EEC: The Coverage of External Debt by Reserves in EAEU Countries Has Increased
The highest coverage is observed in Russia, where this indicator reaches 231.5%. In other EAEU countries, the situation looks different: Armenia has a level of only 24.1%, while Kyrgyzstan stands at 58.3%.
Since 2010, external debt in the region's countries has significantly increased: in Armenia, it has grown 2.8 times, in Belarus by 1.3 times, in Kazakhstan by 1.4 times, and in Kyrgyzstan by 2.6 times.
At the same time, in Russia, there has been a trend of decreasing external debt since 2014, and as of October 1, 2025, its amount was 63.1% of the level in 2010.
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