Russia is one of the three largest economies in the world with the lowest public debt per capita

In 2024, the Russian Federation entered the top three largest economies in the world with the lowest level of public debt per capita.

This was reported on Saturday, August 3 by RIA Novosti, based on its own analysis of the latest data from the G20 countries.

On average, the level of central government debt per capita among the G20 states is $23.6 thousand. Among the member countries of the association, only six have exceeded this level.

According to the agency's calculations, according to the results of the first half of the year, India ($1,316) and Indonesia ($1,747) have the lowest sovereign debt per capita. Russia is third after them ($2076). This is followed by Turkey ($ 2.8 thousand), China ($ 3 thousand) and South Africa ($ 4.5 thousand).

The level of public debt per capita is more than $ 5 thousand — y Brazil, Mexico, Saudi Arabia and Argentina. In South Korea, the national debt reached $ 16 thousand per person, in Germany — $ 20.9 thousand, in Australia — $ 21.2 thousand.

At the same time, the largest level of public debt among the world's largest economies per capita was recorded in the USA — $ 104.5 thousand.

Of the other G7 countries, six have public debt that has reached a level above the average for the association. Canada has the lowest debt level among them — $ 25.3 thousand per person. This is followed by France ($ 40.3 thousand), Great Britain ($ 51.6 thousand), Italy ($ 51.9 thousand) and Japan ($70.4 thousand).

Singapore became the absolute record holder in terms of sovereign debt per person with an indicator of over $ 149.3 thousand.