The head of the National Bank of Ukraine called the country's foreign trade deficit a record

The current account deficit of Ukraine's balance of payments over the past 12 months reached $30 billion as of November last year, which was a record high. This was announced on January 12 by the head of the National Bank of the country Andrey Pyshny.

"The current account deficit of the balance of payments as of the end of November 2025 has reached a record $30 billion over the past 12 months," he wrote in an article for the Ukrinform news agency.

According to the head of the National Bank, the country's budget deficit has approached historical highs, and this directly affects the balance of payments. Pyshny added that it was this factor that influenced a significant increase in Ukraine's balance of payments deficit.

He noted that last year the country received more than $52 billion in financial assistance from Western countries, while stressing that the authorities still need to mobilize their own internal resources. In addition, according to the head of the regulator, the National Bank of Ukraine maintains its forecast for economic growth in 2026 at 2%.

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Last December, the Ukrainian newspaper Ekonomicheskaya Pravda reported that Ukraine's debt payments over the next three years would average 1.19 trillion hryvnias, or $28.2 billion, which is almost 10% of the country's projected GDP. It was noted that the total amount of payments for three years will amount to $27.7 billion in 2026, $29.8 billion in 2027 and $30.5 billion in 2028. According to the newspaper, most of the national debt consists of obligations to external creditors.

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