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As of October 1, 2024, according to the Bank of Russia, Russia's external debt amounted to $293.4B, having decreased by $24.5B (7.7%) since the beginning of 2024. It fell below $300B for the first time since 2006. The highest figure was in July 2014 - more than $732B. As of October 4, 2024, Russia's international reserves amounted to $629.9B. In Q1-Q3 2024, 1,154,778 new passenger cars were sold in Russia, 61% more than in Q1-Q3 2023 (717,615). Leaders: LADA (316k - 27.41%), Haval (136k - 11.81%), Chery (118k - 10.25%), Geely (112k - 9.77%), Changan (83k - 7.19%), OMODA (39k - 3.43%). In 2021, for comparison, 1.67 million were sold: LADA (351k), KIA (206k), Hyundai (167k), Renault (136k), Toyota (98k), Skoda (90k), VW (86k), Nissan (51k), BMW (47k), Mercedes-Benz (43k). As of September 1, 2024, according to the Ministry of Internal Affairs, the number of foreign citizens staying in Russia, information about whom was received by the state system of migration registration, was 6,174,777 people, about 4.2% of the population of Russia (146.2 million people in 2023). The number of illegal migrants in Russia is estimated at about 3-4 million. In 2023, 83.4% of all payments in retail in Russia were made in non-cash form, 7th place among G20 countries. Sweden (98%), China (96.3%), Australia (89%), the US (88%), Canada (86%), the UK and South Korea (85%), Brazil (78%), Saudi Arabia (70%), France and South Africa (65%), Germany and Turkey (62%), Argentina (55.1%), Indonesia (55%), Italy (51%), Japan (39.3%), Mexico (34%), India (32%). In Q2 2024, the share of USD and Euro in Russian exports fell below 20% for the first time, to 17.6%, Ruble - 40%, Yuan, Tenge, Rupee, Dirham, etc. - 42.4%. In 2021, the share of USD and Euro was about 85%. In Q1-Q2 2024, the share of Asia (mainly China and India) in Russian exports increased by 6% - to 75%, the share of Europe decreased by 8% - to 15%. More notes from Russia »
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Ask our expert

Ask expert about Russia
M asks: How did the prices of food, household goods, and entertainment change since the war in Ukraine?
Expert's answer:
Here is some data about annual inflation in Russia by different categories:
All goods and services: 11.9% - 2022, 7.4% - 2023, 9.1% - as of August 2024,

Food products: 10.3% - 2022, 8.2% - 2023, 9.7% - as of August 2024,

Non-food products: 12.7% - 2022, 6% - 2023, 6.1% - as of August 2024,

Services: 13.2% - 2022, 8.3% - 2023, 11.7% - as of August 2024.
You can check the current prices in different cities in Russia via the following site (in Moscow, for example). Also noteworthy is the significant increase in average wages, by 15% in 2023 and approximately 16% in 2024.

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