Government Spending in Russia increased to 4067.40 RUB Billion in the fourth quarter of 2018 from 3930.20 RUB Billion in the third quarter of 2018. Government Spending in Russia averaged 2476.63 RUB Billion from 2003 until 2018, reaching an all time high of 4067.40 RUB Billion in the fourth quarter of 2018 and a record low of 1628.70 RUB Billion in the first quarter of 2003.

Government Spending in Russia is expected to be 3992.76 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Russia to stand at 3993.08 in 12 months time. In the long-term, the Russia Government Spending is projected to trend around 4162.52 RUB Billion in 2020, according to our econometric models.

Russia Government Spending
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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 545.67 309.63 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 55327.20 69245.30 69245.30 13615.80 USD Million [+]


Russia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Russia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Spending - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4067.40 3930.20 4067.40 1628.70 2003 - 2018 RUB Billion Quarterly
Constant Prices 2016, NSA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 103641.04 Feb/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136594.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 44944.00 Dec/18
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56511.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3188.70 Dec/18


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