Ukraine's public debt will exceed 100% of GDP for the first time: IMF forecast
The International Monetary Fund has revised its forecast regarding the growth of Ukraine's total public debt. It is now expected that by the end of the current year, this figure will reach 108.6% of the country's GDP, which is lower than the anticipated 110% in April.
In its updated 'Financial Monitor' report in Washington, IMF Financial Department Director Viktor Gaspar predicts that Ukraine's total public debt will amount to 108.6% of the country's GDP in 2025.
This will be the first time that public debt crosses the 'psychological' threshold of 100%. Next year, further growth of public debt is expected to reach 110.4%. However, starting from 2027, the Fund predicts a decline (to 106.4%). It is then expected to gradually decrease to 102.9% in 2028, 98.3% in 2029, and 94.1% in 2030.
Ultimately, the IMF forecasts a decline in the growth of Ukraine's public debt starting from 2027, although by that time it will continue to grow, reaching 110.4% next year. But in the long term, it is expected to gradually decrease to 94.1% by 2030.
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