Government Spending in Russia increased to 4409.70 RUB Billion in the second quarter of 2021 from 4344.10 RUB Billion in the first quarter of 2021. source: Federal State Statistics Service

Government Spending in Russia averaged 3087.92 RUB Billion from 2003 until 2021, reaching an all time high of 4409.70 RUB Billion in the second quarter of 2021 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 November of 2021.

Government Spending in Russia is expected to be 4541.00 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 4655.00 RUB Billion in 2022 and 4785.00 RUB Billion in 2023, according to our econometric models.

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Russia Government Spending

Related Last Previous Unit Reference
Government Spending 4409.70 4344.10 RUB Billion Jun/21
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.