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Ukraine has a record increase in external debt

In 2020, Ukraine’s gross external debt amounted to $ 125.69 billion

Last year, the amount of the country’s debts to external creditors exceeded the indicator of the crisis of 2015.

In 2020, Ukraine’s gross external debt increased by $ 3.951 billion and reached $ 125.69 billion. At the same time, the amount of debt exceeded the level that was reached at the end of the third quarter of 2015 ($ 124.03 billion). This will be reported on the website NBU.

It is noted that relative to GDP, debt in 2020 increased from 78.6% to 83.4%.

It is also reported that during the IV quarter of 2020, the debt increased by $ 3.510 billion. The main factors of growth were the operations of the government and the real sector of the economy.

During the quarter, the external debt of the public sector increased by $ 3.0 billion and amounted to $ 54.7 billion (36.3% of GDP). At the same time, the external liabilities of the private sector increased (by $ 0.5 billion), which as of December 31, 2020 amounted to $ 71.0 billion (47.1% of GDP).

External liabilities of the general government sector in Q4 2020 increased by $ 2.8 billion to $ 47.8 billion (31.7% of GDP) as a result of government involvement in foreign markets and from international partners in the amount of $ 2.2 billion.

The external debt of the central bank in the 4th quarter of 2020 as a result of the growth of the SDR exchange rate increased by $ 155 million and amounted to $ 6.9 billion (4.6% of GDP at the end of 2020).

The volume of external liabilities of the sector of other depository corporations of Ukraine in the reporting quarter decreased from 4.0 to 3.7 billion dollars (2.4% of GDP) as a result of payments on long-term Eurobonds of banks for 0.4 billion dollars.

It was previously reported that for November 2020, the state debt of Ukraine grew by $ 1 billion… As a result, the national debt in dollar terms exceeded 84 billion, and in hryvnia – almost reached 2.4 trillion.

Amounts payments on the state debt in March amounted to almost three billion dollars… At the same time, the amount for the year will be almost 600 billion hryvnia.

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