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.

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.

Russia External Debt: Total External Debt per Capita data was reported at 0.003 USD mn in 2022. This records a decrease from the previous number of 0.003 USD mn for 2021. Russia External Debt: Total External Debt per Capita data is updated yearly, averaging 0.003 USD mn from Dec 1992 (Median) to 2022, with 31 observations. The data reached an all-time high of 0.005 USD mn in 2013 and a record low of 0.001 USD mn in 1992. Russia External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

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.

Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated *** trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately *** billion U.S. dollars and *** billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over ** percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around ** percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately *** percent and *** percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around ** percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

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

Russia: Auto debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Russia from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

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.

The statistic shows the 20 countries with the lowest national debt in 2023 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2023, Russia's estimated level of national debt reached about 19.66 percent of the GDP, ranking 17th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

Russia External Debt: Short Term: Within 1 Year: RM: Other Sectors excl Equity Capital data was reported at 48.071 USD bn in Dec 2018. This records a decrease from the previous number of 56.094 USD bn for Sep 2018. Russia External Debt: Short Term: Within 1 Year: RM: Other Sectors excl Equity Capital data is updated quarterly, averaging 69.200 USD bn from Dec 2003 (Median) to Dec 2018, with 61 observations. The data reached an all-time high of 105.043 USD bn in Jun 2014 and a record low of 14.600 USD bn in Jun 2004. Russia External Debt: Short Term: Within 1 Year: RM: Other Sectors excl Equity Capital data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.JBD006: External Debt: BPM6: by Residual Maturity and Financial Instruments: Within 1 Year.

（停止更新）外债：人均外债总额在12-01-2022达0.003百万美元，相较于12-01-2021的0.003百万美元有所下降。（停止更新）外债：人均外债总额数据按年更新，12-01-1992至12-01-2022期间平均值为0.003百万美元，共31份观测结果。该数据的历史最高值出现于12-01-2013，达0.005百万美元，而历史最低值则出现于12-01-1992，为0.001百万美元。CEIC提供的（停止更新）外债：人均外债总额数据处于定期更新的状态，数据来源于World Bank，数据归类于全球数据库的俄罗斯联邦 – Table RU.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual。