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.