RIA Novosti: Russia’s foreign debt to GDP ratio fell to a minimum of 16.6% in 2022

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The level of external debt to GDP in Russia fell to its lowest ever 16.6% in 2022. It has been reported DEA News with reference to its own calculations based on data from national central banks and statistical services.

According to the agency, the ratio of foreign debt to GDP in Russia fell by 10 percentage points to 16.6% last year. This level was the lowest since 2002.

The lowest figure among the largest economies was recorded in China, where it fell from 15.4% to 13.7% during the year. Next comes India, whose external debt is 19.1% of GDP.

According to RIA Novosti, the external debt of France is 249% of GDP, Belgium – 242%, Spain – 179%, Sweden – 17%, Germany – 159%, Norway – 132%, Italy – 131% .

The highest external debt indicator at the end of 2022 was recorded in the Netherlands at 380.5% of GDP, in the United Kingdom at 287% and in Switzerland at 280.5%. At the same time, the indicator in these countries decreased by 14, 29 and 16 points, respectively, during the year.

In total, it was noted that the debt level of non-residents compared to GDP increased in only five of the 25 countries examined, while the strongest indicator was in Japan, where the indicator increased by 10 points to 104%.

Earlier, Russian President Vladimir Putin at a working meeting with the Minister of Economic Development Maxim Reshetnikov. declarationThat the public debt indicators in Russia are much better than in some other countries.

RIA Novosti reported Russia’s foreign debt at the end of March, based on Central Bank data. collapsed As of the first quarter of 2007, it decreased to the lowest values ​​in 15 years.

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