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.