Net incurrence of liabilities, total (% of GDP) in Ukraine
Ukraine: Net incurrence of liabilities, total (% of GDP) was 18.3% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Ukraine, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Ukraine recorded 18.3% for net incurrence of liabilities, total in 2024.
The figure is down 1.3% on the previous year and up 42.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Ukraine peaked at 18.5% in 2023 and was at its lowest, -0.0%, in 2002.
That places Ukraine 2nd out of 136 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (% of GDP) in Ukraine, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | 2.0% | — |
| 2000 | 1.1% | -45.7% |
| 2001 | 1.5% | +38.6% |
| 2002 | -0.0% | -100.0% |
| 2003 | 0.7% | -125007.0% |
| 2004 | 3.0% | +322.6% |
| 2005 | 4.4% | +48.5% |
| 2006 | 0.5% | -89.7% |
| 2007 | 1.2% | +159.9% |
| 2008 | 3.4% | +183.2% |
| 2009 | 11.2% | +235.1% |
| 2010 | 9.5% | -15.4% |
| 2011 | 4.4% | -54.1% |
| 2012 | 3.3% | -23.5% |
| 2013 | 5.3% | +60.1% |
| 2014 | 12.8% | +139.2% |
| 2015 | 5.5% | -57.1% |
| 2016 | 7.2% | +30.5% |
| 2017 | 4.3% | -40.1% |
| 2018 | 1.5% | -65.1% |
| 2019 | 1.8% | +19.8% |
| 2020 | 6.0% | +235.9% |
| 2021 | 3.3% | -45.3% |
| 2022 | 15.6% | +375.3% |
| 2023 | 18.5% | +18.3% |
| 2024 | 18.3% | -1.3% |
Ukraine compared with similar countries
- Ukraine's 18.3% is above the median for upper middle income countries, which is 2.9%, 6.4× the median. (47 countries reporting)
- Ukraine's 18.3% is above the median for Europe & Central Asia, which is 3.4%, 5.4× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) 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 |
|---|---|---|---|
| 2003 | +125007.0% | -0.0% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.0% | 2.0% | 2.0% | 1 |
| 2000s | 2.7% | -0.0% | 11.2% | 10 |
| 2010s | 5.6% | 1.5% | 12.8% | 10 |
| 2020s | 12.3% | 3.3% | 18.5% | 5 |
Countries ranked near Ukraine
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Frequently asked questions
- What is net incurrence of liabilities, total in Ukraine?
- Net incurrence of liabilities, total in Ukraine was 18.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Ukraine?
- The highest recorded value was 18.5% in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Ukraine?
- The lowest recorded value was -0.0% in 2002.
- How does Ukraine rank for net incurrence of liabilities, total?
- Ukraine ranks 2nd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Ukraine?
- Over the last ten years it is up 42.9%. 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.