Government Spending in Russia decreased to 4035.60 RUB Billion in the first quarter of 2019 from 4067.40 RUB Billion in the fourth quarter of 2018. Government Spending in Russia averaged 2659.50 RUB Billion from 2003 until 2019, reaching an all time high of 4067.40 RUB Billion in the fourth quarter of 2018 and a record low of 1628.70 RUB Billion in the first quarter of 2003.

Government Spending in Russia is expected to be 3985.00 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 4108.00 in 12 months time. In the long-term, the Russia Government Spending is projected to trend around 4295.00 RUB Billion in 2020, according to our econometric models.

Russia Government Spending
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Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 13.50 12.90 92.10 6.50 percent [+]
Government Budget 2.70 -1.50 9.88 -7.90 percent of GDP [+]
Government Budget Value 2560.62 2027.84 3834.60 -2967.30 RUB Billion [+]
Government Spending 4035.60 4067.40 4067.40 1628.70 RUB Billion [+]
Government Revenues 22508530.20 18583517.80 36916898.80 35000.00 RUB Million [+]
Government Debt 12803.20 12591.30 12803.20 2454.90 RUB Billion [+]
Fiscal Expenditure 18951572.90 15946164.70 33880685.60 44800.00 RUB Million [+]
Credit Rating 43.26 [+]
Military Expenditure 64193.00 66527.00 82576.00 16241.00 USD Million [+]


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. This page provides - Russia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Spending - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4035.60 4067.40 4067.40 1628.70 2003 - 2019 RUB Billion Quarterly
Constant Prices 2016, NSA




Country Last Previous
Argentina 94555.00 Jun/19
Australia 91328.00 Jun/19
Brazil 120212.48 Jul/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58162.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 94259.00 Jun/19
United States 3293.82 Jun/19


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