As of July 1, 2023, Russia’s external debt amounted to $347.7 billion, which is 8.7% lower than at the beginning of 2023. This is the lowest figure since 2006. TSB RF.
“The dynamics of the indicator is largely determined by the reduction in liabilities of other sectors to debt instruments, which is partly due to the implementation of the substitution bond issuance mechanism,” the regulator said.
The report pointed out that the reduction in the debt of government bodies in connection with the sale of government securities by non-residents played an important role.
According to the Central Bank, as of January 1, 2023, Russia’s foreign debt was $380.5 billion, while in 2022 this figure decreased by $101.8 billion.
In May, the ratio of Russia’s foreign debt to GDP in 2022 became clear. fallen to at least 16.6%. A smaller gauge among the largest economies was recorded in China, where debt fell from 15.4% to 13.7% during the year. The next line is occupied by India with the amount of external debt of 19.1% of GDP.
Previously at the European Commission in your name The amount of Russia’s sovereign assets frozen in the European Union.