The dehydrogenation of formic acid is effectively catalyzed by the Ru complex [{RuCl2(p‐cymene)}2] dissolved in the ionic liquid (IL) 1‐(2‐(diethylamino)ethyl)‐3‐methylimidazolium chloride at 80 °C without additional bases. This catalytic system gives TOF values of up to 1540 h−1. Preliminary kinetic insights show formal reaction orders of 0.70(±0.15), 0.78(±0.03) and 2.00(±0.17) for the Ru catalyst, IL 1, and formic acid, respectively. The apparent activation energy of this process is estimated to be (69.1±7.6) kJ mol−1. In addition, dimeric Ru hydride ionic species involved in the reaction, such as [{Ru(p‐cymene)}2{(H)μ‐(H)‐μ‐(HCO2)}]+ and [{Ru(p‐cymene)}2{(H)μ‐(Cl)μ‐(HCO2)}]+, are identified by mass spectrometry. The presence of water in large amounts inhibits higher conversions. Finally, a remarkable catalytic activity is observed during recycles, indicating this system’s potential for hydrogen gas production.