economy

February 14, 2026

FACTBOX: What is known about growth of Russia's foreign debt to over $60 bln

Russian Prime Minister Mikhail Mishustin said earlier that Russia's national debt is one of the lowest among major developed countries

FACTBOX: What is known about growth of Russia's foreign debt to over $60 bln

TL;DR

  • Russia's foreign national debt has exceeded $60 billion.
  • The national debt is projected to reach $61.9 billion by February 1, 2026.
  • Experts consider the debt-to-GDP ratio more important than the absolute debt amount.
  • Russia has one of the lowest public debt ratios among major global economies.
  • The current public debt stands at approximately 15% of GDP.
  • It is not expected to exceed 20% of GDP in the medium-term forecast.

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