Net incurrence of liabilities, total in Russian Federation
Russian Federation: Net incurrence of liabilities, total was 1.3% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Russian Federation, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Russian Federation is 1.3%, measured in 2024.
The figure is up 109.1% on the previous year and down 17.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Russian Federation peaked at 5.8% in 1998 and was at its lowest, -6.1%, in 2002.
Russian Federation ranks 100th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Russian Federation, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 5.8% | — |
| 1999 | 1.9% | -66.3% |
| 2000 | -1.1% | -154.5% |
| 2001 | -2.9% | +174.7% |
| 2002 | -6.1% | +109.1% |
| 2003 | -2.8% | -53.7% |
| 2004 | -1.3% | -52.3% |
| 2005 | -3.9% | +188.9% |
| 2006 | -2.3% | -40.6% |
| 2007 | -0.3% | -86.4% |
| 2008 | 0.4% | -242.4% |
| 2009 | 1.7% | +283.3% |
| 2010 | 1.6% | -7.8% |
| 2011 | 1.6% | +1.8% |
| 2012 | 0.8% | -47.6% |
| 2013 | 1.3% | +50.8% |
| 2014 | 1.6% | +23.2% |
| 2015 | 0.6% | -62.8% |
| 2016 | 1.4% | +136.1% |
| 2017 | 3.3% | +137.8% |
| 2018 | 1.0% | -70.1% |
| 2019 | 2.4% | +144.4% |
| 2020 | 4.8% | +104.0% |
| 2021 | 2.8% | -42.1% |
| 2022 | 1.3% | -54.0% |
| 2023 | 0.6% | -52.7% |
| 2024 | 1.3% | +109.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.9% | 1.9% | 5.8% | 2 |
| 2000s | -1.9% | -6.1% | 1.7% | 10 |
| 2010s | 1.5% | 0.6% | 3.3% | 10 |
| 2020s | 2.2% | 0.6% | 4.8% | 5 |
Countries ranked near Russian Federation
More public sector data for Russian Federation
- Arms imports 467.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.25 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 113.24 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 467.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,037 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0681 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 36.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 148.97 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 13.37 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Russian Federation?
- Net incurrence of liabilities, total in Russian Federation was 1.3% 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 Russian Federation?
- The highest recorded value was 5.8% in 1998.
- What is the lowest net incurrence of liabilities, total recorded in Russian Federation?
- The lowest recorded value was -6.1% in 2002.
- How does Russian Federation rank for net incurrence of liabilities, total?
- Russian Federation ranks 100th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Russian Federation?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is volatile.
- Where does this Russian Federation 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.