The ratio of national debt to gross domestic product (GDP) in Russia was forecast to continuously increase between 2024 and 2029 by in total 5.2 percentage points. After the eighth consecutive increasing year, the ratio is estimated to reach 25.11 percent and therefore a new peak in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Russia: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/271357/national-debt-of-russia-in-relation-to-gross-domestic-product-gdp/
IMF. "Russia: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/271357/national-debt-of-russia-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Russia: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/271357/national-debt-of-russia-in-relation-to-gross-domestic-product-gdp/
IMF. "Russia: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/271357/national-debt-of-russia-in-relation-to-gross-domestic-product-gdp/
IMF, Russia: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/271357/national-debt-of-russia-in-relation-to-gross-domestic-product-gdp/ (last visited November 17, 2024)
Russia: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/271357/national-debt-of-russia-in-relation-to-gross-domestic-product-gdp/