Russia recorded a Government Budget deficit equal to 1.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Russia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The budget balance in relation to the gross domestic product (GDP) in Russia stood at -1.6 percent in 2024. Between 1998 and 2024, the budget balance rose by 5.82 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by 0.49 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Russia recorded a government budget deficit of 4200 RUB Billion in October of 2025. This dataset provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Russia Consolidated Fiscal Balance: % of GDP

• Russia Consolidated Fiscal Balance recorded a deficit equal to 0.4 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 0.5 % in the previous quarter
• Russia Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1993 to Sep 2024, with an average ratio of -0.5 %
• The data reached an all-time high of 10.0 % in Sep 2006 and a record low of -9.5 % in Dec 1994

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from quarterly Consolidated Fiscal Balance and quarterly Nominal GDP. Federal Treasury provides year-to-date Consolidated Fiscal Balance in local currency. Federal State Statistics Service provides Nominal GDP in local currency based on SNA 2008. Nominal GDP prior to Q4 2011 is based on SNA 1993.


Further information about Russia Consolidated Fiscal Balance: % of GDP

• In the latest reports, Russia National Government Debt reached 291.7 USD bn in Jan 2025
• Russia Nominal GDP reached 494.7 USD bn in Mar 2023

The income of Russia's federal budget reached **** trillion Russian rubles in 2024, which was approximately *** trillion Russian rubles below its expenditure. In other words, Russia achieved a budget deficit in that year.

Monthly and long-term Russia Fiscal Balance data: historical series and analyst forecasts curated by FocusEconomics.

Russia Federal Government Surplus or Deficit: Year to Date data was reported at -3,472.002 RUB bn in Dec 2024. This records a decrease from the previous number of 578.458 RUB bn for Sep 2024. Russia Federal Government Surplus or Deficit: Year to Date data is updated quarterly, averaging 14.450 RUB bn from Mar 1993 (Median) to Dec 2024, with 128 observations. The data reached an all-time high of 3,086.472 RUB bn in Sep 2019 and a record low of -4,102.465 RUB bn in Dec 2020. Russia Federal Government Surplus or Deficit: Year to Date data remains active status in CEIC and is reported by Federal Treasury. The data is categorized under Global Database’s Russian Federation – Table RU.FB007: Federal Government Revenue and Expenditure: ytd: Quarterly.

Russia Consolidated Government Budget Balance: Year to Date data was reported at -1,860.299 RUB bn in Feb 2025. This records a decrease from the previous number of -720.630 RUB bn for Jan 2025. Russia Consolidated Government Budget Balance: Year to Date data is updated monthly, averaging 226.142 RUB bn from Jan 1993 (Median) to Feb 2025, with 386 observations. The data reached an all-time high of 4,625.466 RUB bn in Nov 2018 and a record low of -6,132.580 RUB bn in Feb 2023. Russia Consolidated Government Budget Balance: Year to Date data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.FA004: Consolidated Government Expenditure: ytd.

Russia recorded a Government Debt to GDP of 16.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - Russia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia RU: Central Government: Cash Surplus/Deficit data was reported at -980,724.439 RUB mn in 2017. This records an increase from the previous number of -2,932,640.339 RUB mn for 2016. Russia RU: Central Government: Cash Surplus/Deficit data is updated yearly, averaging -528,077.546 RUB mn from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 1,176,200.000 RUB mn in 2012 and a record low of -2,932,640.339 RUB mn in 2016. Russia RU: Central Government: Cash Surplus/Deficit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.IFS: Government Finance: Cash Flow Statement: Annual.

In 2024, the trade surplus of goods in Russia amounted to about ****** billion U.S. dollars, having sharply decreased from the previous year. The indicator is calculated as exports minus imports of goods. A positive value means a trade surplus; a negative trade balance means a trade deficit. Russia's politics and the effect on the economy Russia has maintained a positive trade balance over the last 10 years, but in 2009, Russian exports slumped significantly due to the economic crisis. Since then, Russia has recovered and the country reports a greater surplus now than it did prior to the crisis. However, Russia’s economy has been weakened recently because of reductions in global oil and gas prices, upon which the Russian economy is largely dependent, and because of international tensions as a result of Russia's invasion of Ukraine. In the past couple of years, Russia has often reacted with hostility to any developments seen as threatening, and as Russia continues to provoke international conflict, this will affect its economy and likely hurt existing trade relations with both import and export partners. As a result, GDP growth was negative in 2015. This has also contributed to significant reductions in GDP per capita, which will directly affect Russian citizens, and more so as Russia’s inflation is peaking, and the unemployment rate continues to rise. In 2015, the inflation rate was close to ** percent. Economic diversification beyond oil and gas in addition to maintaining trade relations would help Russia’s economy.

Russia Federal Government Deficit Financing data was reported at -1,668.019 RUB bn in Mar 2025. This records a decrease from the previous number of 995.000 RUB bn for Feb 2025. Russia Federal Government Deficit Financing data is updated monthly, averaging -10.200 RUB bn from Jan 1995 (Median) to Mar 2025, with 363 observations. The data reached an all-time high of 3,863.160 RUB bn in Dec 2022 and a record low of -1,668.019 RUB bn in Mar 2025. Russia Federal Government Deficit Financing data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.FB006: Federal Government Revenue and Expenditure: General.

Russia recorded a trade surplus of 13600 USD Million in September of 2025. This dataset provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the trade balance of services (exports minus imports of services) in Russia from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of services in Russia amounted to about ***** billion U.S. dollars.

Russia RU: Central Government: Cash Surplus/Deficit data was reported at 637,000.000 RUB mn in Jun 2018. This records an increase from the previous number of 571,800.000 RUB mn for Mar 2018. Russia RU: Central Government: Cash Surplus/Deficit data is updated quarterly, averaging 41,500.000 RUB mn from Mar 2012 (Median) to Jun 2018, with 26 observations. The data reached an all-time high of 703,400.000 RUB mn in Jun 2014 and a record low of -1,876,100.000 RUB mn in Dec 2014. Russia RU: Central Government: Cash Surplus/Deficit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.IFS: Government Finance: Cash Flow Statement: Quarterly.

Russia Reserve Fund: RUB Expenditure: Federal Budget Deficit Financing data was reported at 1,000,417.987 RUB mn in Dec 2017. This records an increase from the previous number of 0.000 RUB mn for Nov 2017. Russia Reserve Fund: RUB Expenditure: Federal Budget Deficit Financing data is updated monthly, averaging 0.000 RUB mn from Mar 2010 (Median) to Dec 2017, with 94 observations. The data reached an all-time high of 1,000,417.987 RUB mn in Dec 2017 and a record low of 0.000 RUB mn in Nov 2017. Russia Reserve Fund: RUB Expenditure: Federal Budget Deficit Financing data remains active status in CEIC and is reported by Federal Treasury. The data is categorized under Russia Premium Database’s Government and Public Finance – Table RU.FE004: Reserve Fund: Cash Flow (Discontinued).

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Russia from 2013 to 2023. In 2023, agriculture contributed around 3.35 percent to the GDP of Russia, 30.65 percent came from the industry and 56.88 percent from the service sector. Russia's struggling economy Russia is one of the so-called BRIC countries, the four major emerging markets. It is also considered to be one of the fastest growing economies, being one of the world’s leading producers and exporters of oil, natural gas, metals, wood, chemicals, and a wide variety of civilian and military manufactures. In 2015, Russia reported an estimated gross domestic product of about 1.18 billion U.S. dollars, making it one of the countries with the largest gross domestic product in the world. Due to its fast economic expansion, it is also predicted that Russia will have the sixth largest gross domestic product in the world by 2030. Despite a growing economy, Russia's unemployment rate has remained high in recent years. In 2010, the unemployment rate in Russia was at 7.3 percent, and after a slight plunge, it is expected to reach similar heights in the next few years again. Inflation has also increased rapidly in recent years, in 2015, it is expected to double in comparison to 2014, reaching approximately 18 percent - the highest inflation rate of the decade. 2015 is also marked by a large decline of Russia's gross domestic product: Between 2014 and 2015, GDP decreased by almost 5 thousand U.S. dollars. It is, however, expected to recover until 2020. Despite a trade deficit in the services sector from 2003 to 2013, the services sector in Russia has employed yearly over 55 percent of the workforce since 1999.

Russia Federal Government Deficit Financing: Net Domestic Financing incl Changes in Cash Balances data was reported at 269.042 RUB bn in Apr 2022. This records an increase from the previous number of -390.281 RUB bn for Mar 2022. Russia Federal Government Deficit Financing: Net Domestic Financing incl Changes in Cash Balances data is updated monthly, averaging -11.300 RUB bn from Jan 1999 (Median) to Apr 2022, with 280 observations. The data reached an all-time high of 1,988.907 RUB bn in Dec 2021 and a record low of -744.100 RUB bn in Jul 2008. Russia Federal Government Deficit Financing: Net Domestic Financing incl Changes in Cash Balances data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.FB006: Federal Government Revenue and Expenditure: General.

The ratio of the budget balance relative to the National Wealth Fund in Russia was measured at negative ***** percent from April and June 2020. The negative figure refers to the budget deficit. The ratio peaked in the fourth quarter of 2018, when the budget surplus of the country amounted to ** percent of the National Wealth Fund.

Russia Federal Government Deficit Financing: Net Domestic Financing: Change in Cash Balances data was reported at 2,736.647 RUB bn in Apr 2022. This records an increase from the previous number of -335.789 RUB bn for Mar 2022. Russia Federal Government Deficit Financing: Net Domestic Financing: Change in Cash Balances data is updated monthly, averaging -120.700 RUB bn from Jan 2004 (Median) to Apr 2022, with 220 observations. The data reached an all-time high of 2,736.647 RUB bn in Apr 2022 and a record low of -2,518.579 RUB bn in Jan 2015. Russia Federal Government Deficit Financing: Net Domestic Financing: Change in Cash Balances data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.FB006: Federal Government Revenue and Expenditure: General.