This is reported by RBK-Ukraine citing data from The Ministry of Finance. Information is also provided by Kontrakty.UA.
In January 2025, the debt increased in the equivalent of hryvnias by 87.03 billion hryvnias, and in dollars by 2.93 billion dollars.
Change in Debt Structure
According to the Ministry of Finance, the trend of extending the terms of state debt and reducing its cost has been observed both in 2024 and over the past several years.
Specifically, from 2022 until December 31, 2024, the weighted average cost of Ukraine's state and guaranteed state debt decreased by 1.5 times - from 7.79% to 5.09%, while the weighted average maturity increased by 2 times - from 6.27 years to 12.26 years.
In terms of creditors, the lion's share of state and guaranteed debt consists of concessional loans received from international financial organizations (IFOs) and foreign governments - 58%, issued securities on the domestic market - 28%, issued securities on the external market - 12%, and loans from commercial banks and other financial institutions - 2%.
State Debt
It is worth noting that as of December 31, 2024, the state and guaranteed debt of Ukraine amounted to 6.980 trillion hryvnias or 166.06 billion dollars.
Throughout 2024, Ukraine's debt increased in the hryvnia equivalent by 26.5% (by 1.461 trillion hryvnias), while in the dollar equivalent, the debt rose by 14.3% (by 20.74 billion dollars). The difference is attributed to the increase in the dollar exchange rate by 10.7%.
According to preliminary calculations, the state debt of Ukraine is expected to be 87.9% of the GDP in 2024.