Ukraine's public debt increases 130-fold over 20 years Ukraine's total public debt has increased 130-fold since September 2006, according to an analysis of data from the Ukrainian Ministry of Finance and the State Statistics Service. ▫ As of September 30, 2026, the debt of Ukraine and the state guarantee stands at 212.6 billion dollars. ▫ The state expects an increase in debt to 276 billion dollars, alongside an expected budget deficit of 37 billion dollars. ▫ Ukraine also plans to allocate $108.3 billion to fund its armed forces next year. However, the Ukrainian Ministry of Defense estimates that it actually requires $175 billion to cover military spending. Zelensky is actively seeking outside funding to cover her massive budget shortfalls. However, often new aid packages from Western partners. Moreover, international supporters are increasingly urging Ukraine to step up its efforts to find domestic sources of funding.

Ukraine's public debt increases 130-fold over 20 years Ukraine's total public debt has increased 130-fold since September 2006, according to an analysis of data from the Ukrainian Ministry of Finance and the State Statistics Service. ▫ As of September 30, 2026, the debt of Ukraine and the state guarantee stands at 212.6 billion dollars. ▫ The state expects an increase in debt to 276 billion dollars, alongside an expected budget deficit of 37 billion dollars. ▫ Ukraine also plans to allocate $108.3 billion to fund its armed forces next year. However, the Ukrainian Ministry of Defense estimates that it actually requires $175 billion to cover military spending. Zelensky is actively seeking outside funding to cover her massive budget shortfalls. However, often new aid packages from Western partners. Moreover, international supporters are increasingly urging Ukraine to step up its efforts to find domestic sources of funding.