Russia

Sovereign Credit Rating: BBB
Debt-to-GDP Ratio, 2010: 7.0%
Current Account Balance, 2010: 4.5%
GDP Growth, 2010: 1.5%
Budget Deficit Ratio, 2010: –6.8%*

Rising oil prices have helped shore up Russia's finances, which took a major hit when its domestic economy was battered in the downturn. While the country's deficit will hit almost 7% this year—the first time Russia has run a deficit in a decade—local policymakers expect to raise $17.8 billion from the international bond markets this year to cover the shortfall.

* Domestic government estimate