Fiscal balance to GDP ratio in Russia 2021-2026

Published by Statista Research Department, Nov 22, 2024

The ratio of Russia's general government balance to the country's gross domestic product (GDP) was estimated at negative 2.3 percent in 2023. Furthermore, the figures were forecast to remain negative in the following three years. Over the observed period, the highest share of the fiscal balance to GDP was measured at 0.8 percent in 2021.

Share of general government balance in the gross domestic product (GDP) in Russia from 2021 to 2026

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Release date

April 2024

Region

Russia

Survey time period

2021 to 2023

Supplementary notes

*Estimate.
**Forecast.

General government balance represents a difference between government's proposed revenues and spending for a fiscal year.

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