Russia’s external debt fell to its lowest level since 1993
MOSCOW, April 13, 2017 (WAM) – Russia’s external debt has fallen to its lowest level since 1993, reaching $304 billion.
Data from the Russian Central Bank, according to the RIA Novosti news agency, showed that Russia’s external debt declined in the first quarter of this year to $304 billion, equivalent to only 15.05% of the country’s gross domestic product, which is the lowest level since 1993 and one of the best levels. Globally.
Russian external debt in general reached its highest level in 1999 and represented 91% of the size of the Russian economy.
The per capita share of Russian external debt decreased as of April 1 to 2.1 thousand dollars, the lowest level since 2005, and one of the best levels in the world, while the highest level in the per capita share of Russia’s external debt was recorded in the year 2013, when the index reached 5,072 dollars. .
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