More than half million citizens in Russia considered insolvent - intel

More than half million citizens in Russia considered insolvent - intel

Ukrinform
In the Russian Federation in 2025, the number of court bankruptcies of individuals increased by more than 31% and reached almost 568,000 cases.

According to Ukrinform, this was reported by the Foreign Intelligence Service of Ukraine.

“Economic problems in Russia are increasingly affecting the population, as evidenced by the rapid growth in the number of personal bankruptcies,” the report said.

Thus, at the end of 2025, the Sverdlovsk region was among the top five regions of the Russian Federation with the highest number of bankruptcy proceedings involving individuals and individual entrepreneurs.

During the year, the number of reports of judicial sales of property in the region increased by almost 28%.

In absolute terms, the region surpassed St. Petersburg, where more than 20,000 bankruptcies were recorded.

Along with the Sverdlovsk region, Moscow, the Moscow region, and the Krasnodar region, which are regions with a high concentration of household debt, traditionally make up the anti-rating.

This trend is associated with a decline in real incomes, rising living costs, and chronic household indebtedness.

The formal “economic stability” declared by the Russian authorities is not confirmed by the real financial situation of citizens.

"At the national level, the situation is even bleaker. In 2025, the number of court bankruptcies of individuals increased by more than 31% and reached almost 568,000 cases. This indicates the systemic nature of the crisis, which shows no signs of being quickly overcome," the SZRU noted.

More than 97% of bankruptcy cases are initiated by the debtors themselves, effectively acknowledging their own financial insolvency due to the lack of alternatives.

As reported by Ukrinform, in Russia in 2025, the outflow of funds from the banking sector amounted to S12.8 billion, which led to an expansion of the structural liquidity deficit of the banking system to S14.7 billion — an indicator that directly reflects the loss of depositors' confidence in financial institutions.

Photo: Freepik

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