Liabilities, Insurance Technical Reserves (OFCS) in Russian Federation
Russian Federation: Liabilities, Insurance Technical Reserves (OFCS) was 6.49 trillion in 2020. ◆ Volatile
Liabilities, Insurance Technical Reserves (OFCS) in Russian Federation, 2005–2020
Source: International Monetary Fund.
Analysis
In 2020, liabilities, insurance technical reserves (ofcs) in Russian Federation stood at 6.49 trillion. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 9.5% on the previous year and up 456.7% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Russian Federation peaked at 6.49 trillion in 2020 and was at its lowest, 409.70 billion, in 2005.
Russian Federation ranks 11th of 65 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Liabilities, Insurance Technical Reserves (OFCS) in Russian Federation, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 409.70 billion | — |
| 2006 | 565.90 billion | +38.1% |
| 2007 | 755.60 billion | +33.5% |
| 2008 | 871.60 billion | +15.4% |
| 2009 | 984.60 billion | +13.0% |
| 2010 | 1.16 trillion | +18.3% |
| 2011 | 1.50 trillion | +28.9% |
| 2012 | 2.11 trillion | +40.8% |
| 2013 | 2.73 trillion | +29.1% |
| 2014 | 2.89 trillion | +5.9% |
| 2015 | 3.50 trillion | +21.1% |
| 2016 | 4.14 trillion | +18.5% |
| 2017 | 4.79 trillion | +15.6% |
| 2018 | 5.40 trillion | +12.7% |
| 2019 | 5.92 trillion | +9.8% |
| 2020 | 6.49 trillion | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 717.48 billion | 409.70 billion | 984.60 billion | 5 |
| 2010s | 3.42 trillion | 1.16 trillion | 5.92 trillion | 10 |
| 2020s | 6.49 trillion | 6.49 trillion | 6.49 trillion | 1 |
Countries ranked near Russian Federation
- 8 Argentina 16.69 trillion
- 9 Costa Rica 12.12 trillion compare
- 10 South Africa 10.22 trillion compare
- 12 Uzbekistan 6.40 trillion
- 13 Thailand 6.06 trillion compare
- 14 Brazil 3.34 trillion compare
More external debt data for Russian Federation
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.9% (2024)
- Net financial flows, IBRD -176.25 million NFL, current US$ (2022)
- Public and publicly guaranteed debt service 4.0% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -205.77 % change on previous year (2022)
- Other investment, Debt instruments 674.08 billion US dollar (2025)
- Use of IMF credit 24.01 billion DOD, current US$ (2022)
Frequently asked questions
- What is liabilities, insurance technical reserves (ofcs) in Russian Federation?
- Liabilities, insurance technical reserves (ofcs) in Russian Federation was 6.49 trillion in 2020, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Russian Federation?
- The highest recorded value was 6.49 trillion in 2020.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Russian Federation?
- The lowest recorded value was 409.70 billion in 2005.
- How does Russian Federation rank for liabilities, insurance technical reserves (ofcs)?
- Russian Federation ranks 11th out of 65 countries with data for 2020.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Russian Federation?
- Over the last ten years it is up 456.7%. The long-run trend across the full record is volatile.
- Where does this Russian Federation data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.