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Russian Federation Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

23.05% +2.80% (+13.8%)
Year 2025 Rank #165 Global Peak 135.19% (1998) Source IMF WEO

Russian Federation Government Debt to GDP (1997–2025)

Overview

Russian Federation's government debt to gdp stood at 23.05% in 2025, a rise of +2.80% from 2024. The IMF projects 23.05% by 2025. Russian Federation ranked 165th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 32.80% - -
2029* IMF 30.73% - -
2028* IMF 28.66% - -
2027* IMF 26.64% - -
2026* IMF 24.77% - -
2025* IMF 23.05% - -
2025 23.05% +2.80% #165
2024 20.25% +0.78% #15
2023 19.47% +0.99% #13
2022 18.48% +1.96% #14
2021 16.52% −2.63% #10
2020 19.16% +5.41% #11
2019 13.75% +0.13% #10
2018 13.62% −0.69% #9
2017 14.31% −0.54% #9
2016 14.85% −0.44% #12
2015 15.29% +0.15% #16
2014 15.14% +2.79% #23
2013 12.35% +1.18% #18
2012 11.17% +0.83% #16
2011 10.34% +0.23% #15
Show all years (1997-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.7% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Russian Federation's government debt to gdp?

Russian Federation's government debt to gdp was 23.05% in 2025. Ranked 165th globally. This represents a 13.8% increase from the previous year.

What was the highest government debt to gdp in Russian Federation?

Russian Federation's government debt to gdp peaked at 135.19% in 1998.

What was the lowest government debt to gdp in Russian Federation?

The lowest government debt to gdp in Russian Federation was 7.45% in 2008.

How does Russian Federation rank in government debt to gdp?

Russian Federation ranks 165th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Russian Federation in 2025?

Russian Federation's government debt to gdp is projected to reach 23.05% by 2025 based on IMF projection.

What is the government debt to gdp of Russian Federation in 2025?

The government debt to gdp of Russian Federation in 2025 was 23.05%. This ranks 165th in the world.

Cite this page

APA
Russian Federation Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/russian-federation/government-debt-to-gdp
BibTeX
@misc{historysaid_russian-federation_government-debt-to-gdp, title = {Russian Federation Government Debt to GDP}, url = {https://historysaid.com/russian-federation/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }