Government budget and revenue in Magadanskaya Oblast, Russia: official figures

The government of Magadan Oblast owed 15.6 billion roubles on 1 October 2026, or 116,195 roubles per resident, 4th highest of 83 regions (Russian average 23,544 roubles).

Is the debt of Magadan Oblast rising?

Regional debt in Magadan Oblast fell by 12.2% in the first nine months of 2026, from 17.7 billion roubles on 1 January to 15.6 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 Magadan Oblast made of?

The debt of Magadan Oblast on 1 October 2026 was made up of budget loans from the federal budget 90%, bonds 10%.

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

How much debt do municipalities in Magadan Oblast have?

Municipalities in Magadan Oblast owed a further 920.07 million roubles on 1 October 2026, 0.2% of all municipal debt in Russia.

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

What is the debt burden of Magadan Oblast?

In 2025 the debt of Magadan Oblast equalled 21.4% of its own budget revenue (excluding federal grants), 32nd 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 Magadan Oblast have a budget deficit?

The Magadan Oblast budget had no deficit in 2025 by the Ministry of Finance's Budget Code measure, which compares the deficit with revenue excluding federal grants.

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

How much does Magadan Oblast spend on debt interest?

Interest on its debt took 0.47% of the Magadan Oblast budget's spending (excluding subventions) in 2025, against a legal ceiling of 15%.

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

Is Magadan Oblast a rich or poor region?

The Ministry of Finance rated the fiscal capacity of Magadan Oblast at 1.039 of the Russian average for 2026 before equalisation grants (tax potential index 4.357, cost of services index 4.194), 17th richest of 83 regions.

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

How much money does Magadan Oblast get from the federal budget?

Magadan Oblast is due 2.2 billion roubles in federal equalisation grants for 2026, 16,259 roubles per resident, 17th highest of 59 recipients; the grant lifts its fiscal capacity to 1.071 of the average.

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

How much income tax is collected in Magadan Oblast?

Personal income tax assessed in Magadan Oblast reached 19.3 billion roubles in 2024, 18.0% more than in 2023 and 0.24% of the Russian total, or 143,700 roubles per resident (5th highest of 83 regions).

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

How Magadanskaya Oblast compares with other first-level divisions

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

Magadanskaya Oblast ranks 4 of 82, highest first.

Rank	Region	Regional government debt per resident (roubles), 1 October 2026
1	Chukotskiy Okrug	684,458
2	Arkhangelskaya Oblast	121,714
3	Murmanskaya Oblast	118,124
4	Magadanskaya Oblast	116,195
5	Yamalo-nenetskiy Okrug	100,711
6	Kamchatskaya Oblast	77,558
7	Nizhegorodskaya Oblast	72,787

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

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

Magadanskaya Oblast ranks 57 of 82, highest first.

Rank	Region	Change in regional government debt, 1 January to 1 October 2026
54	Kabardino-balkariya Rep.	-11.6%
55	Kirovskaya Oblast	-11.9%
56	Orlovskaya Oblast	-11.9%
57	Magadanskaya Oblast	-12.2%
58	Permskaya Oblast	-13.0%
59	Krasnodarskiy Kray	-13.1%
60	Smolenskaya Oblast	-13.4%

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

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

Magadanskaya Oblast ranks 51 of 82, highest first.

Rank	Region	Regional debt as % of own budget revenue (excluding federal grants)
48	Tyumenskaya Oblast	21.9%
49	Kabardino-balkariya Rep.	21.5%
50	Kurganskaya Oblast	21.4%
51	Magadanskaya Oblast	21.4%
52	Kurskaya Oblast	21.0%
53	Tatarstan Rep.	19.9%
54	Chukotskiy Okrug	19.7%

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

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

Magadanskaya Oblast ranks 82 of 82, highest first.

Rank	Region	Budget deficit as % of revenue excluding federal grants
76	Tambovskaya Oblast	0.0%
77	Ivanovskaya Oblast	0.0%
78	Smolenskaya Oblast	0.0%
79	Kaliningradskaya Oblast	0.0%
80	Mordoviya Rep.	0.0%
81	Amurskaya Oblast	0.0%
82	Magadanskaya Oblast	0.0%

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

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

Magadanskaya Oblast ranks 17 of 82, highest first.

Rank	Region	Fiscal capacity before equalisation (Russian average = 1)
14	Nizhegorodskaya Oblast	1.069
15	Samarskaya Oblast	1.060
16	Amurskaya Oblast	1.058
17	Magadanskaya Oblast	1.039
18	Krasnoyarskiy Kray	1.029
19	Kaluzhskaya Oblast	1.015
20	Lipetskaya Oblast	0.985

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

Federal equalisation grant per resident (roubles) (2026)

Magadanskaya Oblast ranks 16 of 82, highest first.

Rank	Region	Federal equalisation grant per resident (roubles)
13	Severnaya Osetiya-alaniya Rep.	21,341
14	Mariy-el Rep.	19,235
15	Kalmykiya Rep.	18,405
16	Magadanskaya Oblast	16,259
17	Chuvashiya Rep.	15,992
18	Adygeya Rep.	15,666
19	Altayskiy Kray	15,416

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

Personal income tax assessed (roubles) (2024)

Magadanskaya Oblast ranks 68 of 82, highest first.

Rank	Region	Personal income tax assessed (roubles)
65	Kostromskaya Oblast	21.0 billion
66	Mordoviya Rep.	20.7 billion
67	Novgorodskaya Oblast	19.4 billion
68	Magadanskaya Oblast	19.3 billion
69	Mariy-el Rep.	19.2 billion
70	Pskovskaya Oblast	18.4 billion
71	Chechnya Rep.	18.3 billion

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

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

Magadanskaya Oblast ranks 80 of 82, highest first.

Rank	Region	Breaches of Budget Code requirements found by the Ministry of Finance
76	Ingushetiya Rep.	0
77	Kamchatskaya Oblast	0
78	Kalmykiya Rep.	0
79	Altayskiy Kray	0
80	Magadanskaya Oblast	0
81	Chukotskiy Okrug	0
82	Nenetskiy Okrug	0

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

More on Magadanskaya Oblast: overview · economy and jobs · poverty and living standards · government and politics · Russia

Sources

Ministry of Finance of the Russian Federation: Volume and structure of the state debt of the subjects of the Russian Federation and municipal debt on 1 October 2026, read 24 October 2026 · saved copy (SHA-256 dc62520847dd…)
Ministry of Finance of the Russian Federation: Distribution of grants for equalising the fiscal capacity of the subjects of the Russian Federation for 2026-2028, with tax potential calculations, read 24 October 2026 · saved copy (SHA-256 1ed312d5ecd5…)
Ministry of Finance of the Russian Federation: Analysis of compliance by the subjects of the Russian Federation with the Budget Code in 2025 (preliminary data), Order No. 552 monitoring, read 24 October 2026 · saved copy (SHA-256 1dbcc92813ac…)

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