Ukraine - Current Account Balance





Ukraine: Current Account Balance

Mnemonic TAB.IUKR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 235.95 %
Data 2019 Q2 -514
2019 Q1 -153

Series Information

Source National Bank of Ukraine
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1999
End Date 6/30/2019

Ukraine: Trade

Reference Last Previous Units Frequency
Balance of Goods Sep 2019 -7,098,778 -5,842,727 Ths. USD, YTD, NSA Monthly
Exports of Goods Sep 2019 37,092,560 33,030,361 Ths. USD YTD, NSA Monthly
Imports of Goods Sep 2019 44,191,338 38,873,089 Ths. USD YTD, NSA Monthly
Current Account Balance 2019 Q2 -514 -153 Mil. USD, NSA Quarterly
Exports of Goods and Services 2019 Q2 412,053 411,810 Mil. UAH, NSA Quarterly
Imports of Goods and Services 2019 Q2 -483,881 -455,819 Mil. UAH, NSA Quarterly
Net Exports 2019 Q2 -71,828 -44,009 Mil. UAH, NSA Quarterly
Real Net Exports 2019 Q2 -36,960 -38,723 Mil. 2010 UAH, NSA Quarterly

Release Information

The balance of payments is a statistical statement that systematically summarizes, for a quarter, the economic transactions of residents of Ukraine with the rest of the world. The main BOP components are grouped in two accounts, namely (1) the current account and (2) the capital and financial account. In 2013, publication of the balance of payments data was launched according to the requirements of the sixth edition of the Balance of Payments and International Investment Position Manual (IMF, 2009) (hereafter - BPM6).

 

The current account consists of the following components:

  • Goods (at f.o.b. prices) and services
  • Primary income
  • Secondary income

The capital account includes the following:

  • Gross acquisitions/disposals of nonproduced nonfinancial assets
  • Capital transfers

The financial account consists of four components:

  • Direct investment
  • Portfolio investment
  • Other investment
  • Reserve assets
  • Classification system: The transactions are classified according to the balance of payments standard components listed in ВРМ6. The source is undergoing a methodology change from BPM5 to BPM6, as a result both formats will be published by the source until the transition is over.
  • Sector breakdown: Standard components, the balance of payments data are presented under the following sectors: monetary authorities, general government, banks and other sectors. The other sectors include non-financial corporations, nonprofit institutions serving households (NPISH), households, and other financial corporations (except for the banks). According to the ВРМ6 standard components Monetary Authorities were changed to Central Bank, and Banks sector – to Deposit Corporations (except for central bank).
  • External liabilities: including the government-guaranteed loans companies are attributes to the sector borrower.
  • Geographic Coverage: The BOP of Ukraine excludes temporarily occupied territories, the Autonomous Republic of Crimea and the city of Sevastopol from 2014.

All source data used for compilation of the balance of payments debt statistics are assessed by primary source for consistency to methodology of compilation and classification of the balance of payments. Data from alternative sources are compared; the reasons for discrepancies are being analyzed. When some methodological and/or technical errors in bank reports occur, experts of the National Bank of Ukraine inform respondents on those errors for further errors recovery. Information from other official sources is used only in the part in which it is consistent with the concept and methodology of the balance of payments statistics.

The quarterly data are revised every quarter to take account of changes in the reporting data, changes in methodology, the introduction of new data sources, etc. The annual data are considered to be final nine months after the referenced period.