Fiscal Balance in Ukraine
In the decade leading up to 2022, Ukraine's fiscal balance averaged -4.3% of GDP, falling below Eastern Europe's average of -1.8% of GDP. In 2022, Ukraine's fiscal balance was -16.3% of GDP. For more fiscal balance information, visit our dedicated page.
Ukraine Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Ukraine from 2014 to 2023.
Source: Macrobond.
Ukraine Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -2.2 | -5.3 | -3.4 | -16.1 | -20.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ukrainian fiscal balance projections for the next ten years from a panel of 22 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Ukrainian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ukrainian fiscal balance projections.
Want to get access to the full dataset of Ukrainian fiscal balance forecasts? Send an email to info@focus-economics.com.