Proceedings of the International scientific and practical conference “Science in the Modern World” (January 19-21, 2026) / Publisher website: www.naukainfo.com. - Cambridge, United Kingdom, 2026. - 203 p.
69 servicing expenditures increased to 4.1% of GDP in 2024, while in the period 2019- 2022 this indicator did not exceed 3.0% of GDP, as is clearly seen from the data in Table 2. Table 2. Total amount of public debt and payments made for its servicing and repayment in 2019-2024 Indicators 2019 2020 2021 2022 2023 2024 Volume of public debt, billion UAH 1761,4 2259,2 2362,7 3715,1 5188,1 6692,5 of GDP 44,3 53,5 43,3 70,9 78,3 87,4 Payments on public debt, billion UAH, incl. 466,58 511,86 591,71 606,56 684,83 1423,31 National domestic debt 335,84 316,62 443,35 519,83 569,52 591,95 Service 74,05 76,56 99,98 117,90 199,85 209,12 Repayment 261,78 240,06 343,38 401,93 369,66 382,83 Public external debt 130,75 195,25 148,36 86,73 115,31 831,36 Service 46,34 48,79 50,65 38,95 48,52 104,02 Repayment 84,41 146,46 97,71 47,79 66,79 727,34 Public debt service expenses, % of GDP 3,0 3,0 2,8 3,0 3,7 4,1 Payments on public debt , % of GDP 11,7 12,1 10,9 11.6 10,3 18,6 Source: built by the author based on [4; 5]. The total amount of public and state-guaranteed debt of Ukraine as of the end of May 2025 reached 180.97 billion USD or 7,515.21 billion UAH. This includes both external (134.48 billion USD, or 5,584.80 billion UAH) and domestic debt (46.48 billion USD, or 1,930.41 billion UAH) [6]. Currently, the most pressing issue for the state should be the recovery and stabilization of public finances and the financial system as a whole through sustainability and a gradual reduction in the debt burden. Therefore, an effective system of managing the country's public finances in wartime and in the post-war period should reduce the debt burden on the budget not only for contemporaries, but also for future generations of Ukrainians. The Cabinet of Ministers of Ukraine at its meeting on June 25, 2025 approved a draft law on amendments to the State Budget of Ukraine for 2025, which provides for
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