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 1149.60 693.29 3834.60 -2967.30 RUB Billion [+]
Government Spending 4067.40 3930.20 4067.40 1628.70 RUB Billion [+]
Government Revenues 12594628.70 869336150.10 3003669600.60 35000.00 RUB Million [+]
Government Debt 12591.30 12131.60 12591.30 2454.90 RUB Billion [+]
Fiscal Expenditure 10704677.60 7358625.00 33880685.60 44800.00 RUB Million [+]
Credit Rating 43.26 [+]
Military Expenditure 64193.00 66527.00 82576.00 16241.00 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 June 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 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 118159.12 Apr/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
Italy 78566.20 Mar/19
Japan 107734.40 Mar/19
Mexico 2143950.00 Mar/19
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56820.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94208.00 Mar/19
United States 3208.09 Mar/19


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