Russia recorded a government budget surplus of 693.29 RUB Billion in April of 2019. Government Budget Value in Russia averaged 369.42 RUB Billion from 1998 until 2019, reaching an all time high of 3834.60 RUB Billion in October of 2008 and a record low of -2967.30 RUB Billion in December of 2016.

Government Budget Value in Russia is expected to be 1600.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Russia to stand at 920.00 in 12 months time. In the long-term, the Russia Government Budget Value is projected to trend around -850.00 RUB Billion in 2020, according to our econometric models.

Russia Government Budget Value
Forecast Data Chart
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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 693.29 545.67 3834.60 -2967.30 RUB Billion [+]
Government Spending 4067.40 3930.20 4067.40 1628.70 RUB Billion [+]
Government Revenues 5044555.50 2460788.60 3003669600.60 35000.00 RUB Million [+]
Government Debt 12591.30 12131.60 12591.30 2454.90 RUB Billion [+]
Fiscal Expenditure 4478996.30 1784855.30 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 Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
693.29 545.67 3834.60 -2967.30 1998 - 2019 RUB Billion Monthly
Current Prices, NSA

Country Last Previous
Argentina 498.50 Apr/19
Australia -1569.00 Mar/19
Brazil -62175.00 Mar/19
Canada 4306.00 Feb/19
China -347.50 Mar/19
France -40.71 Mar/19
Germany 5.87 Sep/18
India -8514.99 Feb/19
Indonesia -259900.00 Dec/18
Italy -26.03 Mar/19
Japan -41094.00 Dec/18
Mexico 3143.60 Mar/19
Netherlands 1.50 Dec/18
Russia 693.29 Apr/19
Saudi Arabia -238494.00 Dec/17
Singapore -9045.20 Mar/19
South Africa -3327.00 Mar/19
South Korea -17321.00 Mar/19
Spain -6754.00 Mar/19
Switzerland 2176.00 Dec/19
Turkey -24573567.00 Mar/19
United Kingdom 6371.00 Mar/19
United States 160305.00 Apr/19