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.

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.

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.

Key information about Russia External Debt: Short Term: % of GDP

• Russia External Debt: Short Term accounted for 4.4 % of the country's Nominal GDP in 2023, compared with the ratio of 3.2 % in the previous year.
• Russia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2001 to 2023.
• The data reached an all-time high of 10.0 % in 2001 and a record low of 3.1 % in 2014.

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


Related information about Russia External Debt: Short Term: % 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.
• Russia External Debt: Short Term value stood at 109.2 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 494.7 USD bn in Mar 2023.

In 2023, Russia's external debt accounted for ** percent of its gross domestic product (GDP). The ratio marked a decrease compared to the previous year, when it stood at ** percent. The share of external debt of Russia in the GDP amounted to ** percent in 2016, which was the highest figure over the observed period.

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.

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.

Graph and download economic data for Outstanding Total International Debt Securities to GDP for Russian Federation (DDDM07RUA156NWDB) from 1996 to 2020 about issues, Russia, debt, and GDP.

Central government debt, total (% of GDP) in Russia was reported at 18.5 % 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 September of 2025.

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.

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.

In 2024, the gross government debt of China amounted to an estimated ** percent of the country's gross domestic product (GDP), compared to ** percent for Russia. For China, this was an increase over 2001 levels, when the gross government debt amounted to ** percent of the country's GDP. Russia, on the other hand, has reduced this figure from 2001 levels, when gross government debt was ** percent of the country's GDP.

Historical dataset showing Russia debt to gdp ratio by year from 1998 to 2023.

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.

The general government debt occupied approximately ** percent of Russian GDP in 2020. The figure was projected to decline in the following years and reach nearly ** percent by 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.

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.

Household debt to GDP, in percent in Russia, December, 2024 The most recent value is 22.1 percent as of December 2024, a decline compared to the previous value of 22.3 percent. Historically, the average for Russia from March 1998 to December 2024 is 11.32 percent. The minimum of 0.4 percent was recorded in March 2000, while the maximum of 22.3 percent was reached in September 2024. | TheGlobalEconomy.com

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.

International debt issues to GDP (%) in Russia was reported at 13 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - International debt issues to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.