The Russian Federal Government ran a budget deficit of RUB 4.9 trillion in the first seven months of 2025, or 2.2% of the GDP, up sharply from RUB 1.4 trillion during the same period in 2024, according to preliminary data from the Finance Ministry. The figure exceeds the government’s revised target of 1.7% of GDP, which was tripled in May due to falling oil prices and new US tariffs. Total government spending jumped 20.8% year-on-year to RUB 25.19 trillion, while revenues increased by just 2.8% to RUB 20.32 trillion. source: Federal Treasury Of Russia

Russia recorded a government budget deficit of 4900 RUB Billion in July of 2025. Government Budget Value in Russia averaged 64.14 RUB Billion from 1996 until 2025, reaching an all time high of 3442.69 RUB Billion in November of 2018 and a record low of -4900.00 RUB Billion in July of 2025. This page provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.



Related Last Previous Unit Reference
Fiscal Expenditure 25194.00 21278.00 RUB Billion Jul 2025
Government Budget Value -4900.00 -3690.00 RUB Billion Jul 2025
Government Debt to GDP 16.40 16.70 percent of GDP Dec 2024
Government Revenues 20315.00 17585.00 RUB Million Jul 2025



Russia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-4900.00 -3690.00 3442.69 -4900.00 1996 - 2025 RUB Billion Monthly
Current Prices, CMLV

News Stream
Russian Federal Budget Gap Swells in Jan-July
The Russian Federal Government ran a budget deficit of RUB 4.9 trillion in the first seven months of 2025, or 2.2% of the GDP, up sharply from RUB 1.4 trillion during the same period in 2024, according to preliminary data from the Finance Ministry. The figure exceeds the government’s revised target of 1.7% of GDP, which was tripled in May due to falling oil prices and new US tariffs. Total government spending jumped 20.8% year-on-year to RUB 25.19 trillion, while revenues increased by just 2.8% to RUB 20.32 trillion.
2025-08-07
Russian Federal Budget Deficit Rises in Jan-June
The Russian Federal Government recorded a budget gap of RUB 3.7 trillion in the first six months of 2025, or 1.7% of the GDP, from RUB 0.9 trillion in the same period last year, according to preliminary data from the finance ministry. The current figure aligned with the government's target for the year. Russia raised the 2025 budget estimate to 1.7% of the GDP in April from 0.5% after reducing the energy revenue forecast by 24%, amid an expected prolonged period of low oil prices. Spending during this period surged by 20.2% to RUB 21.28 trillion while revenues rose by only 2.8% RUB 17.6 trillion.
2025-07-07
Russian Federal Budget Deficit Widens in Jan-May
The Russian Federal Government posted a budget gap of RUB 3.4 trillion in the first five months of 2025, or 1.5% of the GDP, from RUB 730.4 billion in the same period last year, according to preliminary data from the finance ministry. The current figure is much higher than last year’s 0.4% of GDP deficit for the same period. "This is mainly due to the accelerated financing of expenses in January of this year, as well as the decrease in oil and gas revenue inflows, but it will not affect the execution of the target parameters of the structural balance for the year 2025 overall," the ministry said in a statement. Total government spending jumped 20.7%, while revenues rose 3.1%.
2025-06-10