In the Past Six Months, the Number of Debts of Ukrainians Has Grown by Almost 15%

What debt categories have seen the fastest increase?

19 July 2021

What debt categories have seen the fastest increase?

In the first six months of 2021, over 700,000 new debts appeared in the Unified Registry of Debtors of Ukraine.

The fastest-growing categories are as follows:

  • Money recoveries—debts of individuals on loans and to companies or organizations—the number of these debts increased by 20.4% over six months (+244,000 debts)
  • Debts for utility bills—they increased by 21.2% in six months (+73,000)
  • Debts under the cases of administrative offenses—their number has grown by 19.6% (+158,000).
The main categories of money recoveries in the Unified Registry of Debtors in 2021 by increase in %
CategoryNumber of debts in JanuaryNumber of debts in JulyIncrease in %
Debt collection for utility bills34456541757721.2%
Money recovery1195026143910620.4%
Collection of penalties under cases of administrative offenses80686696497619.6%
Collection of penalties under cases of administrative offenses related to road traffic safety1117338123733910.7%
Money recovery in favor of the state1373269151078810.0%
Recovery of child-support payments1852471915033.4%
Other80985877208.3%
TOTAL5103269584900914.6%

The largest categories by number are money recovery in favor of the state (25.8% of the total number)—1,510,788 debts; debts to banks, companies, and organizations—1,439,106 debts (24.6%); fines for road traffic violations—1,237,339 debts (21.2%).

The main categories of money recoveries in the Unified Registry of Debtors in 2021 by number of debts
Money recovery in favor of the state1,510,78825.8%
Money recovery1,439,10624.6%
Collection of penalties under cases of administrative offenses related to road traffic safety1,237,33921.2%
Collection of penalties under cases of administrative offenses964,97616.5%
Debt collection for utility bills417,5777.1%
Recovery of child-support payments191,5033.3%
Other87,7201.5%

At the beginning of 2021, there were 5,103,269 debts in the Unified Registry of Debtors. In July, the number reached 5,849,009, which means that it has increased by almost 15%.

Being recorded in the Registry can inflict particular restrictions on the debtor, such as a ban on leaving the country, freezing money in bank accounts and prohibiting opening new ones, a ban on the sale or purchase of vehicles and real estate, and money recoveries from all official incomes.

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