Russia Government Debt to GDP — 2026 Data & Trend
Russia's government debt was 16.59% in December 2025, up from 14.76% the previous year. A year earlier it stood at 14.76%.
Russia's government debt stands at 16.59% as of December 2025. Over the latest readings, the government debt has moved within a band of 7.45% to 135.19%. The most recent figure of 16.59% is up from 14.76% a year earlier, and is 1.83% higher than a year ago.
The trend
Among the 192 economies tracked on this platform, Russia ranks #178 on government debt by latest value. It rose from 14.76% in the previous year, and compares with a year-earlier 14.76%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 16.59% |
| Dec 2024 | 14.76% |
| Dec 2023 | 15.19% |
| Dec 2022 | 15.13% |
| Dec 2021 | 16.53% |
| Dec 2020 | 19.16% |
| Dec 2019 | 13.75% |
| Dec 2018 | 13.62% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Russia Have in 2026?
Russia's government debt was 16.59% in December 2025, up from 14.76% the previous year. A year earlier it stood at 14.76%.
Is the government debt rising or falling in Russia?
It rose in the latest reading — 16.59% in December 2025 versus 14.76% a year earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).