Ukraine's Finance Ministry says the country's public and government-guaranteed debt, estimated in the hryvnia, Ukraine's national currency, grew by 0.2% to UAH 2,345 trillion (US$82.7 billion) in September 2020, while that in the U.S. dollar equivalent shrank by 2.7% to US$82.89 billion.
"In September 2020, the public and government-guaranteed debt in hryvnia equivalent increased by UAH 4.55 billion [US$160.6 million], while declining by US$2.31 billion in the U.S. dollar equivalent," the ministry said on its website.
Read alsoExperts predict weaker hryvnia in 2021As of September 30, 2020, the public external debt amounted to UAH 1.187 trillion, or US$41.95 billion (50.62% of the total).
The public internal debt was UAH 878.25 billion, or US$31.03 billion (37.44% of the total).
Government-guaranteed debt
Ukraine's government-guaranteed debt stood at UAH 280.12 billion, or US$9.90 billion (11.94% of the total public and government-guaranteed debt), including: government-guaranteed external debt at UAH 255.88 billion, or US$9.04 billion (10.91%) and government-guaranteed internal debt at UAH 24.24 billion, or US$860 million (1.03% of the total).
Ukraine's public debt: Developments
- The country's public and government-guaranteed debt estimated in the hryvnia was down by 2.7% to UAH 2,196 trillion (US$77.5 billion) in April 2020, while that in the U.S. dollar equivalent rose by 1.3% to US$81.4 billion.
- The public and government-guaranteed debt estimated in the national currency grew by 0.59% to UAH 2,209 trillion (US$77.9 billion) in May 2020, while that in the U.S. dollar equivalent was up by 0.83% to US$82.12 billion.
- The debt estimated in the hryvnia increased by 3.8% to UAH 2,355 trillion (US$83.1 billion) in July 2020, slightly growing in the U.S. dollar equivalent, i.e. by 0.4% to US$85.05 billion.
- The country's public and government-guaranteed debt, estimated in the hryvnia shrank by 0.7% to UAH 2,338 trillion (US$82.5 billion) in August 2020, while that in the U.S. dollar equivalent rose by 0.6% to US$85.10 billion.
- The national budget for 2020 foresees UAH 423 billion, or US$14.9 billion, to repay state debt.
- Ukraine's state and government-guaranteed debt in 2019 increased in dollar terms by US$6.05 billion, or 7.7%, to US$84.36 billion.
- Public debt in the hryvnia equivalent shrank by UAH 170.17 billion (US$6 billion), or 7.8%, in the past year, to UAH 1.998 trillion (US$70.5 billion).
- The debt-to-GDP ratio as of January 1, 2020, stood at 50%.