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The External Debt Of Russia Decreased By 17.75% In 2014
January 24, 2015 17:15


According to the preliminary estimate of the Bank of Russia, the external debt of Russia decreased by 17.75% in 2014 - from $ 728,864,000,000 to $ 599,497,000,000.

In this case, the debt of state administration bodies immediately fell by 32.76% - from $ 61.743 billion to $ 41.516 billion, according to website of the Central Bank of Russia. The most part of this amount ($ 39.183 billion) consists of the new Russian debt, and another $ 1.77 falls to the debt inherited by Russia from the Soviet Union.

Over the past year “Soviet” debts of Russia have been reduced by 12%. What about the state debt gained in the post-Soviet era, the most part of it falls to bonds in roubles ($ 16.1 billion) and foreign currency ($ 21.44 billion).

The external debt of Russian regions has decreased by 27.8% during 2014 - from $ 781 to $ 564 million, $ 494 million of them being the loans from foreign banks.

The debt of Russian commercial banks before foreign ones decreased by 20.2% and made up approximately $ 171.1 as of January 1, 2015. The external debt of companies from other economy sectors made up $ 229.933 billion as of January 1, 2015, which is 14.33% lower than a year earlier.

Author: Anna Dorozhkina

Tags: External Debt     

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