Estimate of External Debt of the Russian Federation as of March 31, 2024 (2024)

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Estimate of External Debt of the Russian Federation as of March 31, 2024? ›

Estimate of External Debt of the Russian Federation as of March 31, 2024. According to the Bank of Russia's estimate, external debt of the Russian Federation as of March 31, 2024 totaled $304.0 billion, having decreased by $12.8 billion, or by 4.1%, since the end of 2023.

The country's External Debt reached 304,007.0 in Mar 2024. The country's Nominal GDP was reported at 494.7 USD bn in Mar 2023.

Russia's external debt declines 4.1% to $304 bln in Q1 2024 - Central Bank assessment. MOSCOW, 13th April, 2024 (WAM) – 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.

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.

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.

Debt held by the public is projected to grow to $25,910 billion (98.4 percent of GDP) at the end of 2023 and $27,783 billion (102.0 percent of GDP) at the end of 2024. After 2024, debt held by the public as a percent of GDP is projected to gradually increase, reach- ing 109.8 percent in 2033.

Incomes, partially driven by high government spending and the tight labour market, are seen increasing 5.2% in 2024, up from 2.7% growth in the previous forecast. The ministry expects inflation to end the year at 5.1%, above the previous estimate and the central bank's 4% target.

This debt is further broken down in data by the Bank for International Settlements. Exposure to Russian debt was highest in Italy and France, where upwards of $25 billion was owed each at the end of the third quarter of 2021. In Austria and the U.S., exposure stood at $17.5 billion and $14.7 billion, respectively.

Ukraine National Government Debt reached 135.2 USD bn in Feb 2024, compared with 136.1 USD bn in the previous month. Ukraine National Government Debt data is updated monthly, available from Dec 2004 to Feb 2024.

The president is the chair of the Federal State Council and the supreme commander-in-chief of the Russian Armed Forces. It is the highest office in Russia. 8,900,000₽ or US$120,000 per annum est.

Which country has the highest debt? ›

Japan has the highest percentage of national debt in the world at 259.43% of its annual GDP.

It has enormous natural resources, particularly oil and natural gas. In 2023, it was the world's 11th-largest economy by nominal GDP, 6th-largest by purchasing power parity (PPP) according to IMF, and 5th-largest according to World Bank.

What was Russia's National Government Debt in Feb 2024? Russia National Government Debt reached 281.6 USD bn in Feb 2024, compared with 287.8 USD bn in the previous month.

The nation's debt, currently over $34 trillion, is rampantly growing as U.S. lawmakers have been unable to agree to long-term budget reforms that could tame it.

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.