Net incurrence of liabilities, total (current LCU) in Russia
Russia: Net incurrence of liabilities, total (current LCU) was 2.59 trillion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Russia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Russia is 2.59 trillion current LCU, measured in 2024.
The figure is up 142.8% on the previous year and up 110.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Russia peaked at 5.22 trillion current LCU in 2020 and was at its lowest, -837.03 billion current LCU, in 2005.
That places Russia 17th out of 136 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Russia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | 151.45 billion current LCU | — |
| 1999 | 93.69 billion current LCU | -38.1% |
| 2000 | -77.32 billion current LCU | -182.5% |
| 2001 | -260.02 billion current LCU | +236.3% |
| 2002 | -658.36 billion current LCU | +153.2% |
| 2003 | -371.49 billion current LCU | -43.6% |
| 2004 | -228.28 billion current LCU | -38.5% |
| 2005 | -837.03 billion current LCU | +266.7% |
| 2006 | -618.90 billion current LCU | -26.1% |
| 2007 | -103.60 billion current LCU | -83.3% |
| 2008 | 183.20 billion current LCU | -276.8% |
| 2009 | 660.20 billion current LCU | +260.4% |
| 2010 | 726.70 billion current LCU | +10.1% |
| 2011 | 960.50 billion current LCU | +32.2% |
| 2012 | 570.20 billion current LCU | -40.6% |
| 2013 | 921.60 billion current LCU | +61.6% |
| 2014 | 1.23 trillion current LCU | +33.4% |
| 2015 | 481.06 billion current LCU | -60.9% |
| 2016 | 1.17 trillion current LCU | +143.3% |
| 2017 | 2.99 trillion current LCU | +155.1% |
| 2018 | 1.01 trillion current LCU | -66.2% |
| 2019 | 2.61 trillion current LCU | +158.0% |
| 2020 | 5.22 trillion current LCU | +100.4% |
| 2021 | 3.78 trillion current LCU | -27.6% |
| 2022 | 2.03 trillion current LCU | -46.4% |
| 2023 | 1.06 trillion current LCU | -47.4% |
| 2024 | 2.59 trillion current LCU | +142.8% |
Russia compared with similar countries
- Russia's 2.59 trillion current LCU is above the median for high income countries, which is 9.91 billion current LCU, 260.9× the median. (41 countries reporting)
- Russia's 2.59 trillion current LCU is above the median for Europe & Central Asia, which is 14.60 billion current LCU, 177.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 122.57 billion current LCU | 93.69 billion current LCU | 151.45 billion current LCU | 2 |
| 2000s | -231.16 billion current LCU | -837.03 billion current LCU | 660.20 billion current LCU | 10 |
| 2010s | 1.27 trillion current LCU | 481.06 billion current LCU | 2.99 trillion current LCU | 10 |
| 2020s | 2.94 trillion current LCU | 1.06 trillion current LCU | 5.22 trillion current LCU | 5 |
Countries ranked near Russia
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Frequently asked questions
- What is net incurrence of liabilities, total in Russia?
- Net incurrence of liabilities, total in Russia was 2.59 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Russia?
- The highest recorded value was 5.22 trillion current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Russia?
- The lowest recorded value was -837.03 billion current LCU in 2005.
- How does Russia rank for net incurrence of liabilities, total?
- Russia ranks 17th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Russia?
- Over the last ten years it is up 110.3%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.