Russia: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Russia

Fiscal balance, percent of GDP

 Latest value 0.77
 Reference 2021
 Measure percent
 Source International Monetary Fund (IMF)

For that indicator, we provide data for Russia from 1998 to 2021. The average value for Russia during that period was 0.45 percent with a minimum of -7.42 percent in 1998 and a maximum of 7.8 percent in 2006. The latest value from 2021 is 0.77 percent. For comparison, the world average in 2021 based on 162 countries is -4.14 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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