Russia recorded a government budget surplus of 3394.30 RUB Billion in November of 2018. Government Budget Value in Russia averaged 358.54 RUB Billion from 1998 until 2018, 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 -1000.00 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 700.00 in 12 months time. In the long-term, the Russia Government Budget Value is projected to trend around -800.00 RUB Billion in 2020, according to our econometric models.

Russia Government Budget Value
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Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 12.60 12.90 92.10 7.40 percent [+]
Government Budget -1.50 -3.40 9.88 -7.90 percent of GDP [+]
Government Budget Value 3394.30 3022.14 3834.60 -2967.30 RUB Billion [+]
Government Spending 3972.90 3959.10 3974.60 1628.70 RUB Billion [+]
Government Revenues 3003669600.60 2636790569.10 3003669600.60 35000.00 RUB Million [+]
Government Debt 12096.70 11618.80 12096.70 2454.90 RUB Billion [+]
Fiscal Expenditure 25670628.90 22933810.00 31989128.00 44800.00 RUB Million [+]
Credit Rating 43.26 [+]
Military Expenditure 55327.20 69245.30 69245.30 13615.80 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3394.30 3022.14 3834.60 -2967.30 1998 - 2018 RUB Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China 100.80 Oct/18
France -86.98 Oct/18
Germany 36.06 Jun/18
India -6485.83 Oct/18
Indonesia -347356.70 Dec/17
Italy -6.06 Oct/18
Japan -113831.00 Jun/18
Mexico 35850.40 Oct/18
Netherlands -8.90 Sep/18
Russia 3394.30 Nov/18
Saudi Arabia -238494.00 Dec/17
Singapore 1826.60 Sep/18
South Africa -37930.00 Oct/18
South Korea 28653.00 Oct/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -205000.00 Nov/18


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