Ukraine - Current Account Balance





Ukraine: Current Account Balance

Mnemonic TAB.IUKR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 1619.46 %
Data 2023 Q3 -4,419
2023 Q2 -257

Series Information

Source National Bank of Ukraine
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1999
End Date 9/30/2023

Ukraine: Trade

Reference Last Previous Units Frequency
Current Account Balance 2023 Q3 -4,419 -257 Mil. USD, NSA Quarterly
Exports of Goods and Services 2022 Q4 536,937 473,609 Mil. UAH, NSA Quarterly
Imports of Goods and Services 2022 Q4 -897,796 -740,806 Mil. UAH, NSA Quarterly
Net Exports 2022 Q4 -360,859 -267,197 Mil. UAH, NSA Quarterly
Real Net Exports 2022 Q4 -275,417 -180,257 Mil. 2016 UAH, NSA Quarterly
Balance of Goods Jul 2022 -4,208,504 -2,467,759 Ths. USD, YTD, NSA Monthly
Exports of Goods Jul 2022 25,629,830 22,731,709 Ths. USD YTD, NSA Monthly
Imports of Goods Jul 2022 29,838,334 25,199,469 Ths. USD YTD, NSA Monthly

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

Balance of payments

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: As early as 2000Q1

Predecessor:

  • BPM5 - 1999 to 2015 ("_B5")

Gross external debt

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2015Q1

International investment position

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2014Q4

Global concept aliases

  • TAB.IUKR
  • Classification system: The transactions are classified according to the balance of payments standard components listed in ???6. 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 BPM6 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 (from 2014) exclude the temporarily occupied territory of the Autonomous Republic of Crimea, the city of Sevastopol and a part of the temporarily occupied territories in the Donetsk and Luhansk regions.

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.

Moody's Analytics supplements

For the current account balance, we back-extend by one year, and construct a seasonally adjusted counterpart.

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.

Concurrently with 2021Q3

Data for QI-QII'2021 were revised were revised due to changes in the reporting data.

"Direct Investment, Net incurrence of liabilities, Debt Instruments" and "Other investments, Loans, Net incurrence of liabilities, Other sectors" data for 2015-Q2 2021 were revised due to incorporation of loans between fellow enterprises.

  • Feb 2006 - Initial version.
  • Oct 2015 - Framework advanced to BPM6.
  • Jan 2018 - Addendum to BOP.
  • Apr 2022 - Addendum to BOP.
  • 8 Feb 2024, Phillip Thorne - Addendum of gross external debt: Properties, Further reading.
  • 19 Feb 2024, Phillip Thorne - Addendum of IIP: Properties, Further reading.