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.