Estimate of External Debt of the Russian Federation as of September 30, 2025

According to the Bank of Russia estimate, external debt of the Russian Federation as of September 30, 2025 totaled $305.0 billion, having increased by $15.2 billion, or by 5.3%, since the end of 2024. This dynamics was mainly influenced by the positive revaluation of liabilities resulting from the ruble’s appreciation.