Russia

Russia joined the IMF in 1992 following the dissolution of the Soviet Union. During the 1998 financial crisis, Russia received emergency IMF support. Russia accumulated significant SDR holdings through its oil export revenues. Since February 2022, international sanctions related to the Ukraine invasion have severely constrained Russia's access to its international reserves, including SDR holdings. Russia's effective participation in IMF mechanisms has been significantly curtailed.

Current Allocation

SDR 12.9B

2026

Current Holdings

SDR 3.2B

-75.2% vs allocation

IMF Quota Share

2.71%

SDR 12.9B quota

Allocation Growth

+349%

Since 1992

Initial SDR Allocation

First Allocation Year

1992

Initial SDR Allocation

SDR 2,876M

Initial Quota Share

2.99%

SDR Allocation & Holdings Over Time

Allocation

Holdings

IMF Quota Share Evolution (%)

Decade-by-Decade SDR Status

Year	Allocation (M SDR)	Holdings (M SDR)	Quota Share	Net Position	Note
1992	2,876	2,876	2.99%	+0	Joined after USSR dissolution; inherited Soviet quota
2001	2,876	2,400	2.75%	-476	—
2011	9,945	10,200	2.73%	+255	Russia drew on IMF in 1990s crises
2021	12,904	12,500	2.71%	-404	2021 allocation received
2026Current	12,904	3,200	2.71%	-9,704	Holdings depleted due to Ukraine war sanctions; SDR transactions restricted

2026 — Current SDR Status

Total Allocation

SDR 12,904M

Current Holdings

SDR 3,200M

IMF Quota (SDR)

SDR 12,904M

Status

▼ Net Borrower (-75.2%)