The National Bank of Ukraine has revised some balance of payments indicators for 2022–2025. These revisions follow improvements in the methodology for recording services, an expanded information base, and the receipt of new reporting data.
Starting from 2022, balance of payments statistics now include the imports of digital services provided by non-residents to individuals in Ukraine. This data is based on State Tax Service of Ukraine records regarding service volumes and VAT payables by non-resident digital service providers.
Access to this additional information has allowed for broader coverage of individual transactions, ensuring a more comprehensive reflection of imports of services – particularly in categories such as computer, advertising, and audiovisual services.
Furthermore, the revision incorporates updated 2022–2024 data from the State Statistics Service. This follows the reinstatement of mandatory statistical reporting for respondents, which has improved the accuracy of data concerning exports and imports of services, as well as foreign direct investment (FDI) transactions and income.
As a result of these revisions, the current account deficit was increased by USD 1.1 billion in 2022, by USD 1.4 billion in 2023, by USD 1.7 billion in 2024, and by USD 2.2 billion in 2025.
A list of the main changes to external sector statistics, along with the reasons for data adjustments, is available on the NBU’s official website under the Statistics / External Sector Statistics / Methodological Materials section at the following link.