Russia recorded a Government Debt to GDP of 16.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - Russia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt of Russia stood at about ************** U.S. dollars in 2024. Between 1997 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Key information about Russia National Government Debt

• Russia National Government Debt reached 291.7 USD bn in Jan 2025, compared with 285.6 USD bn in the previous month.
• Russia National Government Debt data is updated monthly, available from May 2009 to Jan 2025.
• The data reached an all-time high of 384.2 USD bn in Jun 2022 and a record low of 86.1 USD bn in May 2009.

CEIC calculates monthly Government Debt as the sum of Public External Debt and Domestic Debt and converts it into USD. The Ministry of Finance of the Russian Federation provides Public External Debt in USD and Domestic Debt in local currency. The Bank of Russia period end market exchange rate is used for currency conversions.


Related information about Russia National Government Debt

• In the latest reports, Russia Consolidated Fiscal Balance recorded a deficit equal to 0.6 % of its Nominal GDP in Jun 2024.
• The country's Government debt accounted for 14.6 % of its Nominal GDP in Mar 2024.
• Russia Nominal GDP reached 494.7 USD bn in Mar 2023.

External Debt in Russia increased to 312.40 USD Billion in the first quarter of 2025 from 290.30 USD Billion in the fourth quarter of 2024. This dataset provides - Russia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Russia Government Debt: % of GDP

• Russia Government debt accounted for 14.6 % of the country's Nominal GDP in Mar 2024, compared with the ratio of 14.9 % in the previous quarter.
• Russia government debt to GDP ratio data is updated quarterly, available from Dec 2011 to Mar 2024.
• The data reached an all-time high of 17.8 % in Mar 2021 and a record low of 8.5 % in Mar 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. Government Debt is calculated as a sum of Domestic Government Debt and External Government Debt. The Ministry of Finance provides Government Debt in USD and local currency. The Federal State Statistics Service provides Nominal GDP in local currency. The Bank of Russia period end market exchange rate is used for currency conversions.


Related information about Russia Government Debt: % of GDP

• In the latest reports, Russia National Government Debt reached 284.6 USD bn in Apr 2024.
• The country's Nominal GDP reached 494.7 USD bn in Mar 2023.

In 2024, the ratio of national debt to gross domestic product (GDP) of Russia amounted to about 20.30 percent. Between 1997 and 2024, the figure dropped by approximately 31.22 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by around 6.91 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Russia's external debt was measured at around ****** billion U.S. dollars at the end of 2024, which was less than in the previous year. Over the observed period, the debt peaked in 2013, when residents of Russia owed nearly *** billion U.S. dollars to foreign creditors. External debt is estimated to increase in 2025, reaching ***** billion U.S. dollars.

The volume of the national debt in Russia has been increasing over the observed period. As of July 1, 2023, the national debt was close to **** trillion Russian rubles, having increased by around *** trillion Russian rubles over the past six months.

Government Debt in Russia increased to 20586.54 RUB Billion in April from 20564.50 RUB Billion in March of 2024. This dataset provides - Russia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Central government debt, total (% of GDP) for the Russian Federation (DEBTTLRUA188A) from 1998 to 2023 about Russia, debt, government, and GDP.

Key information about Russia External Debt: % of GDP

• Russia External Debt accounted for 13.4 % of the country's Nominal GDP in 2024, compared with the ratio of 15.3 % in the previous year.
• Russia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1993 to Dec 2024.
• The data reached an all-time high of 90.9 % in Dec 1999 and a record low of 13.4 % in Dec 2024.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The Bank of Russia provides External Debt in USD based on BPM6. Federal State Statistics Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Russia average market exchange rate is used for currency conversions. External Debt as % of Nominal GDP prior to 2002 is calculated from External Debt based on BPM5. External Debt as % of Nominal GDP prior to 1995 is calculated from Nominal GDP based on SNA 1993.


Related information about Russia External Debt: % of GDP

• In the latest reports of Russia, Current Account recorded a deficit of 1.3 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) fell by 1.2 USD bn in Sep 2024.
• Russia Direct Investment Abroad fell by 1.8 USD bn in Sep 2024.
• Its Foreign Portfolio Investment fell by 3.4 USD bn in Sep 2024.
• The country's External Debt reached 290,393.0 in Dec 2024.
• The country's Nominal GDP was reported at 494.7 USD bn in Mar 2023.

The external debt of Russian banks, including the Central Bank of Russia, reached approximately 100.5 billion U.S. dollars in the third quarter of 2024. The total volume of foreign debt of the country was estimated at around 288.9 billion U.S. dollars between March and December 2024.

Graph and download economic data for General government gross debt for Russia (GGGDTARUA188N) from 1997 to 2024 about Russia, gross, debt, and government.

Key information about Russia Household Debt

• Russia Household Debt reached 395.3 USD bn in Jan 2025, compared with the reported number of 382.7 USD bn in the previous month
• Russia Household Debt: USD mn data is updated monthly, available from Dec 2000 to Jan 2025
• The data reached an all-time high of 525.1 USD bn in Jun 2022 and a record low of 1.7 USD bn in Dec 2000

CEIC converts monthly Household Debt into USD. The Bank of Russia provides Household Debt in local currency based on MFSM 2016. The Bank of Russia period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to December 2014 is based on MFSM 2000.


Further information about Russia Household Debt

• In the latest reports, Russia Household Debt accounted for 20.4 % of the country's Nominal GDP in Mar 2024
• Money Supply M2 in Russia increased 1,189.6 USD bn YoY in Jan 2025
• Russia Foreign Exchange Reserves was measured at 386.4 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 14.9 Months of Import in Oct 2024
• Russia Domestic Credit reached 1,404.0 USD bn in Dec 2024, representing an increased of 19.6 % YoY

Key information about Russia External Debt

• Russia External Debt reached 290.4 USD bn in Dec 2024, compared with 309.1 USD bn in the previous quarter.
• Russia External Debt: USD mn data is updated quarterly, available from Dec 2000 to Dec 2024.
• The data reached an all-time high of 732.8 USD bn in Jun 2014 and a record low of 146.3 USD bn in Dec 2001.

CEIC extends history for quarterly External Debt. The Bank of Russia provides External Debt in USD based on BPM6. External Debt prior to Q4 2002 is based on BPM5.


Related information about Russia External Debt

• In the latest reports of Russia, Current Account recorded a deficit of 1.3 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) fell by 1.2 USD bn in Sep 2024.
• Russia Direct Investment Abroad fell by 1.8 USD bn in Sep 2024.
• Its Foreign Portfolio Investment fell by 3.4 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 494.7 USD bn in Mar 2023.

Russia: Government debt as percent of GDP: The latest value from 2022 is 17.2 percent, a decline from 17.6 percent in 2021. In comparison, the world average is 59.99 percent, based on data from 174 countries. Historically, the average for Russia from 1997 to 2022 is 27.35 percent. The minimum value, 7.44 percent, was reached in 2008 while the maximum of 135.06 percent was recorded in 1998.

Households Debt in Russia decreased to 22.10 percent of GDP in the fourth quarter of 2024 from 22.30 percent of GDP in the third quarter of 2024. This dataset provides - Russia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Russia Private Debt: % of Nominal GDP

• Russia Private Debt accounted for 56.28 % of its Nominal GDP in Dec 2023, compared with a ratio of 57.11 % in the previous quarter
• Russia Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Sep 2002 to Dec 2023, with an average share of 41.61 %
• The data reached an all-time high of 57.11 % in Sep 2023 and a record low of 15.62 % in Sep 2002

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Loans to Non Financial Institutions, Individual Entrepreneurs and Individuals. The Bank of Russia provides Private Debt in local currency. Federal State Statistics Service provides Nominal GDP in local currency based on SNA 2008. Private Debt as % of Nominal GDP prior to Q4 2011 is calculated from Private Debt based on old classification and Nominal GDP based on SNA 1993. Private Debt is calculated as the sum of Loans to Non Financial Resident Organisations and Resident Individuals.

Key information about Russia Household Debt: % of GDP

• Russia household debt accounted for 20.4 % of the country's Nominal GDP in Mar 2024, compared with the ratio of 20.6 % in the previous quarter.
• Russia household debt to GDP ratio is updated quarterly, available from Dec 2000 to Mar 2024.
• The data reached an all-time high of 20.8 % in Sep 2023 and a record low of 0.6 % in Dec 2000.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Bank of Russia provides Household Debt in local currency. Federal State Statistics Service provides Nominal GDP in local currency based on SNA 2008. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to Q4 2014 is based on MFSM 2000. Nominal GDP prior to Q4 2011 is based on SNA 1993.


Related information about Russia Household Debt: % of GDP

• In the latest reports, Russia Household Debt reached 421.8 USD bn in May 2024.
• Money Supply M2 in Russia increased 18.9 % YoY in May 2024.
• Russia Foreign Exchange Reserves was measured at 391.0 USD bn in Jun 2024.
• The Foreign Exchange Reserves equaled 17.0 Months of Import in May 2024.
• Russia Domestic Credit reached 1,409.2 USD bn in May 2024, representing an increased of 25.0 % YoY.
• The country's Non Performing Loans Ratio stood at 16.8 % in Nov 2020, compared with the ratio of 17.0 % in the previous month.

Central government debt, total (% of GDP) in Russia was reported at 18.96 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.