See Also
10 Great Countries without Public Debt - Clear FinancesFiscal Data Explains the National DebtMajor foreign holders treasury securities U.S. 2023 | StatistaThe Daily — Consolidated Canadian Government Finance Statistics, 2022Russia recorded a Government Debt to GDP of 17.20 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in Russia averaged 20.22 percent of GDP from 1999 until 2022, reaching an all time high of 92.10 percent of GDP in 1999 and a record low of 6.50 percent of GDP in 2009. source: Federal Treasury Of Russia
Government Debt to GDP in Russia is expected to reach 18.10 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Government Debt to GDP is projected to trend around 19.00 percent of GDP in 2025 and 20.00 percent of GDP in 2026, according to our econometric models.
Russia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 17.20 | 17.60 | 92.10 | 6.50 | 1999 - 2022 | percent of GDP | Yearly |
