Moldova vs Ukraine

Moldova vs Ukraine: Government debt

Government debt in 2025: 39.2% of GDP in Moldova and 107.1% of GDP in Ukraine, by IMF estimates. In 2025 the value was higher in Ukraine, by 67.9 percentage points, or 2.73 times that in Moldova.

% of GDP · IMF

Moldova vs Ukraine: Government debtGovernment debt in 2025: 39.2% of GDP in Moldova and 107.1% of GDP in Ukraine, by IMF estimates. In 2025 the value was higher in Ukraine, by 67.9 percentage points, or 2.73 times that in Moldova.
MoldovaUkraineIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Ukraine has been higher since 2009, when it overtook Moldova.
  • In 2025, Moldova ranked 109 and Ukraine ranked 11 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Moldova at 49.2% of GDP and Ukraine at 97.2% of GDP in 2031.

Every year

% of GDP · IMF

YearMoldovaUkraine
202539.2107.1
202438.889.7
20233581.2
20223577.7
202133.648.9
202036.660.5
201928.850.5
201831.860.4
201734.971.6
201639.779.5
201542.179.3
201435.470.3
20133039
201231.336.1
201124.235.5
201025.539.1
200932.634.1
200822.219.7
200728.311.8
20063514.3
200540.417.1
200449.323.9
200368.128.3
200280.332.3
200185.435.3
200089.143.7
1999150.761
1998159.448.1
199789.129.9
199687.5–
199579.5–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMoldovaUkraine
202641.8111.8
202743.6110.3
202846.1109.6
202947.7107.3
203048.6102.1
203149.297.2

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Moldova vs Ukraine

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