At the end of the year, public debt will be 52.3% of GDP.

Friday, December 17, 2021
At the end of the year, public debt will be 52.3% of GDP.

The national debt per capita decreased by 3.8% in January-October – to UAH 59.1 thousand per person (UAH 2.3 thousand per person compared to the beginning of the year). At the same time, the debt-to-GDP ratio decreased from 60.8% at the end of 2020 to 48.3% of GDP as of October 31, 2021. However, at the same time, the accumulation rate of public debt at the end of the year will accelerate. According to the committee, as of December 31 this year, the national debt in hryvnia equivalent will amount to about UAH 2,640 billion, or 52.3% of GDP, reported ukrinform.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
In 2022, Ukravtodor will hold tenders to construct five sections of the Kyiv bypass,

In 2022, Ukravtodor will hold tenders to construct five sections of the Kyiv bypass,

Next post
The volume of non-performing loans of state-owned banks decreased by 11%

The volume of non-performing loans of state-owned banks decreased by 11%

Previous Main Topics