Government Spending in Russia decreased to 3930.20 RUB Billion in the third quarter of 2018 from 3972.90 RUB Billion in the second quarter of 2018. Government Spending in Russia averaged 2451.38 RUB Billion from 2003 until 2018, reaching an all time high of 3974.60 RUB Billion in the fourth quarter of 2017 and a record low of 1628.70 RUB Billion in the first quarter of 2003.

Government Spending in Russia is expected to be 4015.00 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 4032.00 in 12 months time. In the long-term, the Russia Government Spending is projected to trend around 4195.00 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 282.64 2745.68 3834.60 -2967.30 RUB Billion [+]
Government Spending 3930.20 3972.90 3974.60 1628.70 RUB Billion [+]
Government Revenues 33081510.00 3003669600.60 3003669600.60 35000.00 RUB Million [+]
Government Debt 12131.60 12096.70 12131.60 2454.90 RUB Billion [+]
Fiscal Expenditure 28456043.70 25670628.90 31989128.00 44800.00 RUB Million [+]
Credit Rating 43.26 [+]
Military Expenditure 55327.20 69245.30 69245.30 13615.80 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3930.20 3972.90 3974.60 1628.70 2003 - 2018 RUB Billion Quarterly
Constant Prices 2016, NSA




Country Last Previous
Argentina 95670.00 Sep/18
Australia 87057.00 Sep/18
Brazil 148423.72 Dec/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136541.00 Dec/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 283404.39 Dec/18
Italy 78350.00 Sep/18
Japan 107931.50 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643704.00 Sep/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92768.00 Dec/18
United States 3192.01 Sep/18


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