Russia Government Debt to GDP — 2026 Data & Trend
Russia's government debt was 17.85% in December 2024, down from 18.73% the previous year. A year earlier it stood at 18.73%.
Russia's government debt stands at 17.85% as of December 2024. Over the latest readings, the government debt has moved within a band of 6.50% to 143.95%. The most recent figure of 17.85% is down from 18.73% a year earlier, and is 0.88% lower than a year ago.
The trend
Among the 121 economies tracked on this platform, Russia ranks #112 on government debt by latest value. It fell from 18.73% in the previous year, and compares with a year-earlier 18.73%.
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 2024 | 17.85% |
| Dec 2023 | 18.73% |
| Dec 2022 | 19.28% |
| Dec 2021 | 21.03% |
| Dec 2020 | 22.99% |
| Dec 2019 | 17.28% |
| Dec 2018 | 16.17% |
| Dec 2017 | 16.33% |
Data: The World Bank — World Development Indicators (CC BY 4.0) 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 17.85% in December 2024, down from 18.73% the previous year. A year earlier it stood at 18.73%.
Is the government debt rising or falling in Russia?
It fell in the latest reading — 17.85% in December 2024 versus 18.73% a year earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).