Expense in Russia
Russia: Expense was 52.23 trillion current LCU in 2023. ◆ Volatile
Expense in Russia, 1994–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Russia recorded 52.23 trillion current LCU for expense in 2023. That is the highest value across all 28 years on record.
That represents a change of up 6.0% on the previous year and up 190.8% over ten years.
Over the whole period, expense in Russia peaked at 52.23 trillion current LCU in 2023 and was at its lowest, 165.19 billion current LCU, in 1994.
Russia ranks 10th of 157 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 491.83 billion current LCU | 165.19 billion current LCU | 978.45 billion current LCU | 4 |
| 2000s | 5.13 trillion current LCU | 1.55 trillion current LCU | 12.46 trillion current LCU | 10 |
| 2010s | 22.48 trillion current LCU | 12.68 trillion current LCU | 32.46 trillion current LCU | 10 |
| 2020s | 45.24 trillion current LCU | 38.00 trillion current LCU | 52.23 trillion current LCU | 4 |
Countries ranked near Russia
More public sector data for Russia
- Arms imports 467.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 4.6% (2024)
- Taxes on goods and services 23.8% (2024)
- Net investment in nonfinancial assets 1.3% (2024)
- Net lending (+) / net borrowing (-) 1.6% (2024)
- Interest payments 2.4% (2020)
- Grants and other revenue 49.0% (2024)
- Interest payments 2.4% (2020)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is expense in Russia?
- Expense in Russia was 52.23 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Russia?
- The highest recorded value was 52.23 trillion current LCU in 2023.
- What is the lowest expense recorded in Russia?
- The lowest recorded value was 165.19 billion current LCU in 1994.
- How does Russia rank for expense?
- Russia ranks 10th out of 157 countries with data for 2023.
- Is expense rising or falling in Russia?
- Over the last ten years it is up 190.8%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.