Ukraine's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) was US$3.61 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 11.18% from US$4.07 billion in 2014 (1.18% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$3.61 billion | 2024 |
| Five years earlier | US$4.77 billion | 2019 |
| Ten years earlier | US$4.07 billion | 2014 |
| Highest | US$14.95 billion | 2015 |
| Lowest | US$7.26 million | 1992 |
| Average since 2015 | US$5.31 billion | 2015–2024 |
| First recorded | US$7.26 million |
What the numbers say
In 2024, Ukraine's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) rose 95.4% on 2023 (from US$1.85 billion to US$3.61 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +26.5% and a typical year strayed about 81% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 2,111.9% in 1993 and the biggest yearly fall was 77.1% in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$756.21 million a year. A straight line explains 38% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Ukraine had the 28th highest value of the 120 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Ukraine | US$3.61 billion | 2024 |
| Upper middle income | US$322.86 billion | 2024 |
Closest to Ukraine in the 2024 ranking
What this measures
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 33 values
| Year | Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) |
|---|---|
| 2024 | 3,611,438,107 |
| 2023 | 1,848,579,556 |
| 2022 | 2,326,254,177 |
| 2021 | 5,065,979,352 |
| 2020 | 6,879,528,570 |
| 2019 | 4,774,164,477 |
| 2018 | 5,156,851,327 |
| 2017 | 5,046,208,667 |
| 2016 | 3,417,146,037 |
| 2015 | 14,947,842,966 |
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in nearby economies
- Albania — US$503.59 million (2024)
- Armenia — US$569.13 million (2024)
- Azerbaijan — US$3.31 billion (2024)
- Belarus — US$3.56 billion (2024)
- Bosnia and Herzegovina — US$567.79 million (2024)
- Bulgaria — US$2.25 billion (2024)
- Georgia — US$810.1 million (2024)
- Kazakhstan
More economic policy & debt data for Ukraine
- GDP (current LCU) — 8.93 trillion (2025)
- GDP per capita (current LCU) — 244,543 (2025)
- Adjusted savings, education expenditure (% of GNI) — 5.02% (2021)
- Adjusted savings, mineral depletion (current US$) — US$3.4 billion (2021)
- Adjusted savings, energy depletion (current US$) — US$1.35 billion (2021)
- Agriculture, forestry, and fishing, value added (current US$) — US$16.22 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 676.33 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 7.57% (2025)
- Industry, including construction, value added (current US$)
Reading data like this
Questions people ask
- What is Ukraine's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)?
- US$3.61 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1992?
- It is up 49,643% from US$7.26 million in 1992 (21.42% a year on average, compounded). The highest value was US$14.95 billion in 2015 and the lowest US$7.26 million in 1992.
- How does Ukraine rank?
- 28th highest of 120 economies with data for 2024.
- Is the latest change in debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) unusual for Ukraine?
- In 2024, Ukraine's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) rose 95.4% on 2023 (from US$1.85 billion to US$3.61 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +26.5% and a typical year strayed about 81% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.TDS.DPPG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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