India vs Russia: Goods and services expense

India
2.33 trillion current LCU
in 2022
Russia
2.52 trillion current LCU
in 2020
India rank
23rd
Russia rank
22nd

Goods and services expense over time

  • India
  • Russia
01.0T2.0T3.0T197419982022

How they compare

Russia currently reports 2.52 trillion current LCU against 2.33 trillion current LCU in India, a difference of 194.52 billion current LCU.

That makes Russia's figure about 1.1 times India's.

The two have swapped places 5 times across 23 shared years of data; in 1994 it was India ahead.

India ranks 23rd and Russia ranks 22nd of 155 countries.

Across the 3 decades both report, India averaged higher in 1 and Russia in 2.

Head to head by decade

Decade India Russia Difference Ahead
1990s 281.07 billion current LCU 105.12 billion current LCU 175.95 billion current LCU India
2000s 649.56 billion current LCU 820.01 billion current LCU 170.45 billion current LCU Russia
2010s 1.63 trillion current LCU 1.95 trillion current LCU 326.01 billion current LCU Russia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, India or Russia?
Russia, at 2.52 trillion current LCU against 2.33 trillion current LCU in India as of 2020.
What is the difference in goods and services expense between India and Russia?
194.52 billion current LCU, with Russia ahead.
How many years of comparable data are there for India and Russia?
23 years are reported by both, from 1994 to 2018.
How do India and Russia rank globally for goods and services expense?
India ranks 23rd and Russia ranks 22nd of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.