The ratio of government expenditure to GDP in Russia was forecast to decrease between 2024 and 2029 by in total 0.01 percentage points. This overall decrease does not happen continuously, notably not in 2026, 2027 and 2029. The ratio is estimated to amount to 37.31 percent in 2029. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Russia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/275349/government-expenditure-as-share-of-the-gross-domestic-product-gdp-in-russia/
IMF. "Russia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/275349/government-expenditure-as-share-of-the-gross-domestic-product-gdp-in-russia/
IMF. (2024). Russia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/275349/government-expenditure-as-share-of-the-gross-domestic-product-gdp-in-russia/
IMF. "Russia: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/275349/government-expenditure-as-share-of-the-gross-domestic-product-gdp-in-russia/
IMF, Russia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/275349/government-expenditure-as-share-of-the-gross-domestic-product-gdp-in-russia/ (last visited November 17, 2024)
Russia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/275349/government-expenditure-as-share-of-the-gross-domestic-product-gdp-in-russia/