Russia recorded a government debt equivalent to 12.20 percent of the country's Gross Domestic Product in 2018. source: Federal Treasury Of Russia

Government Debt to GDP in Russia averaged 21.61 percent from 1999 until 2018, reaching an all time high of 92.10 percent in 1999 and a record low of 6.50 percent in 2008. This page provides - Russia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Russia is expected to reach 17.20 percent by the end of 2020, 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 18.50 percent in 2021 and 18.30 percent in 2022, according to our econometric models.

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Russia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
12.20 13.50 92.10 6.50 1999 - 2018 percent Yearly

Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 12.20 13.50 92.10 6.50 percent [+]
Government Budget 1.80 2.90 9.88 -7.90 percent of GDP [+]
Government Budget Value -4101.84 -2511.71 3834.60 -4101.84 RUB Billion [+]
Government Spending 4262.40 4252.00 4262.40 1628.70 RUB Billion [+]
Government Revenues 33179915.00 30311290.30 2863058789.60 35000.00 RUB Million [+]
Government Debt 14572.80 13054.50 14572.80 2454.90 RUB Billion [+]
Fiscal Expenditure 35590255.20 31894070.40 36995282.60 44800.00 RUB Million [+]
Credit Rating 55.00 [+]
Military Expenditure 64193.00 66527.00 82576.00 16241.00 USD Million [+]

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.