Government Spending in Russia increased to 4369.80 RUB Billion in the fourth quarter of 2021 from 4340.50 RUB Billion in the third quarter of 2021. source: Federal State Statistics Service

Government Spending in Russia averaged 3115.88 RUB Billion from 2003 until 2021, reaching an all time high of 4394.10 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 July of 2022.

Government Spending in Russia is expected to be 3867.00 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 3794.00 RUB Billion in 2023 and 3851.00 RUB Billion in 2024, according to our econometric models.

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Russia Government Spending

Related Last Previous Unit Reference
Government Spending 4369.80 4340.50 RUB Billion Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
4369.80 4340.50 4394.10 1628.70 2003 - 2021 RUB Billion Quarterly
Constant Prices 2016, NSA