Ukraine recorded a Government Budget deficit equal to 17.60 percent of the country's Gross Domestic Product in 2024. Government Budget in Ukraine averaged -4.25 percent of GDP from 1997 until 2024, reaching an all time high of 5.10 percent of GDP in 1999 and a record low of -20.30 percent of GDP in 2023. source: Ministry of Finance, Ukraine

Government Budget in Ukraine is expected to reach -18.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ukraine Government Budget is projected to trend around -18.40 percent of GDP in 2026 and -16.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 11.00 Jan 2026
Fiscal Expenditure 4540906.73 4079086.82 UAH Million Nov 2025
Government Budget -17.60 -20.30 percent of GDP Dec 2024
Government Budget Value 1238152.83 1098758.23 UAH Million Nov 2025
Government Debt 1910040880.40 1899139526.50 UAH Thousand Nov 2025
Government Debt to GDP 89.80 82.30 percent of GDP Dec 2024
Government Revenues 3295454.56 2973758.05 UAH Million Nov 2025
Government Spending 382753.00 336725.00 UAH Million Sep 2025
Holidays
Military Expenditure 64705.00 64908.00 USD Million Dec 2024


Ukraine Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-17.60 -20.30 5.10 -20.30 1997 - 2024 percent of GDP Yearly