https://en.sputniknews.africa/20241015/russias-foreign-debt-to-gdp-ratio-drops-to-new-all-time-low-1068686841.html
Russia's Foreign Debt-to-GDP Ratio Drops to New All-Time Low
Russia's Foreign Debt-to-GDP Ratio Drops to New All-Time Low
Sputnik Africa
MOSCOW (Sputnik) - Russia's foreign debt-to-GDP ratio fell to a new all-time low of 14.5% at the end of the third quarter of this year, according to RIA... 15.10.2024, Sputnik Africa
2024-10-15T09:36+0200
2024-10-15T09:36+0200
2024-10-15T09:36+0200
russia
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economy
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At the end of September 2024, Russia's external debt, both public and corporate, in monetary amounted to $293.4 billion, or approximately 27.4 trillion rubles. At the same time, the level of Russian external debt per capita also continued to fall: on October 1, it amounted to $2,008, having decreased by approximately 3%, or $58, over July-September. The last time the indicator was lower was in 2005, when it amounted to $1,802. Russia's foreign debt-to-GDP ratio has been steadily declining over the past few years: it reached 31% at the end of 2020, then in 2022 it was only 16.8%, and then 15.7% at the end of last year. At the end of the second quarter, it decreased further to 14.9%. The highest foreign debt-to-GDP ratio in Russia's modern history was observed in 1999, when it reached 91%, and per capita in 2013 at $5,072.
https://en.sputniknews.africa/20231226/russia-becoming-biggest-economy-of-europe-presidential-aide-states-1064308592.html
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russia, international, economy, gdp, economic growth, debt
russia, international, economy, gdp, economic growth, debt
Russia's Foreign Debt-to-GDP Ratio Drops to New All-Time Low
MOSCOW (Sputnik) - Russia's foreign debt-to-GDP ratio fell to a new all-time low of 14.5% at the end of the third quarter of this year, according to RIA Novosti calculations based on the Bank of Russia data.
At the end of September 2024, Russia's external
debt, both public and corporate, in monetary amounted to $293.4 billion, or approximately 27.4 trillion rubles.
At the same time, the level of
Russian external debt per capita also continued to fall: on October 1, it amounted to $2,008, having decreased by approximately 3%, or $58, over July-September. The last time the indicator was lower was in 2005, when it amounted to $1,802.
Russia's foreign debt-to-GDP ratio has been steadily
declining over the past few years: it reached 31% at the end of 2020, then in 2022 it was only 16.8%, and then 15.7% at the end of last year. At the end of the second quarter, it decreased further to 14.9%.
The highest foreign debt-to-GDP ratio in Russia's modern history was observed in 1999, when it reached 91%, and per capita in 2013 at $5,072.
