Ukraine's interest payments (current LCU) was 304.01 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 495.88% from 51.02 billion in 2014 (19.54% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 304.01 billion | 2024 |
| Five years earlier | 119.93 billion | 2019 |
| Ten years earlier | 51.02 billion | 2014 |
| Highest | 304.01 billion | 2024 |
| Lowest | 2.52 billion | 2003 |
| Average since 2015 | 152.16 billion | 2015–2024 |
| First recorded | 3.01 billion |
What the numbers say
In 2024, Ukraine's interest payments (current LCU) rose 20.5% on 2023 (from 252.19 billion to 304.01 billion).
Across the 24 yearly changes before that (2000 to 2023), the average change was +24% and a typical year strayed about 33.1% from that (the standard deviation). This year's change was 0.1 standard deviations below 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 124.2% in 2009 and the biggest yearly fall was 29.9% in 2002. 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 upward, about 20.55 billion a year. A straight line explains 77% 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.
A straight-line projection, tested first
Extending that straight line gives about 300.25 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 64.52 billion, against 85.54 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Ukraine had the 25th highest value of the 86 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.
Closest to Ukraine in the 2024 ranking
- South Africa — 21st of 86: 393.43 billion
- Armenia — 22nd of 86: 313.58 billion
- Burkina Faso — 23rd of 86: 305.62 billion
- Dominican Republic — 25th of 86: 250.73 billion
- Thailand — 26th of 86: 217.85 billion
- Czechia — 27th of 86: 104.72 billion
What this measures
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 26 values
| Year | Interest payments (current LCU) |
|---|---|
| 2024 | 304,009,600,000 |
| 2023 | 252,187,700,000 |
| 2022 | 159,722,500,000 |
| 2021 | 153,095,700,000 |
| 2020 | 120,693,400,000 |
| 2019 | 119,933,800,000 |
| 2018 | 116,297,300,000 |
| 2017 | 111,480,100,000 |
| 2016 | 97,374,400,000 |
| 2015 | 86,808,300,000 |
Interest payments (current LCU) in nearby economies
- Albania — 54.46 billion (2024)
- Armenia — 313.58 billion (2024)
- Austria — 6.94 billion (2024)
- Azerbaijan — 445.48 million (2024)
- Belarus — 3.31 billion (2024)
- Belgium — 10.62 billion (2024)
- Bosnia and Herzegovina — 488.61 million (2024)
- Bulgaria — 519.73 million (2024)
- Croatia — 1.26 billion (2023)
- Cyprus — 399.4 million (2024)
- Czechia — 104.72 billion (2024)
More public sector data for Ukraine
- Arms exports (SIPRI trend indicator values) — 120 million (2025)
- Military expenditure (current USD) — 84.11 billion (2025)
- Military expenditure (current LCU) — 3.51 trillion (2025)
- Military expenditure (% of GDP) — 39.56% (2025)
- Military expenditure (% of general government expenditure) — 62.9% (2025)
- Armed forces personnel, total — 298,000 (2020)
- Armed forces personnel (% of total labor force) — 1.43% (2020)
- Intentional homicides (per 100,000 people) — 3.78 (2021)
- Net acquisition of financial assets (current LCU) — 39.09 billion (2024)
- Net acquisition of financial assets (% of GDP)
Reading data like this
Questions people ask
- What is Ukraine's interest payments (current LCU)?
- 304.01 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1999?
- It is up 9,999% from 3.01 billion in 1999 (20.27% a year on average, compounded). The highest value was 304.01 billion in 2024 and the lowest 2.52 billion in 2003.
- How does Ukraine rank?
Source
World Bank, World Development Indicators, indicator GC.XPN.INTP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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