It's worth noting that [[Russia]]'s [[debt-to-GDP ratio]] in 2025 is estimated at ~19%, significantly lower than most [[NATO]] countries. This low ratio provides Russia with fiscal flexibility to manage its [[budget deficit]] (2.2% of GDP in 2025) and sustain [[war]]-related spending, unlike high-debt NATO members like the [[United States]], the [[United Kingdom]], [[France]], [[Spain]], [[Italy]], [[Canada]], and [[Germany]] which face tighter constraints. | It's worth noting that [[Russia]]'s [[debt-to-GDP ratio]] in 2025 is estimated at ~19%, significantly lower than most [[NATO]] countries. This low ratio provides Russia with fiscal flexibility to manage its [[budget deficit]] (2.2% of GDP in 2025) and sustain [[war]]-related spending, unlike high-debt NATO members like the [[United States]], the [[United Kingdom]], [[France]], [[Spain]], [[Italy]], [[Canada]], and [[Germany]] which face tighter constraints. |