Skip to content

Economy of Afghanistan vs Ukraine compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $191B for Ukraine, ranking 137/197 and 57/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $171B (110% of GDP) in Ukraine.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Ukraine
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Ukraine
Current $ Constant $ Current $ Constant $
1987 - - $64,087,694,038 $161,845,930,096
1988 - - $74,703,517,903 $165,999,646,445
1989 - - $82,709,161,099 $172,428,984,083
1990 - - $81,393,558,423 $161,487,959,613
1991 - - $77,350,733,982 $147,438,507,127
1992 - - $73,945,908,384 $132,842,094,919
1993 - - $65,648,559,903 $113,978,517,441
1994 - - $52,549,580,265 $87,877,436,948
1995 - - $48,213,856,469 $77,156,389,640
1996 - - $44,558,831,005 $69,440,750,676
1997 - - $50,151,531,592 $67,357,528,157
1998 - - $41,882,523,345 $66,077,735,120
1999 - - $31,580,639,554 $65,945,579,650
2000 $3,521,418,060 $6,206,547,590 $32,375,083,935 $69,836,368,849
2001 $2,813,571,754 $5,621,147,631 $39,309,580,983 $75,981,969,311
2002 $3,825,701,439 $7,228,795,919 $43,956,163,612 $80,039,138,413
2003 $4,520,946,819 $7,867,263,256 $52,010,355,753 $87,656,150,954
2004 $5,224,896,719 $7,978,515,642 $67,220,154,164 $97,995,502,972
2005 $6,203,256,539 $8,874,480,196 $89,238,865,119 $101,005,170,643
2006 $6,971,758,282 $9,349,921,886 $111,884,752,475 $108,652,697,105
2007 $9,747,886,187 $10,642,671,963 $148,733,861,386 $117,579,433,691
2008 $10,109,297,048 $11,060,395,116 $188,110,390,660 $120,217,318,405
2009 $12,416,152,732 $13,426,272,073 $121,552,153,444 $102,020,662,582
2010 $15,856,668,556 $15,354,612,542 $141,209,170,427 $106,195,352,550
2011 $17,805,098,206 $15,420,077,666 $169,333,835,202 $111,977,987,704
2012 $19,907,329,778 $17,386,490,239 $182,591,753,828 $112,148,546,939
2013 $20,146,416,758 $18,360,263,163 $190,498,811,460 $112,199,506,223
2014 $20,497,128,556 $18,860,496,494 $133,503,871,862 $100,891,035,819
2015 $19,134,221,645 $19,134,221,645 $91,030,967,789 $91,030,967,789
2016 $18,116,572,395 $19,566,715,174 $93,355,869,404 $93,253,017,277
2017 $18,753,456,498 $20,084,646,751 $112,090,505,082 $95,453,762,636
2018 $18,053,222,687 $20,323,499,020 $130,891,088,294 $98,783,535,744
2019 $18,799,444,490 $21,118,473,702 $153,883,047,510 $101,944,118,787
2020 $19,955,929,052 $20,621,957,125 $156,617,722,013 $98,118,341,608
2021 $14,259,995,441 $16,345,202,563 $199,765,859,571 $101,499,127,458
2022 $14,497,243,872 $15,325,233,810 $161,989,520,721 $72,309,415,410
2023 $17,152,234,637 $15,672,648,238 $181,221,517,869 $76,311,548,882
2024 - - $190,741,263,732 $78,535,131,746

Economic indicators

Afghanistan Ukraine
Gross domestic product
$17.2B
2023
$191B
2024
GDP rank
137/197
2023
57/197
2024
GDP growth
18.3%
2022-2023
5.25%
2023-2024
GDP per capita
$414
2023
$5,038
2024
GDP per capita rank
196/197
2023
118/197
2024
GDP per capita, PPP
$2,202
2023
$18,550
2024
Government debt
$1.42B
2023
$171B
2024
Debt-to-GDP ratio
8.25%
2023
110%
2025
Government debt per person
$34.2
2023
$4,526
2024
Government debt per person rank
185/185
2023
85/185
2024
Average annual personal income after taxes
$1,632
2025
$5,178
2025
Market capitalization of domestic companies n/a
$4.42B
2018
Number of billionaires n/a
7
2025
Income share by richest 10% n/a
21.7%
2020
Income share by poorest 10% n/a
4.3%
2020
Government expenditure, % of GDP
17%
2023
58%
2025
Consumer prices inflation
-4.3%
2023-2024
12.6%
2024-2025
Central bank interest rate
6%
2021
15.5%
2025
Unemployment rate
5.68%
2021
9.83%
2021
Population
44810409
39426577

GDP per capita in Afghanistan vs Ukraine

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $5,038 in Ukraine, ranking 118/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Ukraine ranks 99th at $18,550.

Afghanistan
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1987 - - $1,244 -
1988 - - $1,444 -
1989 - - $1,593 -
1990 - - $1,564 $7,591
1991 - - $1,483 $7,148
1992 - - $1,413 $6,568
1993 - - $1,254 $5,766
1994 - - $1,009 $4,565
1995 - - $933 $4,124
1996 - - $870 $3,812
1997 - - $987 $3,794
1998 - - $831 $3,794
1999 - - $632 $3,871
2000 $174.9 $814 $653 $4,228
2001 $138.7 $748 $800 $4,747
2002 $179 $927 $903 $5,123
2003 $198.9 $967 $1,076 $5,764
2004 $221.8 $972 $1,401 $6,663
2005 $254.2 $1,076 $1,875 $7,142
2006 $274.2 $1,122 $2,366 $7,971
2007 $376 $1,287 $3,160 $8,900
2008 $382 $1,334 $4,018 $9,324
2009 $452 $1,571 $2,607 $7,995
2010 $561 $1,766 $3,040 $8,453
2011 $607 $1,744 $3,657 $9,127
2012 $651 $1,988 $3,951 $9,552
2013 $637 $2,133 $4,130 $10,904
2014 $625 $2,224 $2,904 $10,494
2015 $566 $2,284 $1,988 $9,922
2016 $522 $2,213 $2,047 $10,865
2017 $525 $2,336 $2,467 $11,536
2018 $491 $2,432 $2,895 $12,555
2019 $497 $2,583 $3,423 $14,217
2020 $511 $2,562 $3,505 $15,541
2021 $356 $2,144 $4,510 $17,846
2022 $357 $2,123 $3,946 $14,770
2023 $414 $2,202 $4,803 $17,665
2024 - - $5,038 $18,550

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Ukraine's spent $136B, or 58% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 110% in Ukraine, ranking 181/185 and 15/185, respectively.

Afghanistan
Government spending

Government debt
Ukraine
Government spending

Government debt
Year % of GDP
Afghanistan Ukraine
Government spending Government debt Government spending Government debt
1995 - - 41.3% 30.2%
1996 - - 36.9% 24.4%
1997 - - 40.8% 28.9%
1998 - - 37.1% 46.5%
1999 - - 25.8% 59%
2000 - - 35.5% 43.8%
2001 - - 36.7% 36.7%
2002 6.94% 346% 37.9% 33.6%
2003 11.9% 270.6% 38.9% 29.4%
2004 15.1% 245% 41.6% 24.8%
2005 15.7% 206.4% 44.2% 17.7%
2006 18.3% 23% 44.6% 14.8%
2007 21.4% 20.1% 43.7% 12.3%
2008 20.9% 19.1% 47.1% 20.4%
2009 21.2% 16.2% 48.6% 35.4%
2010 20.8% 7.7% 49.2% 40.6%
2011 21.9% 7.5% 45.7% 36.9%
2012 25% 6.76% 49% 37.5%
2013 25% 6.9% 48.1% 40.5%
2014 25.4% 8.7% 44.8% 70.3%
2015 25.9% 9.15% 43% 79.3%
2016 28% 8.44% 40.8% 79.5%
2017 27.7% 8% 41.7% 71.6%
2018 28.9% 7.38% 41.9% 60.4%
2019 28% 6.14% 41.5% 50.5%
2020 27.9% 7.33% 45.6% 60.5%
2021 17.9% 11.1% 40.5% 48.9%
2022 16.1% 10.6% 65.4% 77.7%
2023 17% 8.25% 74.4% 82.3%
2024 - - 71.4% 89.8%
2025 - - 58% 110%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Ukraine's deficit of -$35.5B, or -19.6% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Ukraine ran a deficit in 22 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -4.52% of GDP for Ukraine.

Deficit/surplus
Afghanistan

Ukraine
Year Deficit/surplus, % of GDP
Afghanistan Ukraine
1995 - -4.72%
1996 - -3.09%
1997 - -5.37%
1998 - -2.69%
1999 - 4.95%
2000 - -3.19%
2001 - -3.03%
2002 -0.1% -1.84%
2003 -2.1% -0.89%
2004 -2.39% -4.41%
2005 -0.92% -2.28%
2006 0.68% -1.36%
2007 -2.46% -1.97%
2008 -3.86% -3.14%
2009 -1.76% -6.27%
2010 0.93% -5.77%
2011 -0.67% -2.76%
2012 0.18% -4.31%
2013 -0.63% -4.78%
2014 -1.72% -4.46%
2015 -1.38% -1.16%
2016 0.13% -2.46%
2017 -0.67% -2.36%
2018 1.63% -2.12%
2019 -1.06% -2.08%
2020 -2.24% -5.92%
2021 -0.48% -3.97%
2022 -1% -15.6%
2023 -1.36% -19.6%
2024 - -17.2%
2025 - -18.8%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 12.2% in Ukraine. In 2024, inflation was -4.3% in Afghanistan and 12.6% in Ukraine.

Inflation
Afghanistan

Ukraine
Year Inflation
Afghanistan Ukraine Afghanistan Ukraine
1996 - 80.2%
1997 - 15.9%
1998 - 10.6%
1999 - 22.7%
2000 - 28.2%
2001 - 12%
2002 - 0.8%
2003 35.7% 5.2%
2004 16.4% 9%
2005 10.6% 13.5%
2006 6.8% 9.1%
2007 8.7% 12.8%
2008 26.4% 25.2%
2009 -6.8% 15.9%
2010 2.2% 9.4%
2011 11.8% 8%
2012 6.4% 0.6%
2013 7.4% -0.3%
2014 4.7% 12.1%
2015 -0.7% 48.7%
2016 4.4% 13.9%
2017 5% 14.4%
2018 0.6% 10.9%
2019 2.3% 7.9%
2020 5.6% 2.7%
2021 7.8% 9.4%
2022 10.6% 20.2%
2023 -7.7% 12.9%
2024 -4.3% 6.5%
2025 - 12.6%

Top exports between countries

Afghanistan
Export category Export value
Raw agricultural goods $101K
Ukraine
Export category Export value
Processed food, beverages & tobacco $964K
Machinery & equipment $811K
Raw materials & minerals $605K
Textiles & consumer goods $415K
Chemicals & pharma $135K
Animal & marine products $93K
Wood & paper products $56K
Metals $6K

Balance of trade

Afghanistan Ukraine
Current account balance
-$3.14B
2020
-$15.9B
2024
Current account balance ranking
157/189
2020
179/189
2024
Current account balance, % of GDP
-15.7%
2020
-8.35%
2024
Goods imports
$5.88B
2020
$72.7B
2024
Goods exports
$777M
2020
$38.9B
2024
Service imports
$1.11B
2020
$22.8B
2024
Service exports
$700M
2020
$17.2B
2024
Imports of goods and services, % of GDP
50.7%
2023
48.3%
2024
Exports of goods and services, % of GDP
16.9%
2023
29.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Ukraine
Economic freedom 53 54.1
Economic freedom ranking 142/197 138/197
Property rights 7.4 21.5
Government integrity 14.1 35.4
Judicial effectiveness 2.7 29.9
Tax burden 91.1 89.1
Government spending 76.1 44.5
Fiscal health 99.9 73.6
Business freedom 34.6 61.1
Labor freedom 45.1 60.7
Monetary freedom 80.8 71.2
Trade freedom 68.6 73.2
Investment freedom 10 35
Financial freedom 10 30

Economic freedom by year comparison

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 54.1 for Ukraine, ranking 138/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Afghanistan
Ukraine
Year Economic freedom index
Afghanistan Ukraine
1995 - 39.9
1996 - 40.6
1997 - 43.5
1998 - 40.4
1999 - 43.7
2000 - 47.8
2001 - 48.5
2002 - 48.2
2003 - 51.1
2004 - 53.7
2005 - 55.8
2006 - 54.4
2007 - 51.5
2008 - 51
2009 - 48.8
2010 - 46.4
2011 - 45.8
2012 - 46.1
2013 - 46.3
2014 - 49.3
2015 - 46.9
2016 - 46.8
2017 48.9 48.1
2018 51.3 51.9
2019 51.5 52.3
2020 54.7 54.9
2021 53 56.2
2022 - 54.1

More economic indicators

Afghanistan Ukraine
Services, % of GDP
46.4%
2023
60.6%
2024
Industry, % of GDP
13.4%
2023
19%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
7.11%
2024
GNI, Atlas method
$15.5B
2023
$185B
2024
GNI per capita, PPP
$2,210
2023
$18,580
2024
Total reserves including gold
$9.75B
2020
$43.8B
2024
Total reserves ranking
78/177
2020
46/177
2024
Net foreign direct investment
$24.3M
2020
-$3.71B
2024
Net inflows of foreign direct investment
$20.6M
2021
$4.02B
2024
Net outflows of foreign direct investment
$30.8M
2021
$305M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
4.2%
2023
Poverty at national poverty lines
47.1%
2019
23.2%
2020
Gross capital formation, % of GDP
15.3%
2023
18.6%
2024

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs Afghanistan vs Ukraine
Albania Compare Compare
Algeria Compare Compare
Andorra Compare Compare
Angola Compare Compare
Antigua Compare Compare
Argentina Compare Compare
Armenia Compare Compare
Australia Compare Compare
Austria Compare Compare
Azerbaijan Compare Compare
Bahamas Compare Compare
Bahrain Compare Compare
Bangladesh Compare Compare
Barbados Compare Compare
Belarus Compare Compare
Belgium Compare Compare
Belize Compare Compare
Benin Compare Compare
Bhutan Compare Compare
Bolivia Compare Compare
Bosnia Compare Compare
Botswana Compare Compare
Brazil Compare Compare
Brunei Compare Compare
Bulgaria Compare Compare
Burkina Faso Compare Compare
Burundi Compare Compare
Cambodia Compare Compare
Cameroon Compare Compare
Canada Compare Compare
Cape Verde Compare Compare
Cayman Islands Compare Compare
CAR Compare Compare
Chad Compare Compare
Chile Compare Compare
China Compare Compare
Colombia Compare Compare
Comoros Compare Compare
Congo Compare Compare
Costa Rica Compare Compare
Croatia Compare Compare
Cuba Compare Compare
Curacao Compare Compare
Cyprus Compare Compare
Czech Republic Compare Compare
DR Congo Compare Compare
Denmark Compare Compare
Djibouti Compare Compare
Dominica Compare Compare
Dominican Republic Compare Compare
East Timor Compare Compare
Ecuador Compare Compare
Egypt Compare Compare
El Salvador Compare Compare
Equatorial Guinea Compare Compare
Eritrea Compare Compare
Estonia Compare Compare
Eswatini Compare Compare
Ethiopia Compare Compare
Fiji Compare Compare
Finland Compare Compare
France Compare Compare
Gabon Compare Compare
Gambia Compare Compare
Georgia Compare Compare
Germany Compare Compare
Ghana Compare Compare
Greece Compare Compare
Grenada Compare Compare
Guatemala Compare Compare
Guinea Compare Compare
Guinea-Bissau Compare Compare
Guyana Compare Compare
Haiti Compare Compare
Honduras Compare Compare
Hungary Compare Compare
Iceland Compare Compare
India Compare Compare
Indonesia Compare Compare
Iran Compare Compare
Iraq Compare Compare
Ireland Compare Compare
Israel Compare Compare
Italy Compare Compare
Ivory Coast Compare Compare
Jamaica Compare Compare
Japan Compare Compare
Jordan Compare Compare
Kazakhstan Compare Compare
Kenya Compare Compare
Kiribati Compare Compare
Kuwait Compare Compare
Kyrgyzstan Compare Compare
Laos Compare Compare
Latvia Compare Compare
Lebanon Compare Compare
Lesotho Compare Compare
Liberia Compare Compare
Libya Compare Compare
Liechtenstein Compare Compare
Lithuania Compare Compare
Luxembourg Compare Compare
Madagascar Compare Compare
Malawi Compare Compare
Malaysia Compare Compare
Maldives Compare Compare
Mali Compare Compare
Malta Compare Compare
Marshall Islands Compare Compare
Mauritania Compare Compare
Mauritius Compare Compare
Mexico Compare Compare
Moldova Compare Compare
Monaco Compare Compare
Mongolia Compare Compare
Montenegro Compare Compare
Morocco Compare Compare
Mozambique Compare Compare
Myanmar Compare Compare
Namibia Compare Compare
Nauru Compare Compare
Nepal Compare Compare
Netherlands Compare Compare
New Zealand Compare Compare
Nicaragua Compare Compare
Niger Compare Compare
Nigeria Compare Compare
North Korea Compare Compare
North Macedonia Compare Compare
Norway Compare Compare
Oman Compare Compare
Pakistan Compare Compare
Palau Compare Compare
Palestine Compare Compare
Panama Compare Compare
Papua New Guinea Compare Compare
Paraguay Compare Compare
Peru Compare Compare
Philippines Compare Compare
Poland Compare Compare
Portugal Compare Compare
Qatar Compare Compare
Romania Compare Compare
Russia Compare Compare
Rwanda Compare Compare
Saint Kitts Compare Compare
Saint Lucia Compare Compare
Saint Vincent Compare Compare
Samoa Compare Compare
San Marino Compare Compare
Sao Tome Compare Compare
Saudi Arabia Compare Compare
Senegal Compare Compare
Serbia Compare Compare
Seychelles Compare Compare
Sierra Leone Compare Compare
Singapore Compare Compare
Slovakia Compare Compare
Slovenia Compare Compare
Solomon Islands Compare Compare
Somalia Compare Compare
South Africa Compare Compare
South Korea Compare Compare
South Sudan Compare Compare
Spain Compare Compare
Sri Lanka Compare Compare
Sudan Compare Compare
Suriname Compare Compare
Sweden Compare Compare
Switzerland Compare Compare
Syria Compare Compare
Taiwan Compare Compare
Tajikistan Compare Compare
Tanzania Compare Compare
Thailand Compare Compare
Togo Compare Compare
Tonga Compare Compare
Trinidad Compare Compare
Tunisia Compare Compare
Turkey Compare Compare
Turkmenistan Compare Compare
Tuvalu Compare Compare
Uganda Compare Compare
UAE Compare Compare
United Kingdom Compare Compare
United States Compare Compare
Uruguay Compare Compare
Uzbekistan Compare Compare
Vanuatu Compare Compare
Vatican Compare Compare
Venezuela Compare Compare
Vietnam Compare Compare
Yemen Compare Compare
Zambia Compare Compare
Zimbabwe Compare Compare

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.