War Balance
Rosatom projects and Russian state loans: every country since 2022
One part of how much more or less Russia kept from trade with each country than in a world without the war (taxes and profit, not the sales value). From 2022 to August 2026, 10 countries have this part; the table starts with Hungary, Vietnam and Bangladesh.
These numbers measure money: aid to Ukraine and the change in what Russia keeps from trade, against a world without the war. Weapons count at their money value: aid at market value when delivered, weapons and troops sent to Russia at the seller's gain where Russia paid and in full where it did not. Votes, diplomacy and intent are not in them.
Ranking · 10
Sorted by “Rosatom projects and Russian state loans” in euros, by size, either way, 2022 to August 2026. + toward Ukraine, − toward Russia; more or less: how much more or less Russia kept (taxes and profit, not sales) than in a world without the war.
| # | Country | Rosatom projects and Russian state loans | Russia kept from trade, vs no war | Net |
|---|---|---|---|---|
| 1 | Hungary | −€0.78bn−0.41% of GDP · −€82 per personrange −€2.5bn to +€0.21bn | €12.3bn more6.4% of GDP morevery likely · 98% | −€11.4bn−6.0% of GDPvery likely · 97% |
| 2 | Vietnam | +€0.71bn+0.17% of GDP · +€7 per personrange +€0.28bn to +€0.83bn | €0.13bn more0.03% of GDP moreessentially zero | −€0.10bn−0.03% of GDPessentially zero |
| 3 | Bangladesh | +€0.64bn+0.15% of GDP · +€4 per personrange −€0.83bn to +€1.6bn | €53m more0.01% of GDP moreessentially zero | −€61m−0.01% of GDPessentially zero |
| 4 | Türkiye | +€0.61bn+0.06% of GDP · +€7 per personrange −€0.35bn to +€0.96bn | €32.8bn more3.1% of GDP morevery likely · 96% | −€32.7bn−3.1% of GDPvery likely · 96% |
| 5 | Egypt | −€0.51bn−0.13% of GDP · −€4 per personrange −€2.2bn to +€41m | €1.8bn more0.45% of GDP morevery likely · 95% | −€1.7bn−0.43% of GDPlikely toward Russia · 95% |
| 6 | Iraq | +€0.37bn+0.14% of GDP · +€8 per personrange +€0.14bn to +€0.41bn | €0.51bn more0.20% of GDP morelikely toward Russia · 94% | −€0.57bn−0.22% of GDPvery likely · 96% |
| 7 | Uzbekistan | −€0.21bn−0.21% of GDP · −€6 per personrange −€0.75bn to −€40m | €4.1bn more4.1% of GDP morevery likely · >99% | −€4.1bn−4.1% of GDPvery likely · >99% |
| 8 | India | +€0.11bn<0.01% of GDP · <€1 per personrange −€0.24bn to +€0.28bn | €70.5bn more2.2% of GDP morevery likely · >99% | −€70.6bn−2.2% of GDPvery likely · >99% |
| 9 | Iran | +€40m<0.01% of GDP · <€1 per personrange +€10m to +€0.13bn | €1.9bn more0.44% of GDP morevery likely · >99% | −€1.9bn−0.44% of GDPvery likely · >99% |
| 10 | China | +€17m<0.01% of GDP · <€1 per personrange €0m to +€70m | €128bn more0.74% of GDP morevery likely · >99% | −€128bn−0.75% of GDPvery likely · >99% |
Each row: the best estimate, then its range in the same unit and sign. The chances of the direction are for each country's totals, on its page.
Related
- Russia's gain on fuel and goods it sold
- Russia's gain from war-time fuel prices
- Sellers' gain on sales to Russia
- Extra price Russia paid because of sanctions
- Company taxes paid in Russia
- Company profits in Russia
- Stakes in Russian oil and gas projects
- Services bought from Russia
Ranking · Support for Ukraine by country · Trade with Russia by country · All topics · How it works
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Cite as: War Balance, figures to August 2026, https://warbalance.org/rosatom-and-russian-state-loans/