{"id":88286,"date":"2026-01-17T07:00:00","date_gmt":"2026-01-17T06:00:00","guid":{"rendered":"https:\/\/legrandcontinent.eu\/es\/?p=88286"},"modified":"2026-01-16T20:22:02","modified_gmt":"2026-01-16T19:22:02","slug":"economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda","status":"publish","type":"post","link":"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/","title":{"rendered":"Econom\u00eda rusa: Mosc\u00fa compensa la ca\u00edda de sus ingresos por petr\u00f3leo y gas con deuda"},"content":{"rendered":"\n<p>La crisis econ\u00f3mica que afect\u00f3 a Rusia en la d\u00e9cada de 1990, provocada en particular por una ca\u00edda de los ingresos energ\u00e9ticos, fue seguida de una disminuci\u00f3n de la deuda p\u00fablica, medida en porcentaje del PIB. En 2006, quince a\u00f1os despu\u00e9s de la desintegraci\u00f3n de la Uni\u00f3n Sovi\u00e9tica, la deuda rusa representaba menos del 10% del PIB del pa\u00eds. Desde entonces, se ha mantenido por debajo del 20%.<\/p>\n\n\n\n<p>Pero ahora que Rusia se prepara para entrar en su quinto a\u00f1o de guerra, la pol\u00edtica econ\u00f3mica del Kremlin podr\u00eda marcar un punto de inflexi\u00f3n.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Debido a las sanciones y a la ca\u00edda de los precios del petr\u00f3leo, los ingresos generados por las exportaciones de combustibles f\u00f3siles se redujeron un 24% el a\u00f1o pasado&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-1-88286' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/#easy-footnote-bottom-1-88286' title='\u00ab&lt;a href=&quot;https:\/\/www.vedomosti.ru\/economics\/articles\/2026\/01\/16\/1169644-neftegazovie-dohodi-upali&quot;&gt;\u041d\u0435\u0444\u0442\u0435\u0433\u0430\u0437\u043e\u0432\u044b\u0435 \u0434\u043e\u0445\u043e\u0434\u044b \u0443\u043f\u0430\u043b\u0438 \u0432 \u043f\u0440\u043e\u0448\u043b\u043e\u043c \u0433\u043e\u0434\u0443 \u0434\u043e \u043c\u0438\u043d\u0438\u043c\u0443\u043c\u0430 \u0441 2020 \u0433\u043e\u0434\u0430&lt;\/a&gt;\u00bb, &lt;em&gt;Vedomosti&lt;\/em&gt;, 15 de enero de 2026.'><sup>1<\/sup><\/a><\/span><\/span>.<\/li>\n\n\n\n<li>Al mismo tiempo, el gasto p\u00fablico \u2014del cual el 40% se destina al ej\u00e9rcito y a las fuerzas de seguridad\u2014 no ha dejado de aumentar.<\/li>\n\n\n\n<li>Para financiar el d\u00e9ficit provocado por esta nueva realidad econ\u00f3mica, el Kremlin recurre a un endeudamiento masivo, al tiempo que apuesta por un aumento de los ingresos fiscales&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-2-88286' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/#easy-footnote-bottom-2-88286' title='\u00ab&lt;a href=&quot;https:\/\/re-russia.net\/analytics\/0377\/&quot;&gt;\u0414\u0432\u0430\u0434\u0446\u0430\u0442\u044c \u043b\u0435\u0442 \u0431\u044e\u0434\u0436\u0435\u0442\u043d\u043e\u0433\u043e \u0434\u0435\u0444\u0438\u0446\u0438\u0442\u0430: \u041a\u0430\u043a \u0440\u043e\u0441\u0441\u0438\u0439\u0441\u043a\u0438\u0435 \u0432\u043b\u0430\u0441\u0442\u0438 \u043f\u043b\u0430\u043d\u0438\u0440\u0443\u044e\u0442 \u0441\u043e\u0445\u0440\u0430\u043d\u044f\u0442\u044c \u0432\u044b\u0441\u043e\u043a\u0438\u0435 \u0440\u0430\u0441\u0445\u043e\u0434\u044b, \u0437\u0430\u043c\u0435\u0441\u0442\u0438\u0432 \u043d\u0435\u0444\u0442\u044f\u043d\u044b\u0435 \u0434\u043e\u0445\u043e\u0434\u044b \u0434\u043e\u043b\u0433\u043e\u0432\u044b\u043c \u0444\u0438\u043d\u0430\u043d\u0441\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u0435\u043c&lt;\/a&gt;\u00bb, &lt;em&gt;Re:Russia&lt;\/em&gt;, 14 de enero de 2026.'><sup>2<\/sup><\/a><\/span><\/span>.<\/li>\n<\/ul>\n\n\n\n<div class=\"iframe-container wp-block-image wp-block-image-medium  iframe-dw\">\n\t<div>\n\t\t<iframe class=\"absolute w-full h-full pin-t pin-l\" title=\"titolo\" aria-label=\"Interactive line chart\" src=\"\/\/datawrapper.dwcdn.net\/QJMkh\/\" scrolling=\"no\" frameborder=\"0\"><\/iframe>\n\t<\/div>\n<\/div>\n\n\n\n<p>Rusia est\u00e1 menos endeudada que la mayor\u00eda de las econom\u00edas desarrolladas, pero la presi\u00f3n que ejerce la deuda sobre sus finanzas es mayor. Si bien su volumen casi se duplic\u00f3 entre 2021 y 2025, pasando de 21.000 a 39.000 millones de rublos al a\u00f1o, el costo del servicio de la deuda se ha\u00a0<a href=\"https:\/\/legrandcontinent.eu\/es\/2025\/12\/14\/economia-rusa-el-coste-del-servicio-de-la-deuda-se-ha-triplicado-desde-el-inicio-de-la-guerra\/\">triplicado desde el inicio de la guerra<\/a>, debido principalmente a las altas tasas de inter\u00e9s del Banco Central y a la imposibilidad de acceder a los mercados extranjeros.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Este a\u00f1o, Rusia dedicar\u00e1 el 8,8% de su presupuesto al pago de los intereses de su deuda, es decir, el doble que en 2021 (4,4%).<\/li>\n\n\n\n<li>El importe total del servicio de la deuda (3,9 billones de rublos, es decir, 42.000 millones de euros) superar\u00e1 as\u00ed el gasto en sanidad y educaci\u00f3n, que representar\u00e1 alrededor de 3,6 billones de rublos (38.500 millones de euros).<\/li>\n<\/ul>\n\n\n\n<div class=\"iframe-container wp-block-image wp-block-image-medium  iframe-dw\">\n\t<div>\n\t\t<iframe class=\"absolute w-full h-full pin-t pin-l\" title=\"titolo\" aria-label=\"Interactive line chart\" src=\"\/\/datawrapper.dwcdn.net\/9WJyh\/\" scrolling=\"no\" frameborder=\"0\"><\/iframe>\n\t<\/div>\n<\/div>\n\n\n\n<p>El fuerte aumento del coste del servicio de la deuda conlleva el riesgo de una espiral de endeudamiento, es decir, cuando los pr\u00e9stamos se utilizan principalmente para pagar la deuda existente. En un escenario pesimista, el Gobierno estima que el d\u00e9ficit podr\u00eda superar el 8% anual en 2042&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-3-88286' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/#easy-footnote-bottom-3-88286' title='&lt;a href=&quot;http:\/\/static.government.ru\/media\/files\/pFs6IlwwGaTRB1WMpqELSlbfptSyVmbt.pdf&quot;&gt;\u041f\u0420\u0410\u0412\u0418\u0422\u0415\u041b\u042c\u0421\u0422\u0412\u041e \u0420\u041e\u0421\u0421\u0418\u0419\u0421\u041a\u041e\u0419 \u0424\u0415\u0414\u0415\u0420\u0410\u0426\u0418\u0418 \u0420 \u0410 \u0421 \u041f \u041e \u0420 \u042f \u0416 \u0415 \u041d \u0418 \u0415 \u043e\u0442 11 \u0434\u0435\u043a\u0430\u0431\u0440\u044f 2025 \u0433. \u2116 3702-\u0440&lt;\/a&gt;, 15 de diciembre de 2025.'><sup>3<\/sup><\/a><\/span><\/span>.\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Este d\u00e9ficit presupuestario se financiar\u00eda con deuda. Esta podr\u00eda alcanzar el 25% del PIB en 2030 y el 58% en 2040, frente al 17,7% del a\u00f1o pasado.<\/li>\n\n\n\n<li>En 2023, la viceministra de Finanzas, Irina Okladnikova, reconoci\u00f3 que una deuda del 20% del PIB era un \u00abnivel aceptable\u00bb, al tiempo que declar\u00f3 que los gastos relacionados con la guerra se financiar\u00edan pase lo que pase&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-4-88286' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/#easy-footnote-bottom-4-88286' title='&lt;a href=&quot;https:\/\/vkvideo.ru\/playlist\/-170206299_-2\/video-170206299_456244412&quot;&gt;\u0417\u0430\u0441\u0435\u0434\u0430\u043d\u0438\u0435 \u041a\u043e\u043c\u0438\u0442\u0435\u0442\u0430 \u0421\u0424 \u043f\u043e \u0431\u044e\u0434\u0436\u0435\u0442\u0443 \u0438 \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u043c \u0440\u044b\u043d\u043a\u0430\u043c&lt;\/a&gt;, VK, 18 de julio de 2023.'><sup>4<\/sup><\/a><\/span><\/span>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>La invasi\u00f3n a gran escala de Ucrania tiene un fuerte impacto en la pol\u00edtica econ\u00f3mica de Rusia.<\/p>\n<p>Con el fin de mantener un alto nivel de gasto y hacer frente al fuerte descenso de los ingresos energ\u00e9ticos, Mosc\u00fa recurre cada vez m\u00e1s al endeudamiento.<\/p>\n","protected":false},"author":1366,"featured_media":88291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/post-briefings.php","format":"standard","meta":{"_acf_changed":true,"_trash_the_other_posts":false,"footnotes":""},"categories":[5],"tags":[],"staff":[],"editorial_format":[],"serie":[],"audience":[],"geo":[182],"class_list":["post-88286","post","type-post","status-publish","format-standard","hentry","category-economia","geo-asia-septentrional"],"acf":{"open_in_webview":false,"accent":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Econom\u00eda rusa: Mosc\u00fa compensa la ca\u00edda de sus ingresos por petr\u00f3leo y gas con deuda - El Grand Continent<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Econom\u00eda rusa: Mosc\u00fa compensa la ca\u00edda de sus ingresos por petr\u00f3leo y gas con deuda - El Grand Continent\" \/>\n<meta property=\"og:description\" content=\"La invasi\u00f3n a gran escala de Ucrania tiene un fuerte impacto en la pol\u00edtica econ\u00f3mica de Rusia.  Con el fin de mantener un alto nivel de gasto y hacer frente al fuerte descenso de los ingresos energ\u00e9ticos, Mosc\u00fa recurre cada vez m\u00e1s al endeudamiento.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/\" \/>\n<meta property=\"og:site_name\" content=\"El Grand Continent\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-17T06:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/legrandcontinent.eu\/es\/wp-content\/uploads\/sites\/6\/2026\/01\/gc-eldeuda-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"florent\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/legrandcontinent.eu\/es\/wp-content\/uploads\/sites\/6\/2026\/01\/gc-eldeuda-scaled.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"florent\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/\",\"url\":\"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/\",\"name\":\"Econom\u00eda rusa: Mosc\u00fa compensa la ca\u00edda de sus ingresos por petr\u00f3leo y gas con deuda - 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Con el fin de mantener un alto nivel de gasto y hacer frente al fuerte descenso de los ingresos energ\u00e9ticos, Mosc\u00fa recurre cada vez m\u00e1s al endeudamiento.","og_url":"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/","og_site_name":"El Grand Continent","article_published_time":"2026-01-17T06:00:00+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/legrandcontinent.eu\/es\/wp-content\/uploads\/sites\/6\/2026\/01\/gc-eldeuda-scaled.jpg","type":"image\/jpeg"}],"author":"florent","twitter_card":"summary_large_image","twitter_image":"https:\/\/legrandcontinent.eu\/es\/wp-content\/uploads\/sites\/6\/2026\/01\/gc-eldeuda-scaled.jpg","twitter_misc":{"Escrito por":"florent","Tiempo de lectura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/","url":"https:\/\/legrandcontinent.eu\/es\/2026\/01\/17\/economia-rusa-moscu-compensa-la-caida-de-sus-ingresos-por-petroleo-y-gas-con-deuda\/","name":"Econom\u00eda rusa: Mosc\u00fa compensa la ca\u00edda de sus ingresos por petr\u00f3leo y gas con deuda - 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