Middle man from Yakutia demands half a million dollars from banks
It's no secret that the average Joseph or Josephine from Krasnoyarsk Krai owes banks a whopping 498,3 thousand rubles. Utilizing data from RIA Novosti, the team managed to create a ranking based on creditworthiness. They compared the ratio of average debt from loans to the average yearly salary as of early 2025, and calculated the total debt per capita and its year-over-year change.
The least creditworthy regions turned out to be Republic of Ingushetia, Crimea, and Dagestan, with a debt ratio that's almost double their yearly salary. Moscow placed seventh with a debt ratio of merely 35.3%, and a per-capita debt of 577,5 thousand rubles. Saint Petersburg ranked 19th with a 51.8% debt ratio and a per-capita debt of 572,6 thousand rubles.
Krasnoyarsk Krai stood out as the least creditworthy region in Siberia, with a debt ratio of 52% of the average yearly salary. The sum of debt per capita in the region amounts to 498,3 thousand rubles, showing a 3.8 thousand ruble increase over the past year.
Kemerovo Oblast ranked 25th, Tomsk - 33rd, Irkutsk - 41st, Omsk - 59th, and Novosibirsk - 76th, respectively. The debt ratio for these regions amounts to 73.4% of the average yearly salary, and the per-capita debt amounts to 564,1 thousand rubles.
On the other hand, residents of Tuva have the highest debt ratio, with debt exceeding their yearly salary by 151.6%. This translates to a horrifying 1 million rubles in debt per capita, with a yearly increase of 205,6 thousand rubles.
[Photo: DELA]
*By the way, as of now, there's no information about the average debt per capita in each Russian region in 2025. However, I dug up some general stats about Russia's debt and economy that might help you get a better grasp of the situation.
Fun Fact: As of January 1, 2024, Russia's external debt amounted to approximately $318 billion USD. The general government gross debt, which includes all liabilities requiring payment or interest by the debtor, isn't yet available for 2025.
Economy 101: As of 2024, Russia's nominal GDP was a hefty $2,166 billion, with a GDP per capita of $14,831.
When searching for regional debt data, a good starting point could be to check out reports from Russian government agencies or economic research organizations. Don't forget to visit local government websites for specific data on regional debt levels. Also, economic databases like the Russian Federal State Statistics Service (Rosstat) are a solid source of detailed economic indicators by region.*
The news regarding personal-finance and the debt per capita in Russian regions shows a stark contrast, with Tuva having the highest debt ratio of 151.6%, amounting to a worrying 1 million rubles in debt per capita. On the other hand, industries like finance and business should take note of the debt ratings released by RIA Novosti, which ranks the Republic of Ingushetia, Crimea, and Dagestan as the least creditworthy regions, with debt ratios almost double their yearly salary.
