Russia Government gross debt in Russia

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 19.3% 2027: 22.2% 2028: 24.8% 2029: 27.2% 2030: 29.1% 2031: 30.7%
92.4 (1999) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 1999 92.4
Jan 1998 135.2
Jan 1997 51.5

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Government gross debt measures the total outstanding liabilities of Russia's government owed to domestic and external creditors. It is reported in absolute terms and as a share of GDP; in Russia the level is traditionally low.
How it's calculated
The figure comes from Russia's Finance Ministry, the central bank and IMF estimates: the sum of government bonds (OFZ), loans and other liabilities set against nominal GDP. It is annual and strongly influenced by oil revenues.
Market implications
Low debt has been a pillar of Russia's macro stability, but since the sanctions its access to external markets is restricted; the debt path is read alongside crude prices, the rouble and the central bank's policy.
Limitations
Russian data are released with a lag and under sanctions that make verification and comparison harder. The ratio is highly sensitive to oil revenues, the rouble's exchange rate and nominal GDP, more than to net new issuance.