Russia recorded a government budget deficit of 1691.69 RUB Billion in August of 2020.

Government Budget Value in Russia averaged 397.23 RUB Billion from 1998 until 2020, 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. This page provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Budget Value - values, historical data and charts - was last updated on October of 2020. source: Federal Treasury Of Russia

Government Budget Value in Russia is expected to be 920.00 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 -800.00 in 12 months time. In the long-term, the Russia Government Budget Value is projected to trend around -850.00 RUB Billion in 2021, according to our econometric models.

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Russia Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1691.69 -1522.36 3834.60 -2967.30 1998 - 2020 RUB Billion Monthly
Current Prices, NSA

Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 12.20 13.50 92.10 6.50 percent [+]
Government Budget 1.80 2.90 9.88 -7.90 percent of GDP [+]
Government Budget Value -1691.69 -1522.36 3834.60 -2967.30 RUB Billion [+]
Government Spending 4227.40 4226.90 4227.40 1628.70 RUB Billion [+]
Government Revenues 21013576.30 17876067.80 2863058789.60 35000.00 RUB Million [+]
Government Debt 12760.00 12564.70 14052.00 2454.90 RUB Billion [+]
Fiscal Expenditure 22278897.60 18725885.30 36995282.60 44800.00 RUB Million [+]
Credit Rating 55.00 [+]
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.