the “Ukrinform” agency, throughout 2022 Kiev made debt payments worth US$ 448.6 billion (€408 billion), and returned another 156.5 billion (€142 billion) in interest.


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