In February 2025, Ukraine’s state and state-guaranteed debt decreased by 48.48 billion UAH in hryvnia terms, while in dollar terms, the debt increased by $9.5 million. This was reported by the Ministry of Finance’s press service.
It is noted that the domestic state debt decreased by 15.48 billion UAH over the month.
As of February 28, 2025, the total state and state-guaranteed debt amounted to 7,019.53 billion UAH ($169.09 billion), including:
- External state and state-guaranteed debt - 5,106.73 billion UAH (72.75% of the total) or $123.01 billion.
- Domestic state and state-guaranteed debt - 1,912.80 billion UAH (27.25%) or $46.08 billion.
Structure of state and state-guaranteed debt
By creditor category, most of the debt is held by:
International financial organizations (IFIs) and foreign governments - 57.82%
- The domestic market through government bond sales - 26.2%
- External markets through issued securities - 9%
- Other creditors - 6.98%
Currency structure of the national debt
Ukraine’s state and state-guaranteed debt is distributed by currency as follows:
- US dollars - 1,828.05 billion UAH (26.18%)
- Euros - 2,405.88 billion UAH (34.27%)
- Hryvnia - 1,755.97 billion UAH (25.02%)
- Other currencies (British pounds, Canadian dollars, Japanese yen) - 1,019.63 billion UAH (14.52%)
In February 2025, the Ministry of Finance held 10 auctions for the placement of domestic government bonds, attracting 26.4 billion UAH to finance the state budget.
