What the Data Shows
Annual debt growth is compared across Russia’s three reported debtor sectors in Q1 2026. Rates are percentages and exclude the effect of foreign-currency revaluation under the Bank of Russia measure. Non-financial organisations rank first at 12.1%, 6.1 percentage points above financial organisations excluding banks. Households and nonprofit institutions record 4.9%, making the fastest sector’s rate 2.47 times the slowest.
Data table
Non-financial organisations 12.1%
Financial organisations excluding banks 6% year-over-year
Households and NPISH 4.9% year-over-year
Gap to second 6.1 pp
Fastest vs slowest 2.47x
Sources
Source 1: Organisations and Households Debt, Q1 2026
Publisher: Bank of Russia
Dataset/table: Organisations and Households Debt, Q1 2026
Units: trillion rubles
Date checked: 2026-07-18
Evidence: Supports the annual debt-growth rates for the three debtor sectors in Q1 2026.
Data notes & caveats
The Bank of Russia growth measure excludes foreign-currency revaluation. Rates compare debt stocks with the corresponding period a year earlier.
Methodology
The official annual growth rates are filtered to the three debtor sectors and ordered from highest to lowest. Currency-denomination growth rates are excluded from this sector comparison.
Source consistency notes
All three sector rates use one Bank of Russia Q1 2026 table, the same year-over-year basis and the same percent unit.
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