Tax revenues from Ukraine’s tourism sector in the first quarter of 2025 exceeded pre-war figures by 27%, according to updated statistics from the State Agency for Tourism Development. During this period, the state budget received nearly 799 million hryvnias from tourism, which is 30% more than the same time in 2024 (616 million UAH), and almost double the amount from the first quarter of 2023 (383 million UAH).
This is reported by Business • Media
Increase in Tax Rates and Number of Taxpayers
Among the main factors contributing to the growth in tax revenues in 2025, experts cite the increase in tax rates as well as the expansion of the taxpayer base in the tourism sector. This year, the industry has 12,757 taxpayers, which is 7% more compared to last year. However, the number of taxpayers has not yet reached pre-war levels: in 2022, there were 15,142, and in 2021, over 16,000.
Rising Costs of Services and Impact of Domestic Factors
The rise in prices for hotel and tourism services, driven by inflationary processes and increased operational costs, has also contributed to the growth in tax revenues. In recent years, the average cost of tourism services has increased by 20–40%. The activation of domestic tourism, business relocation, and the movement of citizens within the country have significantly influenced the situation, increasing demand for housing and hotel services.
“This year’s tax revenues have already exceeded pre-war figures from 2021 by 27% (₴629 million in the first quarter).”