24Peaks / Europe / Russia / Government Expenditure (% of GDP)

Russia - Government Expenditure (% of GDP) 29.97

World Bank WDI · updated 2026-10-15 · 161 economies tracked

Latest value

29.97 (2023)

Global rank

##36 of 161 economies

Share of global total

1.2%

Growth since 1994

1.11×

Ranking Race — Government Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#22#43#64#85#106#1271972198219922002201220222024#35#362022 overtook Mauritius2023 overtook Lithuania
RussiaBotswanaTanzania

Real annual global ranks, 1972 - 2024. Russia climbed from #35 to #36 (overtook Mauritius). Gaps in a lane = missing data that year.

Key events for Russia ↓

Key Events — Russia

Auto-detected from rank data + curated milestones

1991
Soviet collapse curated

Central planning ends; output falls sharply through the 1990s.

1995
Fell 38 places in global rank auto
1998
Financial default curated

Ruble devalues and the government defaults on domestic debt.

2009
Climbed 25 places in global rank auto
2009
Oil crash recession curated

Falling oil prices and crisis push GDP down.

2011
Fell 15 places in global rank auto
2015
Climbed 15 places in global rank auto
2015
Sanctions and oil shock curated

Western sanctions and falling oil prices trigger recession.

Government Expenditure (% of GDP), 1994-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
199420042014202311.5619.4727.3935.3

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