Russia National Government Debt, 2009 – 2024 (2024)

FAQs

Russia National Government Debt, 2009 – 2024? ›

Russia National Government Debt reached 281.6 USD bn in Feb 2024, compared with 287.8 USD bn in the previous month. Russia National Government Debt data is updated monthly, available from May 2009 to Feb 2024. The data reached an all-time high of 384.2 USD bn in Jun 2022 and a record low of 86.1 USD bn in May 2009.

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.

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.

Yes, but it is much smaller compared to the Russian economy than America's is to the American economy. Russia's debt-to-GDP is 17.20%. To put that in perspective, America would have to have a national debt of $4 trillion or so for the two nations to be somewhat comparable.

National Wealth Fund Assets in Russia increased to 138.90 USD Billion in April from 135.70 USD Billion in March of 2024.

In 2023, aggregate local government debt had risen to 92 trillion yuan ($12.58 trillion) and the central government of People's Republic of China ordered its banks to roll over debts in a debt-restructuring. China's gross external debt in 2023 was $2.38 trillion.

At its dissolution at the end of 1991, the Soviet Union began a Russian Federation with a growing pile of $66 billion in external debt and with barely a few billion dollars in net gold and foreign exchange reserves.

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.

2019 due to Russia & China selling their Treasury bonds? 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.

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

Is any country debt free? ›

In fact, very much like Norway, Singapore has more assets than debt. Which means that de facto the Singaporean government has no net debt. And what is more impressive, without the vast natural resources Singapore has. This is a privileged situation to be in, but Singaporeans have earned that privilege.

Why History Shows the United States Will Not Grow Out of Its Debt. The United States is approaching record levels of debt. Debt held by the public totaled 97 percent of gross domestic product (GDP) at the end of 2022 and is on track to exceed its previous all-time high, which occurred just after World II, by 2029.

The United States upholds its status as the major global economy and richest country, steadfastly preserving its pinnacle position from 1960 to 2023. Its economy boasts remarkable diversity, propelled by important sectors, including services, manufacturing, finance, and technology.

In April 2024, the public debt of the United States was around 34.62 trillion U.S. dollars, more than two trillion more than in July when it was around 32.6 trillion U.S. dollars.

Based on our algorithmically generated price prediction for Russian Ruble, the price of RUB is expected to decrease by 223.03% in the next month and reach $ 0.056219 on Jun 26, 2024. Additionally, Russian Ruble's price is forecasted to gain 176.28% in the next six months and reach $ 0.048083 on Nov 23, 2024.

As a result, the IMF now forecasts that Russia's economy will grow up to 2.6 percent in 2024—a 1.6 percentage point increase from the IMF's original projection in October 2023.