Goods and services expense in Ukraine
Ukraine: Goods and services expense was 1.38 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Ukraine, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Ukraine is 1.38 trillion current LCU, measured in 2024.
Compared with earlier readings it is down 11.2% on the previous year and up 1,982.6% over ten years.
Over the whole period, goods and services expense in Ukraine peaked at 1.55 trillion current LCU in 2023 and was at its lowest, 3.74 billion current LCU, in 1999.
Ukraine ranks 26th of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.74 billion current LCU | 3.74 billion current LCU | 3.74 billion current LCU | 1 |
| 2000s | 21.17 billion current LCU | 8.09 billion current LCU | 45.99 billion current LCU | 10 |
| 2010s | 95.59 billion current LCU | 50.68 billion current LCU | 183.26 billion current LCU | 10 |
| 2020s | 873.49 billion current LCU | 302.77 billion current LCU | 1.55 trillion current LCU | 5 |
Countries ranked near Ukraine
- 23 India 2.33 trillion current LCU compare
- 24 Costa Rica 1.66 trillion current LCU compare
- 25 Cote d'Ivoire 1.42 trillion current LCU compare
- 27 Turkey 1.24 trillion current LCU compare
- 28 Philippines 1.09 trillion current LCU compare
- 29 Malawi 1.05 trillion current LCU compare
More public sector data for Ukraine
- Arms imports 5.23 billion SIPRI trend indicator values (2024)
- Tax revenue 21.0% (2024)
- Taxes on income, profits and capital gains 16.2% (2024)
- Taxes on goods and services 26.2% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -17.8% (2024)
- Interest payments 8.3% (2024)
- Grants and other revenue 41.1% (2024)
- Interest payments 5.8% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is goods and services expense in Ukraine?
- Goods and services expense in Ukraine was 1.38 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Ukraine?
- The highest recorded value was 1.55 trillion current LCU in 2023.
- What is the lowest goods and services expense recorded in Ukraine?
- The lowest recorded value was 3.74 billion current LCU in 1999.
- How does Ukraine rank for goods and services expense?
- Ukraine ranks 26th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Ukraine?
- Over the last ten years it is up 1,982.6%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.