The magazine annually hands out the title to someone who has "affected the news or our lives the most, for better, or worse".
President Volodymyr Zelenskyy and "the spirit of Ukraine" has been named Time magazine's 2022 Person of the Year.
The annual award by the US magazine's editors is given to someone who is felt to have had the most global influence during the last 12 months.
The magazine has previously said their Person of the Year is someone "who affected the news or our lives the most, for better, or worse".
44-year-old Zelenskyy has led his country through the war with Russia following Vladimir Putin's invasion of Ukraine in February.
Despite international appeals for him and his family to be evacuated to a safe location during the opening days of the invasion, Mr Zelenskyy stayed in Kyiv with his defence forces.
He said he was "not hiding" and "not afraid of anyone" as he led his nation's response.
Mr Zelenskyy was born in 1978 in Russian-speaking Kryvyi Rih, a southeastern region of what was then known as the Ukrainian Soviet Socialist Republic.
He was 12 when the Soviet Union dissolved and Ukraine gained its independence.
The former comedian and actor shocked the world when he won the 2019 presidential election with a landslide 73% of the vote in the second round over Petro Poroshenko.
I send my heartfelt congratulations to the President and his country on being the recipient of this award.