Ukraine recorded a Current Account surplus of 4.30 percent of the country's Gross Domestic Product in 2020. source: National Bank of Ukraine

Current Account to GDP in Ukraine averaged -0.87 percent of GDP from 1992 until 2020, reaching an all time high of 10.60 percent of GDP in 2004 and a record low of -8.70 percent of GDP in 2013. This page provides - Ukraine Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ukraine Current Account to GDP - values, historical data and charts - was last updated on July of 2022.

Current Account to GDP in Ukraine is expected to reach -3.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ukraine Current Account to GDP is projected to trend around -4.00 percent of GDP in 2023 and -3.80 percent of GDP in 2024, according to our econometric models.

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Ukraine Current Account to GDP

Related Last Previous Unit Reference
Current Account 132.00 1071.00 USD Million May 2022
Current Account to GDP 4.30 -2.70 percent of GDP Dec 2020
External Debt 127462.00 129711.00 USD Million Mar 2022
Capital Flows 5854.00 -2977.00 USD Million Mar 2022
Foreign Direct Investment -314.00 1559.00 USD Million Mar 2022
Remittances 4001.00 3751.00 USD Million Sep 2021

Ukraine Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 -2.70 10.60 -8.70 1992 - 2020 percent of GDP Yearly