General government gross debt for Russia
GGGDTARUA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.30
Year-over-Year Change
81.81%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'General government gross debt for Russia' metric measures the total debt owed by the Russian government and its associated agencies. This data point is a key indicator of Russia's fiscal health and ability to service its financial 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 general government gross debt for Russia represents the total outstanding debt, including both domestic and foreign-held debt, incurred by the Russian federal, regional, and local governments. This metric is widely used by economists and policymakers to assess Russia's fiscal sustainability and creditworthiness.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Russian government.
Historical Context
Trends in Russia's government debt levels are closely monitored by global financial markets and institutions for their implications on the country's economic and political stability.
Key Facts
- Russia's government debt was 18.9% of GDP in 2021.
- Government debt peaked at 20.0% of GDP in 2016.
- Russia has one of the lowest debt-to-GDP ratios among major economies.
FAQs
Q: What does this economic trend measure?
A: The 'General government gross debt for Russia' metric measures the total outstanding debt owed by the Russian federal, regional, and local governments.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Russia's fiscal health and ability to service its financial obligations, making it important for economists, policymakers, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Russian government.
Q: How is this trend used in economic policy?
A: Trends in Russia's government debt levels are closely monitored by global financial markets and institutions for their implications on the country's economic and political stability.
Q: Are there update delays or limitations?
A: The data is published regularly by the IMF, but there may be some delays in reporting and potential limitations in the underlying government data.
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Citation
U.S. Federal Reserve, General government gross debt for Russia (GGGDTARUA188N), retrieved from FRED.