Home Russian Federation Government Budget Deficit

Russian Federation Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-2.74% −1.13% (-70.7%)
Year 2025 Rank #91 Global Peak 7.80% (2006) Source IMF WEO

Russian Federation Budget Deficit (1998–2025)

Overview

Russian Federation's budget deficit stood at -2.74% in 2025, a decline of +1.13% from 2024. The IMF projects -2.74% by 2025. Russian Federation ranked 91st globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -2.09% - -
2029* IMF -2.09% - -
2028* IMF -2.03% - -
2027* IMF -1.90% - -
2026* IMF -1.75% - -
2025* IMF -2.74% - -
2025 -2.74% −1.13% #91
2024 -1.60% +0.61% #119
2023 -2.22% −0.87% #108
2022 -1.34% −2.12% #122
2021 0.78% +4.77% #172
2020 -3.99% −5.92% #135
2019 1.93% −0.99% #168
2018 2.92% +4.39% #173
2017 -1.47% +2.20% #116
2016 -3.67% −0.28% #68
2015 -3.39% −2.32% #80
2014 -1.07% +0.09% #134
2013 -1.16% −1.54% #130
2012 0.38% −1.05% #151
2011 1.43% +4.63% #161
Show all years (1998-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.7% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Russian Federation's budget deficit?

Russian Federation's budget deficit was -2.74% in 2025. Ranked 91st globally. This represents a 70.7% decrease from the previous year.

What was the highest budget deficit in Russian Federation?

Russian Federation's budget deficit peaked at 7.80% in 2006.

What was the lowest budget deficit in Russian Federation?

The lowest budget deficit in Russian Federation was -7.42% in 1998.

How does Russian Federation rank in budget deficit?

Russian Federation ranks 91st globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Russian Federation in 2025?

Russian Federation's budget deficit is projected to reach -2.74% by 2025 based on IMF projection.

What is the budget deficit of Russian Federation in 2025?

The budget deficit of Russian Federation in 2025 was -2.74%. This ranks 91st in the world.

Cite this page

APA
Russian Federation Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/russian-federation/budget-deficit
BibTeX
@misc{historysaid_russian-federation_budget-deficit, title = {Russian Federation Budget Deficit}, url = {https://historysaid.com/russian-federation/budget-deficit}, publisher = {HistorySaid}, year = {2026} }