Central government debt, total (% of GDP) for the Russian Federation
DEBTTLRUA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
114.13%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the total central government debt of the Russian Federation as a percentage of its gross domestic product (GDP). It is a key indicator of the country's fiscal health and ability to service its debt obligations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The central government debt-to-GDP ratio tracks the total outstanding debt owed by the Russian government as a share of the country's economic output. This metric is widely used by economists, policymakers, and investors to assess Russia's fiscal sustainability and creditworthiness.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
Monitoring this trend is crucial for understanding Russia's economic and financial conditions, as well as its capacity to implement fiscal and monetary policies.
Key Facts
- Russia's central government debt-to-GDP ratio was 17.8% in 2021.
- The ratio has fluctuated between 8.6% and 17.8% over the past decade.
- High government debt levels can constrain a country's policy options and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding debt owed by the central government of the Russian Federation as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a crucial indicator of Russia's fiscal health and sustainability, which is important for economists, policymakers, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Governments and central banks closely track this metric to assess a country's ability to service its debt, manage fiscal policy, and implement economic stabilization measures.
Q: Are there update delays or limitations?
A: The data is typically published with a lag, and the accuracy may be affected by changes in Russia's economic conditions or reporting practices.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for the Russian Federation (DEBTTLRUA188A), retrieved from FRED.