Russia: Fiscal balance, percent of GDP

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.

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.