Russia Government Debt to GDP (2024)

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Russia Government Debt to GDP? ›

Public debt in Russia averaged 15.4% of GDP in the decade to 2022, below the average of 32.5% of GDP for Eastern Europe. Public debt in Russia was 18.9% of GDP in 2022.

In the latest reports, Russia National Government Debt reached 281.6 USD bn in Feb 2024. The country's Nominal GDP reached 494.7 USD bn in Mar 2023.

April 11 (Interfax) - Russia's external debt declined by $12.8 billion, or 4.1%, to $304 billion in the first quarter of 2024, the Central Bank posted on its website. The country's external debt level as of April 1, 2024 was the lowest since October 1, 2006, when it was at $269.5 billion.

Public Debt in Ukraine

Public debt averaged 64.0% of GDP in the decade to 2022, above the average for Eastern Europe of 32.5% of GDP. Public debt in Ukraine was 78.5% of GDP in 2022.

According to the US Treasury, Russian ownership of US Treasuries was $2.1 Billion in Nov 2022. That's so small an amount it might as well be zero. Someone could sell $2 Billion in treasuries on the market at any time without anyone “batting an eye”. The figure was $12.7 Billion in Feb 2020.

At the top is Japan, whose national debt has remained above 100% of its GDP for two decades, reaching 255% in 2023.

Public debt in Russia averaged 15.4% of GDP in the decade to 2022, below the average of 32.5% of GDP for Eastern Europe. Public debt in Russia was 18.9% of GDP in 2022.

Even three U.S. states have larger GDPs than Russia: California ($3.1 trillion), Texas ($1.78 trillion) and New York ($1.7 trillion). Note that California has more than twice the GDP of Russia. There's more.

With a GDP of more than 20 trillion dollars, the United States of America is the world's largest economy.

How rich is Russia in 2024? ›

German general government debt up in 2023 by €62 billion to €2.62 trillion, debt ratio down from 66.1% to 63.7% General government debt in Germany increased by €62 billion in 2023 to €2.62 trillion.

GDP in Israel is offically estimated to be $518 Billion US dollars at the end of 2023. The economy of Israel is offically reported as having a debt-to-GDP ratio of 57.6%, indicating Israel's debt level is $290 Billion.

Greece Government debt accounted for 161.9 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 165.6 % in the previous quarter. Greece government debt to GDP ratio data is updated quarterly, available from Dec 1999 to Dec 2023.

National debt in Russia

Based on the number of inhabitants, this is a debt of 3,044 USD per person. For comparison, the average debt per person in the same year in the European Union was 32,826 USD.

The $34 trillion gross federal debt equals debt held by the public plus debt held by federal trust funds and other government accounts. In very basic terms, this can be thought of as debt that the government owes to others plus debt that it owes to itself. Learn more about different ways to measure our national debt.

Key information about Germany National Government Debt

Germany National Government Debt reached 2,901.2 USD bn in Dec 2023, compared with 2,780.7 USD bn in the previous quarter.