Russia Government Budget
Russia recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2013. Government Budget in Russia averaged 1.75 Percent of GDP from 1994 until 2013, reaching an all time high of 9.88 Percent of GDP in 2005 and a record low of -7.90 Percent of GDP in 2009. Government Budget in Russia is reported by the Ministry of Finance of the Russian Federation.
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||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Russia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.