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Russia’s General Government Debt

#64 of 86 in the General Government Debt progress rankings

Expressed as the ratio of total public debt to GDP, this indicators covers obligations of central, state, and local governments. It provides an overall picture of fiscal pressure and sustainability, showing the burden of public liabilities on the economy (lower is better).

Latest (2023)
19.5 %
Year-over-year
+1.0 %
Change since start (1998→2023)
-115.6 %

Key insights

  • From 1998 to 2023, General Government Debt changed by -115.6 %.
  • Most recent year-over-year change (2022→2023): +1.0 %.
  • Lowest level: 7.4 % in 2008.
  • Highest level: 135.2 % in 1998.

General Government Debt Chart (1998–2023)

*Average based on available data from 193 UN member countries

General Government Debt Table (1998–2023)

General Government Debt — Russia
Year General Government Debt
1998 135.2 %
1999 92.4 %
2000 55.9 %
2001 44.4 %
2002 37.6 %
2003 28.3 %
2004 20.8 %
2005 14.9 %
2006 9.8 %
2007 8.0 %
2008 7.4 %
2009 9.9 %
2010 10.1 %
2011 10.3 %
2012 11.2 %
2013 12.3 %
2014 15.1 %
2015 15.3 %
2016 14.8 %
2017 14.3 %
2018 13.6 %
2019 13.7 %
2020 19.2 %
2021 16.4 %
2022 18.5 %
2023 19.5 %

Source: IMF DataMapper