Government Spending in Russia increased to 4633.20 RUB Billion in the fourth quarter of 2022 from 4351.10 RUB Billion in the third quarter of 2022. source: Federal State Statistics Service

Government Spending in Russia averaged 3180.77 RUB Billion from 2003 until 2022, reaching an all time high of 4633.20 RUB Billion in the fourth quarter of 2022 and a record low of 1628.70 RUB Billion in the first quarter of 2003. This page provides - Russia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Spending - values, historical data and charts - was last updated on June of 2023.

Government Spending in Russia is expected to be 4560.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Government Spending is projected to trend around 4610.00 RUB Billion in 2024 and 4665.00 RUB Billion in 2025, according to our econometric models.

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Russia Government Spending

Related Last Previous Unit Reference
Government Spending 4633.20 4351.10 RUB Billion Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4633.20 4351.10 4633.20 1628.70 2003 - 2022 RUB Billion Quarterly
Constant Prices 2016, NSA