Russia recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2025. Government Budget in Russia averaged 0.56 percent of GDP from 1994 until 2025, reaching an all time high of 9.88 percent of GDP in 2005 and a record low of -7.90 percent of GDP in 2009. source: Ministry of Finance of the Russian Federation
Government Budget in Russia is expected to reach -2.80 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Government Budget is projected to trend around -2.50 percent of GDP in 2027 and -2.30 percent of GDP in 2028, according to our econometric models.