Ukraine's external balance on goods and services (% of GDP) was -26.51% in 2025, the latest year in the World Bank's World Development Indicators. That is down 23.9 percentage points from -2.61% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -26.51% | 2025 |
| Five years earlier | -1.51% | 2020 |
| Ten years earlier | -2.61% | 2015 |
| Highest | 7.41% | 2004 |
| Lowest | -26.51% | 2025 |
| Average since 2016 | -11.86% | 2016–2025 |
| First recorded | -0.07% | 1989 |
What the numbers say
In 2025, Ukraine's external balance on goods and services (% of GDP) fell 6.17 percentage points on 2024 (from -20.34% to -26.51%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.57 percentage points and a typical year strayed about 4.38 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 7.73 percentage points in 1999 and the biggest yearly fall was 15.19 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 2.12 percentage points a year. A straight line explains 55% 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 2025, Ukraine had the 128th highest value of the 137 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 | -26.51% | 2025 |
| World | 0.98% | 2025 |
| Europe & Central Asia | 2.7% | 2025 |
| Upper middle income | 2.12% | 2025 |
Closest to Ukraine in the 2025 ranking
- El Salvador — 124th of 137: -24.06%
- Nepal — 125th of 137: -24.9%
- Montenegro — 126th of 137: -25.65%
- Moldova — 128th of 137: -29.16%
- Kosovo — 129th of 137: -30.29%
- West Bank and Gaza — 130th of 137: -32.3%
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 37 values
| Year | External balance on goods and services (% of GDP) |
|---|---|
| 2025 | -26.51 |
| 2024 | -20.34 |
| 2023 | -20.91 |
| 2022 | -16.51 |
| 2021 | -1.32 |
| 2020 | -1.51 |
| 2019 | -8.05 |
| 2018 | -8.73 |
| 2017 | -7.79 |
| 2016 | -6.92 |
| 2015 |
External balance on goods and services (% of GDP) in nearby economies
- Albania — -5.5% (2025)
- Armenia — -5.51% (2025)
- Austria — 2.38% (2025)
- Azerbaijan — 6.21% (2025)
- Belarus — -1.95% (2025)
- Belgium — -2.02% (2025)
- Bosnia and Herzegovina — -13.12% (2025)
- Bulgaria — -1.04% (2025)
- Croatia — -5.04% (2025)
- Cyprus
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 external balance on goods and services (% of GDP)?
- -26.51% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1989?
- It is down 26.45 percentage points from -0.07% in 1989. The highest value was 7.41% in 2004 and the lowest -26.51% in 2025.
- How does Ukraine rank?
- 128th highest of 137 economies with data for 2025.
- Is the latest change in external balance on goods and services (% of GDP) unusual for Ukraine?
- In 2025, Ukraine's external balance on goods and services (% of GDP) fell 6.17 percentage points on 2024 (from -20.34% to -26.51%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.57 percentage points and a typical year strayed about 4.38 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.RSB.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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