Russia recorded a government budget deficit of 159.86 RUB Billion in January of 2020. Russia Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Russia averaged 425.51 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. 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
-159.86 1967.61 3834.60 -2967.30 1998 - 2020 RUB Billion Monthly
Current Prices, NSA


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.