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Estimate of External Debt of the Russian Federation as of December 31, 2023

According to the Bank of Russia’s estimate, external debt of the Russian Federation as of December 31, 2023 totaled $326.6 billion, having decreased by $57.0 billion, or by 14.9%, since the end of 2022. This dynamics was largely influenced by the reduction in other sectors’ liabilities on raised loans, including within the framework of direct investment relationship. General government’s indebtedness decreased at a fast pace, which was caused by a reduction in the volume of the Russian sovereign debt securities at the disposal of non-residents, including as a result of their scheduled repayment.

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Last updated on: 19.01.2024