Estimate of External Debt of the Russian Federation as of December 31, 2024

According to the Bank of Russia estimate, external debt of the Russian Federation as of December 31, 2024 totaled $290.4 billion, having decreased by $27.5 billion, or by 8.7%, since the end of 2023. This dynamics was influenced by reduction in indebtedness on sovereign debt securities denominated in both national and foreign currencies and decline in other sectors’ liabilities on loans, including those raised within the framework of direct investment relationships.