Table 9
Russian federal budget deficit in 2022–2026
Russian federal budget deficit
2022
2023
2024
2025
2026*
In trillion RUB
-3.30
-3.23
-3.49
-5.65
-7.35
In US$ billion (according to average annual exchange rate)
48
38
38
69
86
In % of GDP
2.1%
1.9%
1.7%
2.6%
3.2%
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Source: Russian Ministry of Finance; *2026 deficit figure as estimated on October 1, 2026