Ukraine recorded a Current Account deficit of 3.60 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Ukraine averaged -1.08 percent from 1992 until 2018, reaching an all time high of 10.60 percent in 2004 and a record low of -8.70 percent 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 2020. source: National Bank of Ukraine

Current Account to GDP in Ukraine is expected to reach -2.80 percent by the end of 2020, 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 -3.00 percent in 2021 and -3.20 percent in 2022, according to our econometric models.

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Ukraine Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -2.20 10.60 -8.70 1992 - 2018 percent Yearly

Ukraine Trade Last Previous Highest Lowest Unit
Balance of Trade 417.50 -579.20 688.00 -2364.90 USD Million [+]
Current Account 1367.00 1903.00 2252.00 -2498.00 USD Million [+]
Current Account to GDP -3.60 -2.20 10.60 -8.70 percent [+]
Imports 3418.50 4773.50 8822.90 1025.20 USD Million [+]
Exports 3836.00 4137.00 7616.80 1215.20 USD Million [+]
External Debt 120334.00 121739.00 142079.00 23811.00 USD Million [+]
Capital Flows 2476.00 -2344.00 6964.00 -6044.00 USD Million [+]
Gold Reserves 25.20 24.57 42.61 13.40 Tonnes [+]
Remittances 2910.00 3220.00 3220.00 1218.00 USD Million [+]
Terms Of Trade 102.10 101.00 108.80 86.90 points [+]
Terrorism Index 5.55 6.05 7.20 0.15 [+]
Weapons Sales 224.00 293.00 1498.00 82.00 USD Million [+]
Foreign Direct Investment -1451.00 1466.00 6502.00 -3200.00 USD Million [+]
Crude Oil Production 34.00 34.00 67.00 26.00 BBL/D/1K [+]


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.