FX.co ★ Ukraine Current Account Gap Widens in November

In November 2025, Ukraine recorded a current account deficit amounting to USD 3.5 billion, a significant increase from the USD 1.3 billion observed in the same period the previous year. This marks the largest deficit since July. The shortfall was primarily driven by an escalation in the goods deficit, which rose to USD 4.7 billion, up from USD 2.9 billion in November 2024. Additionally, the services deficit widened to USD 0.6 billion, compared to USD 0.5 billion a year prior. Meanwhile, the surplus in secondary income decreased to USD 2.1 billion from USD 2.3 billion. The primary income deficit remained relatively stable at USD 0.3 billion.