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Government budget and revenue in Karatchayevo-cherkesiya Rep., Russia: official figures

The government of Karachay-Cherkessia owed 4.2 billion roubles on 1 October 2026, or 9,025 roubles per resident, 15th lowest of 83 regions (Russian average 23,544 roubles).

Is the debt of Karachay-Cherkessia rising?

Regional debt in Karachay-Cherkessia rose by 53.3% in the first nine months of 2026, from 2.8 billion roubles on 1 January to 4.2 billion roubles on 1 October; total regional debt in Russia changed by -1.7%.

Source: Ministry of Finance of the Russian Federation · saved copy

What is the debt of Karachay-Cherkessia made of?

The debt of Karachay-Cherkessia on 1 October 2026 was made up of budget loans from the federal budget 100%.

Source: Ministry of Finance of the Russian Federation · saved copy

How much debt do municipalities in Karachay-Cherkessia have?

Municipalities in Karachay-Cherkessia owed a further 218,182 roubles on 1 October 2026, 0.00% of all municipal debt in Russia.

Source: Ministry of Finance of the Russian Federation · saved copy

What is the debt burden of Karachay-Cherkessia?

In 2025 the debt of Karachay-Cherkessia equalled 18.8% of its own budget revenue (excluding federal grants), 27th lowest debt burden of 83 by the Ministry of Finance's Budget Code measure, whose ceiling is 100%.

Source: Ministry of Finance of the Russian Federation · saved copy

Does Karachay-Cherkessia have a budget deficit?

The Karachay-Cherkessia budget ran a deficit equal to 3.7% of its revenue without federal grants in 2025, 30th smallest of 83 among regions (Budget Code limit 15%).

Source: Ministry of Finance of the Russian Federation · saved copy

How much does Karachay-Cherkessia spend on debt interest?

Interest on its debt took 0.14% of the Karachay-Cherkessia budget's spending (excluding subventions) in 2025, against a legal ceiling of 15%.

Source: Ministry of Finance of the Russian Federation · saved copy

Is Karachay-Cherkessia a rich or poor region?

The Ministry of Finance rated the fiscal capacity of Karachay-Cherkessia at 0.337 of the Russian average for 2026 before equalisation grants (tax potential index 0.313, cost of services index 0.930), 7th poorest of 83 regions.

Source: Ministry of Finance of the Russian Federation · saved copy

How much money does Karachay-Cherkessia get from the federal budget?

Karachay-Cherkessia is due 17.7 billion roubles in federal equalisation grants for 2026, 37,807 roubles per resident, 6th highest of 59 recipients; the grant lifts its fiscal capacity to 0.669 of the average.

Source: Ministry of Finance of the Russian Federation · saved copy

How much income tax is collected in Karachay-Cherkessia?

Personal income tax assessed in Karachay-Cherkessia reached 6.3 billion roubles in 2024, 15.6% more than in 2023 and 0.08% of the Russian total, or 13,482 roubles per resident (5th lowest of 83 regions).

Source: Ministry of Finance of the Russian Federation · saved copy

How Karatchayevo-cherkesiya Rep. compares with other first-level divisions

Regional government debt per resident (roubles), 1 October 2026 (2026-10)

Karatchayevo-cherkesiya Rep. ranks 68 of 82, highest first.

RankRegionRegional government debt per resident (roubles), 1 October 2026
65Dagestan Rep.10,284
66Voronezhskaya Oblast9,527
67Kurganskaya Oblast9,367
68Karatchayevo-cherkesiya Rep.9,025
69Chuvashiya Rep.8,988
70Adygeya Rep.8,383
71Tambovskaya Oblast8,341
Source: Ministry of Finance of the Russian Federation · saved copy

Change in regional government debt, 1 January to 1 October 2026 (2026)

Karatchayevo-cherkesiya Rep. ranks 2 of 82, highest first.

RankRegionChange in regional government debt, 1 January to 1 October 2026
1Chukotskiy Okrug+318.1%
2Karatchayevo-cherkesiya Rep.+53.3%
3Vologodskaya Oblast+51.6%
4Sakhalinskaya Oblast+44.9%
5Rostovskaya Oblast+40.3%
6Stavropolskiy Kray+38.5%
7Khanty-mansyiskiy Okrug+38.1%
Source: Ministry of Finance of the Russian Federation · saved copy

Regional debt as % of own budget revenue (excluding federal grants) (2025)

Karatchayevo-cherkesiya Rep. ranks 56 of 82, highest first.

RankRegionRegional debt as % of own budget revenue (excluding federal grants)
53Tatarstan Rep.19.9%
54Chukotskiy Okrug19.7%
55Altay Rep.19.3%
56Karatchayevo-cherkesiya Rep.18.8%
57Kaliningradskaya Oblast18.0%
58Adygeya Rep.17.5%
59Vologodskaya Oblast17.2%
Source: Ministry of Finance of the Russian Federation · saved copy

Budget deficit as % of revenue excluding federal grants (2025)

Karatchayevo-cherkesiya Rep. ranks 53 of 82, highest first.

RankRegionBudget deficit as % of revenue excluding federal grants
50Moskva4.2%
51Voronezhskaya Oblast4.0%
52Penzenskaya Oblast4.0%
53Karatchayevo-cherkesiya Rep.3.7%
54Omskaya Oblast3.5%
55Ulyanovskaya Oblast3.5%
56Kalmykiya Rep.3.4%
Source: Ministry of Finance of the Russian Federation · saved copy

Fiscal capacity before equalisation (Russian average = 1) (2026)

Karatchayevo-cherkesiya Rep. ranks 76 of 82, highest first.

RankRegionFiscal capacity before equalisation (Russian average = 1)
73Severnaya Osetiya-alaniya Rep.0.490
74Buryatiya Rep.0.451
75Altay Rep.0.357
76Karatchayevo-cherkesiya Rep.0.337
77Kabardino-balkariya Rep.0.325
78Kamchatskaya Oblast0.320
79Chechnya Rep.0.295
Source: Ministry of Finance of the Russian Federation · saved copy

Federal equalisation grant per resident (roubles) (2026)

Karatchayevo-cherkesiya Rep. ranks 6 of 82, highest first.

RankRegionFederal equalisation grant per resident (roubles)
3Tyva Rep.79,253
4Sakha Rep.72,956
5Altay Rep.66,706
6Karatchayevo-cherkesiya Rep.37,807
7Chechnya Rep.37,671
8Ingushetiya Rep.37,096
9Dagestan Rep.36,210
Source: Ministry of Finance of the Russian Federation · saved copy

Personal income tax assessed (roubles) (2024)

Karatchayevo-cherkesiya Rep. ranks 80 of 82, highest first.

RankRegionPersonal income tax assessed (roubles)
76Kabardino-balkariya Rep.9.7 billion
77Tyva Rep.8.6 billion
78Altay Rep.6.4 billion
79Nenetskiy Okrug6.4 billion
80Karatchayevo-cherkesiya Rep.6.3 billion
81Kalmykiya Rep.5.3 billion
82Ingushetiya Rep.4.1 billion
Source: Ministry of Finance of the Russian Federation · saved copy

Breaches of Budget Code requirements found by the Ministry of Finance (2025)

Karatchayevo-cherkesiya Rep. ranks 74 of 82, highest first.

RankRegionBreaches of Budget Code requirements found by the Ministry of Finance
71Novgorodskaya Oblast0
72Yamalo-nenetskiy Okrug0
73Sakhalinskaya Oblast0
74Karatchayevo-cherkesiya Rep.0
75Adygeya Rep.0
76Ingushetiya Rep.0
77Kamchatskaya Oblast0
Source: Ministry of Finance of the Russian Federation · saved copy

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Sources

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