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Ukraine Current Account (USD)

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Ukraine Current Account (USD)

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Dec 31, 2021
Actual
-1.300B
Previous
-0.847B
Balance of payments (BOP) is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits, payments out of the country are called debits.There are three main components of a BOP: - current account - capital account - financial account Current account records the values of the following: - trade balance - exports and imports of goods and services - income payments and expenditure - interest, dividends, salaries - unilateral transfers - aid, taxes, one-way gifts It shows how a country deals with the global economy on a non-investment basis. BOP shows strengths & weaknesses in a country's economy & therefore helps to achieve balanced economic growth. Positive current account balance is when inflows from its components into the country exceed outflows of the capital leaving the country. Current account surplus may strengthen the demand for local currency. Persistent deficit may lead to a depreciation of a currency.
Importance:
Country:
Currency: UAH
Source: national Bank of Ukraine
Ukraine Current Account (USD)
 
Release Date Time Actual Forecast Previous
Feb 01, 2022 (Dec) 01:00     -1.300B
Dec 31, 2021 (Nov) 22:56 -1.300B   -0.847B
Dec 01, 2021 (Oct) 01:26 -1.260B   -1.412B
Oct 30, 2021 (Sep) 01:27 -1.412B   -0.920B
Oct 01, 2021 (Aug) 02:00 -0.826B   -0.880B
Sep 01, 2021 (Jul) 02:15 -0.880B   0.370B

Current Account (USD) Discussion

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