Expense in Russian Federation
Russian Federation: Expense was 30.0% in 2023. ▲ Rising
Expense in Russian Federation, 1994–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Russian Federation stood at 30.0%.
Compared with earlier readings it is down 4.5% on the previous year and up 21.8% over ten years.
Over the whole period, expense in Russian Federation peaked at 35.3% in 2020 and was at its lowest, 11.6%, in 1995.
That places Russian Federation 59th out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Expense in Russian Federation, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 27.0% | — |
| 1995 | 11.6% | -57.2% |
| 1998 | 25.0% | +116.5% |
| 1999 | 20.3% | -19.0% |
| 2000 | 21.2% | +4.3% |
| 2001 | 22.8% | +7.5% |
| 2002 | 22.5% | -1.0% |
| 2003 | 23.0% | +2.3% |
| 2004 | 21.6% | -6.4% |
| 2005 | 19.9% | -7.5% |
| 2006 | 19.5% | -2.2% |
| 2007 | 23.0% | +18.0% |
| 2008 | 21.5% | -6.4% |
| 2009 | 32.1% | +49.1% |
| 2010 | 27.4% | -14.7% |
| 2011 | 23.4% | -14.7% |
| 2012 | 24.2% | +3.6% |
| 2013 | 24.6% | +1.7% |
| 2014 | 26.5% | +7.5% |
| 2015 | 30.6% | +15.8% |
| 2016 | 31.0% | +1.2% |
| 2017 | 30.7% | -1.0% |
| 2018 | 28.9% | -5.8% |
| 2019 | 29.6% | +2.3% |
| 2020 | 35.3% | +19.2% |
| 2021 | 30.8% | -12.8% |
| 2022 | 31.4% | +2.0% |
| 2023 | 30.0% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.0% | 11.6% | 27.0% | 4 |
| 2000s | 22.7% | 19.5% | 32.1% | 10 |
| 2010s | 27.7% | 23.4% | 31.0% | 10 |
| 2020s | 31.9% | 30.0% | 35.3% | 4 |
Countries ranked near Russian Federation
More economy & growth data for Russian Federation
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Services, value added (constant LCU), per capita 425,143 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.85 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 16.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9161 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 16,350 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 76.63 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.37 million current LCU per person (2025)
Frequently asked questions
- What is expense in Russian Federation?
- Expense in Russian Federation was 30.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Russian Federation?
- The highest recorded value was 35.3% in 2020.
- What is the lowest expense recorded in Russian Federation?
- The lowest recorded value was 11.6% in 1995.
- How does Russian Federation rank for expense?
- Russian Federation ranks 59th out of 157 countries with data for 2023.
- Is expense rising or falling in Russian Federation?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is rising.
- Where does this Russian Federation data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.