Russia

GDP (Nominal)

Population

Moscow

Capital

RUB

Currency

Member Organizations

G20UNOECDWTOIMFWorld BankAPECBRICS

Government Revenue

Fiscal Year 2024

Government revenue breakdown by source

Russia Government Spending

Fiscal Year 2024

Government spending breakdown by category

Revenue SourcesShows the main sources of government income, helping to understand how the country funds its public services.

Налог на прибыль организаций (Corporate Profit Tax)5700.00B RUB

Налог на доходы физических лиц (Personal Income Tax)5800.00B RUB

Налог на добавленную стоимость (НДС, VAT)11300.00B RUB

Акцизы (Excise Taxes)1200.00B RUB

Таможенные пошлины (Customs Duties)1800.00B RUB

Нефтегазовые доходы (Oil and Gas Revenues)9500.00B RUB

Прочие неналоговые доходы (Other Non-Tax Revenues)3000.00B RUB

Общий доход37800.00B RUB

Spending AllocationShows how government funds are distributed across different sectors, revealing national priorities and commitments.

Социальная политика (Social Policy)8700.00B RUB

Оборона (Defense)6800.00B RUB

Национальная экономика (Economic Development)5200.00B RUB

Образование (Education)2000.00B RUB

Здравоохранение (Healthcare)1700.00B RUB

Обслуживание госдолга (Debt Service)1500.00B RUB

Прочие расходы (Other Expenditure)8000.00B RUB

Общие расходы33900.00B RUB

ControversiesFiscal controversies highlight political, social, or economic challenges that can affect a country's stability and future policy direction.

Elevated reliance on oil and gas revenues skews budget stability, while the recent VAT hike to 22% has been criticized for fueling inflation. Discussions are underway on introducing environmental and digital services taxes to diversify revenue.

Spending EfficiencyMeasures how well public funds are used to achieve desired outcomes. High efficiency means more value for taxpayers and better services.

Russia’s budget transparency is low, with significant off-budget military and security expenditures. World Bank assessments point to inefficient health and education spending, hampered by bureaucratic delays and underinvestment in regional infrastructures.

Debt to GDPShows the size of a country's government debt compared to its economy. High ratios may signal fiscal risk, while lower ratios suggest more sustainable finances.

Debt to GDP:14.6%

Government Debt:$295,127,320,000 USD

Tax Burden Per Capita (beta)Tax Burden Level:
Green (Low): Less than $10,000 per capitaOrange (Moderate): $10,000 - $20,000 per capitaRed (High): $20,000 - $30,000 per capitaPurple (Very High): Over $30,000 per capita

$5,700 USDLevel: Low