The Russian federal government recorded a budget deficit of RUB 5.2 trillion in January-September 2026, equivalent to 2.2% of GDP, up from RUB 3.5 trillion in the same period a year earlier, according to preliminary estimates from the Finance Ministry. The shortfall remains below the full-year target of RUB 7.3 trillion, or 3.2% of GDP. Federal expenditures climbed by 14.5% year-on-year to RUB 34.825 trillion, while revenues rose by 10% to RUB 29.639 trillion. Non-oil-and-gas revenues increased by 18.8% to RUB 24.168 trillion, partly offsetting a 17.2% decline in oil and gas revenues to RUB 5.471 trillion. The ministry attributed the drop in energy revenue partly to a lower average dollar exchange rate during the period and higher payments under the fuel price damping mechanism. source: Federal Treasury Of Russia

Russia recorded a government budget deficit of 5186 RUB Billion in September of 2026. Government Budget Value in Russia averaged -115.36 RUB Billion from 1996 until 2026, reaching an all time high of 3442.69 RUB Billion in November of 2018 and a record low of -6455.00 RUB Billion in July of 2026. This page provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.



Related Last Previous Unit Reference
Fiscal Expenditure 34825.00 31724.00 RUB Billion Sep 2026
Government Budget Value -5186.00 -5795.00 RUB Billion Sep 2026
Government Debt to GDP 18.30 16.10 percent of GDP Dec 2025
Government Revenues 29639.00 25929.00 RUB Million Sep 2026


Russia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-5186.00 -5795.00 3442.69 -6455.00 1996 - 2026 RUB Billion Monthly
Current Prices, CMLV

News Stream
Russia Government Budget Gap Widens in January-September
The Russian federal government recorded a budget deficit of RUB 5.2 trillion in January-September 2026, equivalent to 2.2% of GDP, up from RUB 3.5 trillion in the same period a year earlier, according to preliminary estimates from the Finance Ministry. The shortfall remains below the full-year target of RUB 7.3 trillion, or 3.2% of GDP. Federal expenditures climbed by 14.5% year-on-year to RUB 34.825 trillion, while revenues rose by 10% to RUB 29.639 trillion. Non-oil-and-gas revenues increased by 18.8% to RUB 24.168 trillion, partly offsetting a 17.2% decline in oil and gas revenues to RUB 5.471 trillion. The ministry attributed the drop in energy revenue partly to a lower average dollar exchange rate during the period and higher payments under the fuel price damping mechanism.
2026-10-12
Russia Government Budget Widens in January-August
The Russian federal government recorded a budget shortfall of RUB 5.8 trillion in January-August 2026, or 2.5% of the GDP, up from RUB 3.9 trillion in the same period a year ago, according to preliminary estimates. The figure remains well above the full-year target of RUB 3.8 trillion, equivalent to 1.6% of GDP. Federal expenditures climbed by 14.7% year-on-year to RUB 31.724 trillion, while revenues rose by just 9.2% to RUB 25.929 trillion. Non-oil-and-gas revenue climbed by 18.1% to RUB 20.9 trillion, partly offsetting a 16.7% decline in oil and gas revenue to RUB 5 trillion. Russia posted a budget surplus of RUB 660 billion in August, its biggest monthly surplus in a year, according to Bloomberg calculations based on Finance Ministry data, driven in part by dividend payments from state-owned banks and companies.
2026-09-09
Russia Federal Budget Gap Widens in January-June
The Russian federal government ran a budget deficit of RUB 5.73 trillion in January-June 2026, or 2.5% of the GDP, larger than RUB 3.39 trillion in the same period a year ago, according to preliminary estimates. Federal expenditures jumped by 16.1% year-on-year to RUB 24.35 trillion, while revenues rose by 5.8% to RUB 18.62 trillion.
2026-07-09