Prices & public finance · Europe & Central Asia · Upper-middle income
Ukraine: prices, money and public finance
Inflation is 12.7% (2025), 18th of 180 in the world and 2nd of 49 in Europe & Central Asia. GDP deflator is 14.5% (2025), 17th of 209 in the world and 2nd of 56 in Europe & Central Asia. Lending rate is 19.7% (2025), 15th of 136 in the world and 4th of 24 in Europe & Central Asia.
Inflation
UkraineEurope & Central AsiaUpper-middle incomeWorld
GDP deflator
UkraineEurope & Central AsiaUpper-middle incomeWorld
14 indicators
Prices & public finance: Ukraine in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 12.7%2025 | 18/180 | 2/49 | 28.2% | 9.4% | 2.7% | −36.0 ppsince 2015 | 3.7% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 14.5%2025 | 17/209 | 2/56 | 27.5% | 13.7% | 10.3% | −24.4 ppsince 2015 | 3.6% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 19.7%2025 | 15/136 | 4/24 | 41.5% | 15.9% | 14.3% | −2.1 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 4.6%2025 | 73/136 | 9/24 | 11.0% | 1.9% | 3.6% | +16.8 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 41.692025 | 81/210 | 11/57 | 5.44 | 7.94 | 26.96 | +91%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 21.0%2024 | 42/142 | 23/48 | 13.6% | 15.0% | 19.2% | +3.7 ppsince 2014 | 19.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 33.7%2024 | 35/142 | 28/48 | 25.9% | 33.2% | 32.3% | ±0.0 ppsince 2014 | 34.7% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 65.6%2023 | 3/142 | 1/47 | 25.9% | 39.5% | 37.2% | +26.9 ppsince 2013 | 38.9% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 58.7%2020 | 30/78 | 6/19 | 43.7% | 28.9% | 58.7% | +29.8 ppsince 2010 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 101.3%2024 | 11/119 | 2/20 | 45.9% | 91.6% | 83.4% | +4.5 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 16.4%2025 | 139/169 | 47/48 | · | 75.8% | 28.2% | −40.2 ppsince 2015 | 82.1% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 45.0%2025 | 96/146 | 20/28 | 17.9% | 53.4% | 43.8% | −5.0 ppsince 2015 | — | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 5.82025 | 49/165 | 11/49 | 1.0 | 5.4 | 4.8 | +89%since 2015 | 6.3 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 39.56%2025 | 1/156 | 1/47 | 3.51% | 2.74% | 4.40% | +35.7 ppsince 2015 | 2.83% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Inflation−36.0 pp12.7% in 2025
- Reserves, months of imports+89%5.8 in 2025
Worse than ten years ago
- Government debt+29.8 pp58.7% in 2020
- External debt+4.5 pp101.3% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Ukraine and its neighbours
Countries sharing a land border with Ukraine. Latest values since 2005; the highest in each row is marked.
| Indicator | Ukraine | Russia | Poland | Romania | Hungary | Belarus |
|---|---|---|---|---|---|---|
| Inflation | 12.7%2025 | 8.7%2025 | 3.8%2025 | 7.2%2025 | 4.4%2025 | 6.6%2025 |
| GDP deflator | 14.5%2025 | 4.9%2025 | 2.9%2025 | 8.2%2025 | 6.3%2025 | 10.9%2025 |
| Lending rate | 19.7%2025 | 17.1%2024 | — | 8.5%2025 | 8.0%2025 | 10.9%2025 |
| Real interest rate | 4.6%2025 | 5.8%2024 | — | 0.3%2025 | 1.6%2025 | 0.0%2025 |
| Exchange rate | 41.692025 | 83.652025 | 3.762025 | 4.472025 | 353.142025 | 3.072025 |
| Tax revenue | 21.0%2024 | 10.9%2024 | 17.4%2024 | 16.2%2024 | 22.7%2024 | 13.0%2024 |
| Government revenue | 33.7%2024 | 27.8%2024 | 35.9%2024 | 30.7%2024 | 37.9%2024 | 28.1%2024 |
| Government expense | 65.6%2023 | 30.0%2023 | 39.1%2023 | 37.3%2022 | 42.4%2022 | 28.5%2023 |
| Government debt | 58.7%2020 | 17.9%2024 | — | — | 82.0%2024 | 33.2%2019 |