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Russia's external debt in relation to GDP dropped to 14 in the third quarter.%

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Photo: IZVESTIA/Anna Selina
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The ratio of Russia's external debt to gross domestic product (GDP) dropped to 14% in the third quarter of 2025. This was reported on November 17 by RIA Novosti with reference to calculations based on data from the Central Bank of Russia and Rosstat.

A lower indicator was recorded only once — at the end of 2024, when it reached a historic low of 13.3%.

As noted in the article, the decrease occurred by 0.7% over the quarter. At the same time, the debt burden decreased in terms of one resident of the country: the figure decreased to $2,087 against $2,195 in the second quarter.

The external debt of the Russian Federation as of October 1 amounted to $305 billion, having decreased by 4.9% in the quarter. For comparison, the maximum value of the debt—to—GDP ratio in modern history was observed in 1999 at about 91%, and the largest amount of debt per capita was recorded in 2013 at $5,072.

Earlier, on November 14, the Ministry of Economic Development informed Izvestia that the Russian economy continued to grow in the third quarter of 2025, while inflation slowed. It was clarified that the GDP growth rate, according to Rosstat's preliminary estimate, was 0.6% YoY (year-on-year), which coincided with the estimate of the Ministry of Economic Development.

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