Russia's External Debt Falls To $304 Billion

  • Moscow, Russian Federation
  • 15 April 2024
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Russia's external debt fell to the lowest level since 1993, reaching $304 billion. Russian central bank data showed that Russia's external debt fell in the first quarter of this year to $ 304 billion, equivalent to only 15.05 percent of the country's gross domestic product, which is the lowest level since 1993 and one of the best levels in the world.

Russia's external debt in general hit its highest level in 1999 and accounted for 91 percent of the Russian economy. Russia's per capita external debt fell as of April 1 to $2.1,000, the lowest level since 2005 and one of the best in the world.

Source (Al-Khaleej Emirati Newspaper, Edited)

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