Russia had a federal budget surplus of 2.746 trillion rubles, or 2.7 percent of GDP, in 2018, according to preliminary estimates from the Finance Ministry. Government Budget in Russia averaged 1.15 percent of GDP from 1994 until 2018, reaching an all time high of 9.88 percent of GDP in 2005 and a record low of -7.90 percent of GDP in 2009.

Government Budget in Russia is expected to be 0.90 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Government Budget is projected to trend around 0.50 percent of GDP in 2020, according to our econometric models.

Russia Government Budget
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Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 13.50 12.90 92.10 6.50 percent [+]
Government Budget 2.70 -1.50 9.88 -7.90 percent of GDP [+]
Government Budget Value 1561.07 1149.60 3834.60 -2967.30 RUB Billion [+]
Government Spending 4035.60 4067.40 4067.40 1628.70 RUB Billion [+]
Government Revenues 1562038427.20 12594628.70 3003669600.60 35000.00 RUB Million [+]
Government Debt 12803.20 12591.30 12803.20 2454.90 RUB Billion [+]
Fiscal Expenditure 13070670.20 10704677.60 33880685.60 44800.00 RUB Million [+]
Credit Rating 43.26 [+]
Military Expenditure 64193.00 66527.00 82576.00 16241.00 USD Million [+]


Russia Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Russia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Budget - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 -1.50 9.88 -7.90 1994 - 2018 percent of GDP Yearly




Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18


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