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TOOL · GROSS COST

How much would a basic income cost in Ukraine?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 32,338,724child population 5,394,112year 2023World Bank WDI

GROSS ANNUAL COST

336,343 million

in UAHUAH 336,343,488,000

Equal to 5.1% of reference GDP

Population covered: 37,732,836 people

Adults: 32,338,724 × UAH 800 × 12 = UAH 310,451,750,400

Children: 5,394,112 × UAH 400 × 12 = UAH 25,891,737,600

UAH 310,451,750,400 + UAH 25,891,737,600 = UAH 336,343,488,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $181,221,517,869 · World Bank WDI

Currency UAH · exchange rate 36.5738 UAH/USD (2023)

Converted cost $9,196,293,887 for the GDP share.