Link to main version

226

In less than 4 years! Ukraine's national debt has tripled compared to 2022

It will take 35 years to pay it off, as well as paying a lot of significant interest

Снимка: БГНЕС/ЕРА

Ukraine's national debt has tripled since 2022, i.e. in less than 4 years. It will take 35 years to repay, as well as paying a lot of substantial interest, said a statement from the "European Solidarity" party, which has representatives in the Verkhovna Rada (the country's parliament).

"The state and state-guaranteed debt of Ukraine as of September 30, 2025 reached 8.024 trillion hryvnias (about 191.18 billion dollars). This is exactly three times more than the country's public debt as of the beginning of 2022. According to the existing financial agreements related to it, it will take 35 years to repay the specified public debt.

"In addition, for debt service, i.e. "to pay the interest on it, for the specified period, budget funds in the amount of more than 3.8 trillion hryvnias ($90.5 billion) will need to be spent," a statement published on the Telegram channel of "European Solidarity" said.

The party also noted that even without this, Ukraine's huge debt will continue to grow and next year.

The International Monetary Fund (IMF) forecast indicates that Ukraine's public debt will increase sharply to 108.6% of gross domestic product (GDP) in 2025, and the growth in absolute value and share will continue next year, to 110.4% of GDP in 2026. We will recall that for the EC countries the requirement is that the maximum debt does not exceed 60% of the GDP of the respective country.