24Peaks / Europe / Russia / Government Net Lending and Borrowing (% of GDP)

Russia - Government Net Lending and Borrowing (% of GDP) 1.56

World Bank WDI · updated 2026-10-15 · 158 economies tracked

Latest value

1.56 (2024)

Global rank

##14 of 158 economies

Share of global total

-0.9%

Growth since 1994

-0.22×

Ranking Race — Government Net Lending and Borrowing (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331972198219922002201220222024#69#142021 overtook Somalia2023 overtook Cyprus
RussiaNauruNorwayLesothoMacao

Real annual global ranks, 1972 - 2024. Russia climbed from #69 to #14 (overtook Somalia). Gaps in a lane = missing data that year.

Key events for Russia ↓

Key Events — Russia

Auto-detected from rank data + curated milestones

1991
Soviet collapse curated

Central planning ends; output falls sharply through the 1990s.

1995
Climbed 67 places in global rank auto
1998
Financial default curated

Ruble devalues and the government defaults on domestic debt.

1999
Climbed 60 places in global rank auto
2009
Fell 69 places in global rank auto
2009
Oil crash recession curated

Falling oil prices and crisis push GDP down.

2010
Climbed 36 places in global rank auto
2011
Climbed 31 places in global rank auto

Government Net Lending and Borrowing (% of GDP), 1994-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
1994200420142024-6.99-1.374.269.88

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