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MacroUkraine

Government debt in Ukraine

How indebted is the state my taxes would go to?

Ukraine's government debt is 108.70 % — #115 of 124 countries on the atlas (lower is better). Period 2025.

108.70%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 1.1 years' worth of the country's entire economic output.

Government debt in Ukraine over time

108.70 %60.25 %11.80 %11.80 % · 20071997: 29.90 %1998: 48.10 %1999: 61.00 %2000: 43.70 %2001: 35.30 %2002: 32.30 %2003: 28.30 %2004: 23.90 %2005: 17.10 %2006: 14.30 %2007: 11.80 %2008: 19.70 %2009: 34.10 %2010: 39.10 %2011: 35.50 %2012: 36.10 %2013: 39.00 %2014: 70.30 %2015: 79.30 %2016: 79.50 %2017: 71.60 %2018: 60.40 %2019: 50.50 %2020: 60.50 %2021: 48.90 %2022: 77.70 %2023: 81.20 %2024: 89.70 %2025: 108.70 %199720112025108.70 %
29 official observations, 1997 → 2025. Every point is a published value — never interpolated.
Rank
#115 of 124
lower is better
Ranked behind
7 %
9 of 124 countries
Latest move
▲ 19.00 pp
since 2024
Full series
▲ 78.80 pp
since 1997

In Europe: #34 of 37vs median 54.55 %: +54.15 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Ukraine: ahead of 7 % of the 124 countries with a published government debtUkraine 108.70 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Ukraine is ahead of 7 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Ukraine
113 Suriname105.80 %−2.90 pp
114 Belgium106.30 %−2.40 pp
115 Ukraine108.70 %—
116 Canada113.50 %+4.80 pp
117 France116.00 %+7.30 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Ukraine

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Ukraine with another country →Everything about Ukraine →
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