Budget balance — all countries

Budget balance — Russia

Budget balance in Russia in 2031 — -2.8%. Ranked 111 in the world out of 188. Since 1998, the indicator has risen by 4.6 pp.

2031 -2.8% −0.3 pp vs 2030
World rank 111of 188
Period maximum 7.8%2006
Period minimum -7.4%1998

Trend over time

1998–2031 · % of GDP

Budget balance — Russia, 1998–2031-10-505101998200220062010201420182022202620301998: -7.4%1999: -3.6%2000: 3.1%2001: 3%2002: 0.7%2003: 1.4%2004: 4.6%2005: 7.6%2006: 7.8%2007: 5.6%2008: 4.5%2009: -5.9%2010: -3.2%2011: 1.4%2012: 0.4%2013: -1.2%2014: -1.1%2015: -3.4%2016: -3.7%2017: -1.5%2018: 2.9%2019: 1.9%2020: -4%2021: 0.8%2022: -1.3%2023: -2.2%2024: -1.6%2025: -3.9%2026: -2%2027: -2.4%2028: -3.1%2029: -2.4%2030: -2.5%2031: -2.8%
Change over the period: +4.6 pp Annual average: 0.14 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Russia

Russia -2.8%
World computed -4.85%
Europe & Central Asia computed -2.49%
Eastern Europe computed -3.65%
High-income countries computed -4.26%
Budget balance — Russia, by year Russia All countries CSV XLSX
Year % Change, pp
2031 -2.8 −0.3 pp
2030 -2.5 −0.1 pp
2029 -2.4 +0.7 pp
2028 -3.1 −0.7 pp
2027 -2.4 −0.4 pp
2026 -2 +1.9 pp
2025 -3.9 −2.3 pp
2024 -1.6 +0.6 pp
2023 -2.2 −0.9 pp
2022 -1.3 −2.1 pp
2021 0.8 +4.8 pp
2020 -4 −5.9 pp
2019 1.9 −1 pp
2018 2.9 +4.4 pp
2017 -1.5 +2.2 pp
2016 -3.7 −0.3 pp
2015 -3.4 −2.3 pp
2014 -1.1 +0.1 pp
2013 -1.2 −1.6 pp
2012 0.4 −1 pp
2011 1.4 +4.6 pp
2010 -3.2 +2.7 pp
2009 -5.9 −10.4 pp
2008 4.5 −1.1 pp
2007 5.6 −2.2 pp
2006 7.8 +0.2 pp
2005 7.6 +3 pp
2004 4.6 +3.2 pp
2003 1.4 +0.7 pp
2002 0.7 −2.3 pp
2001 3 −0.1 pp
2000 3.1 +6.7 pp
1999 -3.6 +3.8 pp
1998 -7.4

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.