Russia Forecast: Government Expenditure

1998 - 2028 | Yearly | RUB bn | International Monetary Fund

Key information about Russia Forecast: Government Expenditure

  • Russia Government Expenditure is forecasted to be 60,606.570 RUB bn in Dec 2024 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 57,615.790 RUB bn in Dec 2023.
  • Looking ahead, Russia Government Expenditure is projected to stand at 65,352.080 RUB bn in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View Russia's Forecast: Government Expenditure from 1998 to 2028 in the chart:

Russia Forecast: Government Expenditure

What is Russia's Forecast: Government Expenditure in 2028?

Russia Government Expenditure is forecasted to be 60,606.570 RUB bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
65,352.080 2028 64,023.190 2027 1,118.110 1998 65,352.080 2028 RUB bn yearly 1998 - 2028

Forecast: Government Expenditure by Country Comparison

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Includes Forecast: Government Expenditure on 195 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (AFA bn) 219.373 2021 yearly 2002 - 2021
Albania (ALL bn) 1,003.860 2028 yearly 1997 - 2028
Algeria (DZD bn) 16,122.290 2028 yearly 1990 - 2028
Andorra (%) 36.271 2028 yearly 2001 - 2028
Angola (AOA bn) 25,453.760 2028 yearly 1996 - 2028
Antigua and Barbuda (XCD bn) 1.537 2028 yearly 1990 - 2028
Argentina (ARS bn) 553,829.690 2028 yearly 1993 - 2028
Armenia (AMD bn) 4,073.820 2028 yearly 2005 - 2028
Aruba (%) 21.292 2028 yearly 1995 - 2028
Australia (AUD bn) 1,137.330 2028 yearly 1988 - 2028
Austria (EUR bn) 295.369 2028 yearly 1988 - 2028
Azerbaijan (AZN bn) 46.691 2028 yearly 1994 - 2028
Bahamas (BSD bn) 3.946 2028 yearly 1990 - 2028
Bahrain (BHD bn) 5.301 2028 yearly 1990 - 2028
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 4.855 2029 yearly 1995 - 2029
Belarus (BYN bn) 101.428 2028 yearly 2001 - 2028
Belgium (EUR bn) 386.316 2028 yearly 1980 - 2028
Belize (BZD bn) 1.799 2028 yearly 1996 - 2028
Benin (XOF bn) 3,524.550 2028 yearly 1989 - 2028
Bhutan (BTN bn) 116.449 2028 yearly 1981 - 2028
Bolivia (BOB bn) 130.717 2028 yearly 1984 - 2028
Bosnia and Herzegovina (BAM bn) 26.003 2028 yearly 1998 - 2028
Botswana (BWP bn) 115.893 2029 yearly 1981 - 2029
Brazil (BRL bn) 6,554.330 2028 yearly 2001 - 2028
Brunei (BND bn) 6.082 2028 yearly 1980 - 2028
Bulgaria (BGN bn) 89.780 2028 yearly 1998 - 2028
Burkina Faso (XOF bn) 4,719.590 2028 yearly 1985 - 2028
Burundi (BIF bn) 6,350.970 2028 yearly 1990 - 2028
Cambodia (KHR bn) 53,931.190 2028 yearly 1996 - 2028
Cameroon (XAF bn) 6,596.640 2028 yearly 2000 - 2028
Canada (CAD bn) 1,420.940 2028 yearly 1980 - 2028
Cape Verde (CVE bn) 95.916 2028 yearly 1994 - 2028
Central African Republic (XAF bn) 401.735 2028 yearly 1988 - 2028
Chad (XAF bn) 1,610.710 2028 yearly 1995 - 2028
Chile (CLP bn) 94,645.820 2028 yearly 1990 - 2028
China (RMB bn) 58,979.220 2028 yearly 1982 - 2028
Colombia (COP bn) 710,187.230 2028 yearly 1982 - 2028
Comoros (KMF bn) 148.616 2028 yearly 1984 - 2028
Congo (XAF bn) 2,298.280 2028 yearly 1989 - 2028
Costa Rica (CRC bn) 11,254.490 2028 yearly 1990 - 2028
Croatia (EUR bn) 43.076 2028 yearly 1992 - 2028
Cyprus (EUR bn) 14.710 2028 yearly 1995 - 2028
Czech Republic (CZK bn) 4,115.800 2028 yearly 1995 - 2028
Democratic Republic of Congo (CDF bn) 54,625.080 2028 yearly 1996 - 2028
Denmark (DKK bn) 1,679.330 2028 yearly 1980 - 2028
Djibouti (DJF bn) 226.720 2028 yearly 1990 - 2028
Dominica (XCD bn) 1.070 2028 yearly 1990 - 2028
Dominican Republic (DOP bn) 1,795.320 2028 yearly 1997 - 2028
Ecuador (USD bn) 49.173 2028 yearly 1995 - 2028
Egypt (EGP bn) 7,851.790 2028 yearly 1999 - 2028
El Salvador (SVC bn) 12.864 2028 yearly 1990 - 2028
Equatorial Guinea (XAF bn) 1,407.840 2028 yearly 1980 - 2028
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 21.623 2028 yearly 1995 - 2028
Swaziland (SZL bn) 37.386 2029 yearly 1981 - 2029
Ethiopia (ETB bn) 2,997.770 2028 yearly 1980 - 2028
Fiji (FJD bn) 5.348 2028 yearly 1992 - 2028
Finland (EUR bn) 177.874 2028 yearly 1980 - 2028
France (EUR bn) 1,830.670 2028 yearly 1980 - 2028
Gabon (XAF bn) 3,095.810 2028 yearly 1990 - 2028
Gambia (GMD bn) 48.615 2028 yearly 2000 - 2028
Georgia (GEL bn) 33.921 2028 yearly 1995 - 2028
Germany (EUR bn) 2,361.670 2028 yearly 1991 - 2028
Ghana (GHS bn) 372.947 2028 yearly 1980 - 2028
Greece (EUR bn) 118.753 2028 yearly 1980 - 2028
Grenada (XCD bn) 1.293 2028 yearly 1990 - 2028
Guatemala (GTQ bn) 160.532 2028 yearly 1995 - 2028
Guinea (GNF bn) 65,837.330 2028 yearly 1990 - 2028
Guinea-Bissau (GWP bn) 349.819 2028 yearly 1991 - 2028
Guyana (GYD bn) 905.157 2028 yearly 1997 - 2028
Haiti (HTG bn) 671.181 2028 yearly 1997 - 2028
Honduras (HNL bn) 331.467 2028 yearly 1990 - 2028
Hong Kong SAR, China (HKD bn) 899.376 2029 yearly 1982 - 2029
Hungary (HUF bn) 45,892.500 2028 yearly 1995 - 2028
Iceland (ISK bn) 2,331.340 2028 yearly 1980 - 2028
India (INR bn) 134,808.530 2029 yearly 1989 - 2029
Indonesia (IDR bn) 5,143,598.410 2028 yearly 1993 - 2028
Iran (IRR bn) 88,375,352.640 2029 yearly 1991 - 2029
Iraq (IQD bn) 179,493.930 2028 yearly 2004 - 2028
Ireland (EUR bn) 149.589 2028 yearly 1980 - 2028
Israel (ILS bn) 976.730 2028 yearly 2000 - 2028
Italy (EUR bn) 1,156.730 2028 yearly 1988 - 2028
Ivory Coast (XOF bn) 14,790.110 2028 yearly 1997 - 2028
Jamaica (JMD bn) 1,158.660 2029 yearly 1991 - 2029
Japan (JPY bn) 268,418.980 2028 yearly 1980 - 2028
Jordan (JOD bn) 13.878 2028 yearly 1985 - 2028
Kazakhstan (KZT bn) 41,918.930 2028 yearly 2002 - 2028
Kenya (KES bn) 5,655.330 2028 yearly 1982 - 2028
Kiribati (AUD bn) 0.502 2028 yearly 1990 - 2028
South Korea (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Kosovo (EUR bn) 3.968 2028 yearly 2000 - 2028
Kuwait (KWD bn) 28.396 2028 yearly 1985 - 2028
Kyrgyzstan (KGS bn) 632.600 2028 yearly 1995 - 2028
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 21.865 2028 yearly 1998 - 2028
Lebanon (LBP bn) 61,857.670 2022 yearly 1990 - 2022
Lesotho (LSL bn) 31.496 2029 yearly 1983 - 2029
Liberia (LRD bn) 1.645 2028 yearly 2000 - 2028
Libya (LYD bn) 131.563 2028 yearly 1990 - 2028

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Russia Key Series

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Includes 264 key indicators for Russia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.8 Sep 2023 quarterly Dec 1993 - Sep 2023
Consolidated Fiscal Balance (USD mn) 5,598.012 Jan 2024 monthly Jan 1993 - Jan 2024
Tax Revenue (USD mn) 24,576.743 Jan 2024 monthly Jan 1996 - Jan 2024
Tax Revenue: % of GDP (%) 21.7 Dec 2023 quarterly Mar 1996 - Dec 2023
National Government Debt (USD mn) 281,621.2 Feb 2024 monthly May 2009 - Feb 2024
Government Debt: % of GDP (%) 15.7 Sep 2023 quarterly Dec 2011 - Sep 2023
Forecast: Government Expenditure (RUB bn) 65,352.080 2028 yearly 1998 - 2028
Forecast: Government Net Debt (RUB bn) 35,477.290 2028 yearly 1997 - 2028
Forecast: Government Revenue (RUB bn) 65,847.280 2028 yearly 1998 - 2028
Consolidated Government Revenue: ytd: Taxes & Contributions for Social Needs (RUB bn) 1,033.665 Jan 2024 monthly Jun 2006 - Jan 2024
Consolidated Government Revenue: ytd: ow Excise Tax: Goods Imported in Russia (RUB bn) 12.771 Jan 2024 monthly Aug 2003 - Jan 2024
Consolidated Government Revenue: ytd: ow Excise Tax: Goods Produced in Russia (RUB bn) -75.986 Jan 2024 monthly Aug 2003 - Jan 2024
Consolidated Government Revenue: ytd: ow VAT: Goods, Works, Services Imported in... (RUB bn) 348.196 Jan 2024 monthly Jan 2005 - Jan 2024
Consolidated Government Budget Balance: ytd (RUB bn) 498.125 Jan 2024 monthly Jan 1993 - Jan 2024
Domestic Debt (RUB bn) 20,989.558 Feb 2024 monthly Dec 2008 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.711 2028 yearly 1993 - 2028
Trade Balance (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Total Exports (USD mn) 32,935.8 Jan 2023 monthly Jan 1998 - Jan 2023
Total Exports Growth (%) -28.2 Jan 2023 monthly Jan 1999 - Jan 2023
Aluminum: Exports (USD th) 8,678,074.121 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 669,474.170 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 853,839.583 2022 yearly 1995 - 2022
Total Imports (USD mn) 22,203.9 Jan 2023 monthly Jan 1998 - Jan 2023
Total Imports Growth (%) -4.8 Jan 2023 monthly Jan 1999 - Jan 2023
Imports: Medicament (USD th) 9,142,933.576 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 3,782,568.965 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 968.400 Jan 2022 monthly Mar 2004 - Jan 2022
Total Imports from USA (USD mn) 1,311.100 Jan 2022 monthly Jan 1992 - Jan 2022
Total Exports to China (USD mn) 5,804.600 Jan 2022 monthly Mar 2004 - Jan 2022
Total Imports from China (USD mn) 7,204.900 Jan 2022 monthly Jan 1992 - Jan 2022
MED Forecast: World Urals Price: Baseline Scenario (USD/Barrel) 70.017 2026 yearly 2020 - 2026
MED Forecast: World Urals Price: Conservative Scenario (USD/Barrel) 56.496 2026 yearly 2020 - 2026
MED Forecast: GDP Deflator: YoY: Conservative Scenario (%) 3.665 2026 yearly 2020 - 2026
MED Forecast: Real GDP Growth: YoY: Baseline Scenario (%) 2.242 2026 yearly 2020 - 2026
MED Forecast: Real GDP Growth: YoY: Conservative Scenario (%) 1.520 2026 yearly 2020 - 2026
MED Forecast: GDP Deflator: YoY: Baseline Scenario (%) 3.679 2026 yearly 2020 - 2026
Foreign Trade Balance: Central Bank (USD mn) 7,650.000 Feb 2024 monthly Jan 1997 - Feb 2024
Foreign Trade Turnover: CB: Quarterly: Export of Goods (USD bn) 106.633 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Trade Turnover: CB: Quarterly: Export of Services: sa (USD bn) 15.431 Dec 2021 quarterly Mar 1994 - Dec 2021
Foreign Trade Turnover: CB: Quarterly: Import of Goods (USD bn) 75.649 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Trade Turnover: CB: Quarterly: Import of Services: sa (USD bn) 21.231 Dec 2021 quarterly Mar 1994 - Dec 2021
MED Forecast: Export Products: Conservative Scenario (USD bn) 463.594 2024 yearly 2020 - 2024
MED Forecast: Import Products: Baseline Scenario (USD bn) 335.491 2026 yearly 2020 - 2026
MED Forecast: Import Products: Conservative Scenario (USD bn) 317.603 2024 yearly 2020 - 2024
Exports: ytd: Turkey (USD mn) 4,261.700 Jan 2022 monthly Feb 2004 - Jan 2022
Exports: ytd: European Union: Netherlands (USD mn) 4,802.400 Jan 2022 monthly Feb 2004 - Jan 2022
Imports: ytd: Clothing (USD mn) 657.500 Jan 2022 monthly Dec 2004 - Jan 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,253.2 Dec 2023 quarterly Mar 1994 - Dec 2023
Current Account Balance (USD mn) 600.0 Dec 2023 monthly Jan 2012 - Dec 2023
Current Account Balance: % of GDP (%) 2.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Direct Investment (USD mn) -3,075.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.1 Dec 2022 quarterly Mar 1994 - Dec 2022
Foreign Portfolio Investment (USD mn) -978.090 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.3 Jun 2023 quarterly Mar 1994 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -476.2 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -501.870 Dec 2023 quarterly Mar 1994 - Dec 2023
External Debt (USD mn) 304,007.0 Mar 2024 quarterly Dec 2000 - Mar 2024
External Debt: % of GDP (%) 15.7 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 88,886.6 Dec 2023 quarterly Dec 2001 - Dec 2023
External Debt: Short Term: % of GDP (%) 4.4 2023 yearly 2001 - 2023
Forecast: Current Account Balance (USD bn) 45.538 2028 yearly 1992 - 2028
Net International Investment Position (USD mn) 828,779.340 Sep 2023 quarterly Dec 2013 - Sep 2023
RU: BoP: Financial Account: Official Reserve Assets (USD mn) 15,384.980 Dec 2019 quarterly Mar 1994 - Dec 2019
RU: BoP: Net Errors & Omissions (USD mn) 1,003.680 Dec 2019 quarterly Mar 1994 - Dec 2019
RU: BoP: Financial Account: Other Investment: Liabilities (USD mn) 261.490 Dec 2019 quarterly Mar 1994 - Dec 2019
BoP: Current Account: sa: Goods (USD mn) 59,772.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Primary Income (USD mn) -4,919.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Goods: Imports (USD mn) 79,354.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Services (USD mn) -5,800.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Services: Exports (USD mn) 15,431.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Services: Imports (USD mn) 21,231.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Secondary Income (USD mn) -1,569.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Primary Income: Receivable (USD mn) 8,534.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Primary Income: Payable (USD mn) 13,453.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Secondary Income: Payable (USD mn) 3,928.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: Current Account: sa: Goods: Exports (USD mn) 139,127.000 Dec 2021 quarterly Mar 1994 - Dec 2021
BoP: Current Account: sa: Secondary Income: Receivable (USD mn) 2,359.000 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: AP: Balance from Current and Capital Account (USD mn) 10,239.400 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: AP: Capital Account (USD mn) -1,260.470 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: NP: FA: Direct Investment: Net Incurrence of Liabilities (USD mn) 1,416.580 Dec 2018 quarterly Mar 2000 - Dec 2018
BoP: CA: Secondary Income: FC: Personal Transfers (Current Transfers between Res... (USD mn) -2,497.700 Dec 2018 quarterly Mar 1994 - Dec 2018
BoP: CA: Secondary Income: FC: Personal Transfers: Credit (USD mn) 1,195.990 Dec 2018 quarterly Mar 1994 - Dec 2018
BoP: CA: Secondary Income: FC: Personal Transfers: Debit (USD mn) 3,693.690 Dec 2018 quarterly Mar 1994 - Dec 2018
FDI: BoP Data: Inward (USD mn) 13,120.334 Dec 2021 quarterly Mar 1994 - Dec 2021
FDI: BoP Data: Outward (USD mn) 27,837.445 Dec 2021 quarterly Mar 1994 - Dec 2021
External Debt: Long Term (USD mn) 227,960.810 Dec 2023 quarterly Dec 2002 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 16.8 Nov 2020 monthly Jun 2009 - Nov 2020
Household Debt: % of GDP (%) 21.1 Sep 2023 quarterly Dec 2000 - Sep 2023
Money Supply M1 (USD mn) 537,381.407 Feb 2024 monthly Dec 2007 - Feb 2024
Money Supply M2 (USD mn) 1,082,212.537 Feb 2024 monthly Jun 1992 - Feb 2024
M2 Growth (%) 18.4 Feb 2024 monthly Dec 1992 - Feb 2024
Reserve Requirement Ratio (%) 4.5 Mar 2024 monthly Jul 2004 - Mar 2024
Foreign Exchange Reserves (USD mn) 401,988.0 Feb 2024 monthly Dec 1996 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 18.828 Sep 2023 quarterly Dec 2011 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 19.1 Jan 2023 monthly Jan 1998 - Jan 2023
Gold Reserves (USD mn) 152,521.000 Feb 2024 monthly Dec 1993 - Feb 2024
Total Deposits (USD mn) 972,721.967 Jan 2022 monthly Jan 1998 - Jan 2022
Total Deposits Growth (%) 14.1 Jan 2022 monthly Jan 1999 - Jan 2022
Domestic Credit (USD mn) 1,320,578.6 Feb 2024 monthly Dec 2000 - Feb 2024
Domestic Credit Growth (%) 24.6 Feb 2024 monthly Dec 2001 - Feb 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.000 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 375.478 Sep 2023 quarterly Mar 1998 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 1,698.238 Sep 2023 quarterly Jun 1995 - Sep 2023
Household Debt (USD mn) 391,435.0 Feb 2024 monthly Dec 2000 - Feb 2024
Total Loans (USD mn) 1,199,473.962 Dec 2023 monthly Sep 2002 - Dec 2023
Total Loans Growth (%) 24.32 Dec 2023 monthly Sep 2003 - Dec 2023
Private Debt: % of Nominal GDP (%) 57.84 Sep 2023 quarterly Sep 2002 - Sep 2023
Banking System Survey: Domestic Claims (RUB mn) 54,882,039.000 Apr 2019 monthly Dec 2014 - Apr 2019
Loans Debt (RUB bn) 107,578.781 Dec 2023 monthly Sep 2002 - Dec 2023
Loans: As % of Total: Loss (%) 7.379 Nov 2020 monthly Jun 2009 - Nov 2020
Credit Institutions: Total Assets (RUB mn) 166,815,808.642 Jan 2024 monthly Jan 1999 - Jan 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.0 Feb 2024 monthly Jan 2006 - Feb 2024
Entrepreneur Confidence Indicator: Construction (% Point) -20.000 Mar 2019 quarterly Jun 2002 - Mar 2019

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