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Ukraine's international reserves reached a record $57.3 billion: how this became possible

Обсяги міжнародних резервів України досягли нового історичного максимуму, що стало результатом зусиль у економічній політиці.

Achievements of Ukraine's international reserves in 2025

Ukraine's international reserves in 2025 reached a record level of $57.3 billion. This growth of over 30% compared to the previous year was made possible thanks to significant global financial support, which amounted to $52.4 billion. The largest portion of aid came from the European Union, which provided $32.7 billion.

Throughout 2025, Ukraine's international reserves demonstrated positive dynamics, particularly in December when reserves increased by 4.6%. The main sources of financing also included accounts of the World Bank, from which $13.2 billion was received, as well as support from Canada amounting to $3.4 billion. The International Monetary Fund provided Ukraine with $900 million, and the Council of Europe's Development Bank – $200 million. An important component of financial support was the agreement with the United Kingdom within the framework of ERA, under which the country received $2.0 billion.

Financial stability and challenges

In addition, in 2025 Ukraine attracted over $3.3 billion through issuing foreign currency bonds of domestic government loan (OVDP). At the same time, payments for servicing and repayment of state debt in foreign currency amounted to $6.8 billion, of which $3.2 billion was paid to the International Monetary Fund. The net interventions of the National Bank of Ukraine from currency sales in 2025 reached $36.2 billion. In November 2025, the volume of international reserves amounted to $49,516.3 million, which indicates the stability of the country's financial system.

The growth of Ukraine's international reserves in 2025 was an important achievement that marks the strengthening of economic stability and the country's ability to ensure its financial security.

This record level of international reserves has a significant impact on Ukraine's financial stability, which is especially important in the context of economic challenges.

Source: Economic Review 2025

The attracted international aid indicates support for Ukraine from international partners, which may contribute to further economic reconstruction and growth. Strengthening reserves also provides the country with greater financial flexibility in the event of external shocks or crises.