Current Account in Ukraine

Ukraine Current Account (USD bn) | Economic News & Forecasts

Ukraine - Current Account (billions of U.S. Dollars)

The war has now surpassed the grim milestone of 100 days. In recent weeks, fighting has shifted towards the east and south of Ukraine, and Russia has made significant territorial gains in the Donbas region. Moreover, it has largely succeeded in cutting Ukraine off from the sea, after capturing Mariupol to the east, Kherson to the west and instituting a naval blockade in the Black Sea. This is causing severe disruptions to wheat supplies worldwide. Ukraine was the world’s fifth biggest exporter prior to the conflict, which led exports to collapse year on year in both March and April. To make matters worse, bilateral peace talks in Turkey have largely stalled and no agreement is yet in sight. Nonetheless, international aid for the war effort has remained robust: The U.S. signed a new aid package worth about EUR 37 billion, while the EU pledged a further EUR 500 million in military aid.

Ukraine - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)1.6  -1.3  -2.4  -4.4  -1.3  

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Ukraine Current Account (USD bn) Chart

Ukraine Current Account
Note: Current account balance as % of GDP.
Source: National Bank of Ukraine and FocusEconomics calculations.

Ukraine Facts

Value Change Date
Bond Yield19.000.0 %Jul 27
Exchange Rate23.700.30 %Jan 01

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