Page 82 - RusRPTApr21

6.2 Debt
Russia - External debt 2012 2013 2014 2015 2016 2017 Jan-Jun ‘18
Budget: external debt (USD bn)
2,363.52 2,844.56 2,729.43 2,169.01 2,073.22 2,096.24 1,005.41
Budget: external debt (% GDP)
29.02 31.73 29.07 37.89 39.83 32.84 /
source: CEIC, CBR
According to the Bank of Russia’s estimate, external debt of the Russian Federation as of January 1, 2021 totaled $470.1 billion, declining from the beginning of the year by $21.3 billion. Decreases in debt liabilities to non-residents were observed for all sectors of the economy, of which the most noticeable decline was registered for other sectors under credits.
Russian debt has risen sharply over 2020 from a record low of 6.5% debt/GDP ratio to 14.6% in February, up slightly from 14.5% in January.
82 RUSSIA Country Report April 2021 www.intellinews.com