Subsidies and other transfers in Russia
Russia: Subsidies and other transfers was 28.20 trillion current LCU in 2020. ◆ Volatile
Subsidies and other transfers in Russia, 1999–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, subsidies and other transfers in Russia stood at 28.20 trillion current LCU. That is the highest value across all 22 years on record.
That represents a change of up 25.8% on the previous year and up 267.5% over ten years.
Over the whole period, subsidies and other transfers in Russia peaked at 28.20 trillion current LCU in 2020 and was at its lowest, 473.55 billion current LCU, in 1999.
Russia ranks 8th of 153 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 473.55 billion current LCU | 473.55 billion current LCU | 473.55 billion current LCU | 1 |
| 2000s | 2.85 trillion current LCU | 631.02 billion current LCU | 7.73 trillion current LCU | 10 |
| 2010s | 15.02 trillion current LCU | 7.67 trillion current LCU | 22.41 trillion current LCU | 10 |
| 2020s | 28.20 trillion current LCU | 28.20 trillion current LCU | 28.20 trillion current LCU | 1 |
Countries ranked near Russia
More public sector data for Russia
- Arms imports 467.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 4.6% (2024)
- Taxes on goods and services 23.8% (2024)
- Net investment in nonfinancial assets 1.3% (2024)
- Net lending (+) / net borrowing (-) 1.6% (2024)
- Interest payments 2.4% (2020)
- Grants and other revenue 49.0% (2024)
- Interest payments 2.4% (2020)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is subsidies and other transfers in Russia?
- Subsidies and other transfers in Russia was 28.20 trillion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Russia?
- The highest recorded value was 28.20 trillion current LCU in 2020.
- What is the lowest subsidies and other transfers recorded in Russia?
- The lowest recorded value was 473.55 billion current LCU in 1999.
- How does Russia rank for subsidies and other transfers?
- Russia ranks 8th out of 153 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Russia?
- Over the last ten years it is up 267.5%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.