Moscow: Russia’s external debt-to-GDP ratio fell to 14% in the third quarter of 2025, reaching its lowest level in modern history.
According to Qatar News Agency, the ratio declined by 0.7 percentage points during the quarter. The only comparable drop occurred in the fourth quarter of 2024, when the ratio hit its previous record low of 13.3%.
Per capita external debt also decreased, falling to $2,087 compared with $2,195 in the previous quarter. Russia’s highest external debt-to-GDP ratio in modern history was recorded in 1999 at 91%, while per capita debt peaked in 2013 at $5,072.
Total external debt stood at $305 billion as of October 1, representing a quarterly decrease of 4.9%.