Government Spending in Russia increased to 3972.90 RUB Billion in the second quarter of 2018 from 3959.10 RUB Billion in the first quarter of 2018. Government Spending in Russia averaged 2427.52 RUB Billion from 2003 until 2018, reaching an all time high of 3974.60 RUB Billion in the fourth quarter of 2017 and a record low of 1628.70 RUB Billion in the first quarter of 2003.

Government Spending in Russia is expected to be 4042.00 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 3990.00 in 12 months time. In the long-term, the Russia Government Spending is projected to trend around 4152.00 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 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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3972.90 3959.10 3974.60 1628.70 2003 - 2018 RUB Billion Quarterly
Constant Prices 2016, NSA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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