Russian consolidated budget deficit at 1.4 trln rubles in Jan-Nov 2016 - Treasury
MOSCOW. Dec 27 (Interfax) - Russia had a consolidated budget deficit of 1.410 trillion rubles in January-November 2016, according to materials published on the Finance Ministry's website.
Consolidated budget revenue for the first 11 months of 2016 totaled 24.093 trillion rubles, while spending totaled 23.679 trillion rubles.
Oil and gas revenue totaled 4.350 trillion rubles and non-oil revenue totaled 19.744 trillion rubles.
The non-oil deficit amounted to 5.760 trillion rubles.
Russian consolidated budget implementation (bln rubles):
| 11M 2015 | 11M 2016 | ||
| Revenue, total | 23 679.2 | 24 093.9 | 1.8% |
| Oil and gas revenue | 5 411.0 | 4 350.0 | -19.6% |
| Non-oil revenue | 18 268.2 | 19 743.9 | 8.1% |
| VAT | 3 739.8 | 4 085.7 | 9.3% |
| Excise tax | 963.8 | 1 226.9 | 27.3% |
| Profit tax | 2 416.3 | 2 576.2 | 6.6% |
| Individual income tax | 2 403.0 | 2 592.1 | 7.9% |
| Import duties | 508.6 | 512.4 | 0.7% |
| Contributions for mandatory social insurance | 4 674.8 | 5 289.7 | 13.2% |
| Other | 3 562.0 | 3 460.9 | -2.8% |
| Spending, total | 24 664.9 | 25 504.2 | 3.4% |
| Deficit (-)/Surplus (+) | -985.7 | -1 410.3 | 43.1% |
| Non-oil deficit | -6 396.7 | -5 760.3 | -9.9% |
