The National Bank of Ukraine (NBU) revised Ukraine’s balance of payments data for 2024 and Q1 2025 after receiving updated information, resulting in a larger recorded current account deficit. The deficit for 2024 was revised to USD 15.9 billion from USD 13.7 billion, and the Q1 2025 deficit to USD 6.9 billion from USD 5.8 billion. Key changes include revisions to goods imports and exports for 2024 through Q1 2025 to reflect more precise volumes of postal shipments after the introduction of electronic customs clearance for postal and express items expanded coverage. Imported goods via postal shipments were revised up to USD 3.5 billion for 2024 and USD 1.6 billion for Q1 2025, compared with prior estimates of USD 228 million and USD 53 million, respectively; earlier years were not revised. Postal exports were also revised sharply higher, reaching USD 173 million in Q1 2025. Imports of travel services were reduced by USD 1.3 billion in 2024 and USD 264 million in Q1 2025 to exclude a portion of spending made with Ukrainian cards by citizens who have been abroad for more than a year. Other updates based on new reporting data included revising technical assistance for 2024 to USD 2.8 billion from USD 1.2 billion and adding reinvested earnings from other sectors of USD 222 million in Q4 2024 and USD 63 million in Q1 2025. The NBU also published a list of the main external sector statistics changes and the reasons for the adjustments in its methodological materials.

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