Ukraine’s public debt has increased by billions: what does this mean?
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In June, Ukraine’s total public debt reached $184.84 billion, an increase of $3.88 billion over the month.
This was reported by the Ministry of Finance of Ukraine.
On June 30, 2025, Ukraine’s national debt amounted to UAH 7,696.95 billion, or USD 184.84 billion.
The Ministry of Finance noted that in June 2025, the amount of Ukraine’s state and state-guaranteed debt increased by 181.73 billion hryvnias.
In particular, state and state-guaranteed external debt totals 5,775 billion hryvnias, which is 75% of the total debt.
State and state-guaranteed domestic debt amounts to UAH 1,921 billion, which is 25% of the total debt.
The increase in public debt negatively affects the country’s economy due to:
- rising debt service costs;
- increased dependence on external creditors;
- decline in investor confidence;
It was previously reported that the new tranche of financial assistance under the Ukraine Facility program will be allocated to Ukraine in a smaller amount than planned due to the failure to implement 3 of the 16 reforms promised by the EU.
It is worth noting that the National Bank has worsened the economic forecast. Inflation will decrease for longer, and the economy will recover more slowly .
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