Expense in Russia

Russia: Expense was 52.23 trillion current LCU in 2023. ◆ Volatile

Latest (2023)
52.23 trillion current LCU
Change on year
up 6.0%
World rank
10th
of 157 countries
All-time high
52.23 trillion current LCU
in 2023
All-time low
165.19 billion current LCU
in 1994
Years of data
28
1994–2023

Expense in Russia, 1994–2023

020.0T40.0T60.0T1994200820231994: 165.2B current LCU1995: 165.2B current LCU1998: 658.5B current LCU1999: 978.4B current LCU2000: 1.5T current LCU2001: 2.0T current LCU2002: 2.4T current LCU2003: 3.0T current LCU2004: 3.7T current LCU2005: 4.3T current LCU2006: 5.2T current LCU2007: 7.6T current LCU2008: 8.9T current LCU2009: 12.5T current LCU2010: 12.7T current LCU2011: 14.0T current LCU2012: 16.5T current LCU2013: 18.0T current LCU2014: 20.9T current LCU2015: 25.5T current LCU2016: 26.6T current LCU2017: 28.2T current LCU2018: 30.1T current LCU2019: 32.5T current LCU2020: 38.0T current LCU2021: 41.5T current LCU2022: 49.3T current LCU2023: 52.2T current LCU

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.

Expense in Russia, year by year

Annual values for Expense (current LCU) in Russia, 1994 to 2023.
Year current LCU Change
1994 165.19 billion current LCU
1995 165.19 billion current LCU +0.0%
1998 658.50 billion current LCU +298.6%
1999 978.45 billion current LCU +48.6%
2000 1.55 trillion current LCU +58.0%
2001 2.04 trillion current LCU +31.7%
2002 2.44 trillion current LCU +19.9%
2003 3.04 trillion current LCU +24.7%
2004 3.67 trillion current LCU +20.7%
2005 4.31 trillion current LCU +17.3%
2006 5.25 trillion current LCU +21.8%
2007 7.65 trillion current LCU +45.7%
2008 8.89 trillion current LCU +16.2%
2009 12.46 trillion current LCU +40.2%
2010 12.68 trillion current LCU +1.7%
2011 14.04 trillion current LCU +10.7%
2012 16.48 trillion current LCU +17.4%
2013 17.96 trillion current LCU +9.0%
2014 20.91 trillion current LCU +16.4%
2015 25.46 trillion current LCU +21.8%
2016 26.57 trillion current LCU +4.3%
2017 28.21 trillion current LCU +6.2%
2018 30.06 trillion current LCU +6.6%
2019 32.46 trillion current LCU +8.0%
2020 38.00 trillion current LCU +17.1%
2021 41.47 trillion current LCU +9.1%
2022 49.28 trillion current LCU +18.8%
2023 52.23 trillion current LCU +6.0%

Russia compared with similar countries

  • Russia's 52.23 trillion current LCU is above the median for high income countries, which is 134.42 billion current LCU, 388.5× the median. (57 countries reporting)
  • Russia's 52.23 trillion current LCU is above the median for Europe & Central Asia, which is 301.38 billion current LCU, 173.3× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Expense in Russia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +298.6% 165.19 billion current LCU 658.50 billion current LCU

Averages by decade

DecadeAverage LowestHighest 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

  1. 7 Iraq 76.25 trillion current LCU compare
  2. 8 Chile 69.28 trillion current LCU compare
  3. 9 Paraguay 59.57 trillion current LCU compare
  4. 11 Argentina 40.42 trillion current LCU compare
  5. 12 India 35.85 trillion current LCU compare
  6. 13 Tanzania 33.64 trillion current LCU compare

See the full ranking of 157 places →

More public sector data for Russia

All data for Russia →

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.

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Expense in Russia. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://public-sector.statizoid.com/stat/expense-current-lcu/russian-federation/

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About this data

Indicator
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
157 places, 4,452 data points, 1972–2024
Last refreshed

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.