The level of external debt to GDP fell in Russia to a minimum of 16.6%. Among the largest economies in the world, the lowest level was recorded in China – 13.7 percent. India’s external debt is 19.1 percent of GDP.
At the end of 2022, the level of Russia’s external debt in relation to gross domestic product (GDP) fell by 10 percentage points, to 16.6 percent, RIA Novosti calculated. The indicator became the lowest in the history of statistics.
Thus, in the Russian Federation, the level of external debt to GDP decreased by 10 percentage points. – up to 16.6%. It is noted that this is the minimum value since 2002 (there are no earlier statistics in the public domain).
Among the largest economies in the world, the indicator is lower than the Russian one only in China: there it dropped from 15.4% to 13.7% over the year.
India’s external debt amounted to 19.1% of GDP.
The highest level of external debt in European countries was observed: in the Netherlands – 380.5% of GDP, in the UK – 287%, in Switzerland – 280.5%.
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