Russian Federation Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Russian Federation's interest payments to revenue was 2.36% in 2020, ranked 33rd globally. This represents a 9.8% decrease from 2019. Data from World Bank, covering 1999–2020.
Overview
Russian Federation's interest payments to revenue stood at 2.36% in 2020, a decline of +0.26pp from 2019. Russian Federation ranked 33rd globally.
The Russian Federation's interest payments to revenue ratio has shown a significant decline over the past two decades. At its peak in 1999, this ratio stood at 16.06%, largely due to the country's struggle to restructure its debt following the dissolution of the Soviet Union. Conversely, the ratio reached its all-time trough in 2008, when it dipped to 1.10%, reflecting the country's improved fiscal management. As of 2020, the ratio stood at 2.36%, ranking Russia 33rd globally. Comparatively, Czechia, a peer country, has maintained a similar ratio of 2.27%. The steady decline in Russia's interest payments to revenue ratio suggests an improvement in its debt sustainability. However, a significant increase in interest rates or a substantial rise in government borrowing could potentially alter this trajectory.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2020 | 2.36% | −0.26pp | #33 |
| 2019 | 2.62% | +0.25pp | #35 |
| 2018 | 2.36% | −0.14pp | #29 |
| 2017 | 2.51% | −0.07pp | #33 |
| 2016 | 2.58% | −0.07pp | #26 |
| 2015 | 2.65% | +0.63pp | #34 |
| 2014 | 2.01% | +0.07pp | #28 |
| 2013 | 1.94% | +0.18pp | #25 |
| 2012 | 1.76% | +0.24pp | #24 |
| 2011 | 1.52% | −0.08pp | #22 |
| 2010 | 1.60% | −0.14pp | #19 |
| 2009 | 1.74% | +0.64pp | #19 |
| 2008 | 1.10% | −0.25pp | #13 |
| 2007 | 1.35% | −0.84pp | #12 |
| 2006 | 2.19% | −0.92pp | #20 |
Detected Pattern
Analysis
Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Russian Federation's interest payments to revenue was 2.36% in 2020. Ranked 33rd globally. This represents a 9.8% decrease from the previous year.
Russian Federation's interest payments to revenue peaked at 16.06% in 1999.
The lowest interest payments to revenue in Russian Federation was 1.10% in 2008.
Russian Federation ranks 33rd globally in interest payments to revenue as of 2020.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Russian Federation in 2020 was 2.36%. This ranks 33rd in the world.
Cite this page
@misc{historysaid_russian-federation_interest-to-revenue,
title = {Russian Federation Interest Payments to Revenue},
url = {https://historysaid.com/russian-federation/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}