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Expenses 25.1 trillion rubles ($343 billion). Surplus 0.4 trillion rubles ($5.9 billion) 2024 Revenues 25.8 trillion rubles ($352 billion). Expenses 26.1 trillion rubles ($357 billion). Deficit 0.3 trillion rubles ($4.3 billion) As of autumn 2022 Russia was estimated to possess nearly $549 billion in foreign exchange reserves, but some 50% of ...
The 2024 budget expects revenues of 35 trillion rubles ($349 billion) with expenditure of 36.6 trillion, based on a Urals oil forecast of $71.30 per barrel, a 90.1 rubles to USD 1 exchange rate and inflation of 4.5%. Defence spending will double to 10.78 trillion, 29.4% of expenditure.
Due to the ongoing crisis the planned 33% increase had to be reduced to 25.6%, meaning the 2015 Russian military budget totalled 3.1 trillion rubles. The originally planned 3.36 trillion budget for 2016 was also reduced to a planned budget of 3.145 trillion rubles, an increase of only 0.8% over 2015. [7]
NWF purchased 50% +1 shares in 2020 for 2.14 trillion rubles. [30] In 2022, with very high oil prices, additional funds would normally have been added to the Fund, however with the cost of the war with Ukraine, in October $16.2 billion was withdrawn from the $127.9 billion liquid portion of the NWF.
From July 1992, when the ruble first could be legally exchanged for United States dollars, to October 1995, the rate of exchange between the ruble and the dollar declined from 144 rubles per US$1 to around 5,000 per US$1. Prior to July 1992, the ruble's rate was set artificially at a highly overvalued level.
The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025.
China represented 1.61% of the world's economy in 1987 (lowest point), rising to 18.4% (nominal) and 19% (PPP) in 2022. It accounted for 25.4% of global GDP in 1 CE, 29% of world global output in 1600 CE, 17.3% of the world's economy in 1870, and 33% in 1820 (its highest point).
Nvidia, along with tech giants Amazon, Google, Microsoft, and Apple, are worth $14.5 trillion and make up about 32% of the S&P 500. With the AI darling’s data center revenue growing at about 60% ...