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Russia Fiscal Balance
-1.6% GDPas of 2024
Russia's fiscal balance stands at -1.6% GDP as of 2024. The indicator has remained relatively stable from -1.1% in 2014 to -1.6% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -1.1% GDP | — |
| 2015 | -3.4% GDP | -2.3pp |
| 2016 | -3.7% GDP | -0.3pp |
| 2017 | -1.5% GDP | +2.2pp |
| 2018 | 2.9% GDP | +4.4pp |
| 2019 | 1.9% GDP | -1.0pp |
| 2020 | -4% GDP | -5.9pp |
| 2021 | 0.8% GDP | +4.8pp |
| 2022 | -1.3% GDP | -2.1pp |
| 2023 | -2.2% GDP | -0.9pp |
| 2024 | -1.6% GDP | +0.6pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.