Name: Russia Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Russia,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2023,2024,2025

Government Spending in Russia increased to 6411.60 RUB Billion in the second quarter of 2024 from 6252.70 RUB Billion in the first quarter of 2024. Government Spending in Russia averaged 4150.67 RUB Billion from 2003 until 2024, reaching an all time high of 6499.20 RUB Billion in the fourth quarter of 2023 and a record low of 1628.70 RUB Billion in the first quarter of 2003. source: Federal State Statistics Service

Government Spending in Russia is expected to be 6727.00 RUB Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

Related	Last	Previous	Unit	Reference
Credit Rating	14.00			Nov 2024
Fiscal Expenditure	29889.00	26120.00	RUB Billion	Oct 2024
Government Budget	-1.90	-2.30	percent of GDP	Dec 2023
Government Budget Value	-220.00	169.00	RUB Billion	Oct 2024
Government Debt	20586.54	20564.50	RUB Billion	Apr 2024
Government Debt to GDP	14.90	16.00	percent of GDP	Dec 2023
Government Revenues	29668.00	26289.00	RUB Million	Oct 2024
Government Spending	6411.60	6252.70	RUB Billion	Jun 2024
Holidays
Military Expenditure	109454.40	102366.60	USD Million	Dec 2023

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.