Russia's current account surplus narrowed to USD 16.3 billion in the fourth quarter of 2019 from USD 38.4 billion in the same period of 2018, a preliminary estimate showed. The goods surplus decreased to USD 39.1 billion from USD 57.2 billion and the services deficit rose to USD 8.5 billion from USD 6.9 billion. In addition, the investment income gap rose to USD 8.6 billion from USD 8.0 billion and the secondary income deficit went up to USD 4.4 billion from USD 2.9 billion. Considering 2019 full year, the current account surplus narrowed sharply to USD 70.6 billion from USD 113.5 billion in 2018.

Current Account in Russia averaged 12346.79 USD Million from 1994 until 2019, reaching an all time high of 39286 USD Million in the first quarter of 2012 and a record low of -3774 USD Million in the second quarter of 1998. This page provides - Russia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Russia

Current Account in Russia is expected to be 26500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Russia to stand at 19800.00 in 12 months time. In the long-term, the Russia Current Account is projected to trend around 18200.00 USD Million in 2020, according to our econometric models.

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Russia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
16300.00 10581.00 39286.00 -3774.00 1994 - 2019 USD Million Quarterly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-04-09 01:00 PM Q1 $32.8B $38.4B $32.5B
2019-07-09 01:00 PM Q2 $12.1B $33.7B $25.1B
2019-10-11 01:00 PM Q3 $12.9B $10.6B $32.7B
2020-01-17 01:00 PM Q4 $16.3B $10.6B $55.5B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-10-11
Russia Current Account Surplus Shrinks in Q3
Russia’s current account surplus narrowed to USD 12.9 billion in the third quarter of 2019 from USD 27.4 billion in the corresponding period of 2018, a preliminary estimate showed. The goods surplus fell to USD 36.6 billion from USD 47.8 billion a year earlier; the services deficit widened to USD 10.5 billion from USD 8.8 billion and the investment income shortfall rose to USD 11 billion from USD 8.4 billion. On the other hand, the secondary income gap shrank to USD 1.3 billion from USD 2.4 billion.

2019-07-09
Russia Current Account Surplus Narrows in Q2
Russia’s current account surplus shrank to USD 12.1 billion in the second quarter of 2019 from USD 17.9 billion in the corresponding period of 2018, a preliminary estimate showed. The goods surplus decreased to USD 39.7 billion from USD 45.4 billion a year earlier and the services gap went down to USD 7.6 billion from USD 7.7 billion. In addition, the investment income deficit rose to USD 18.1 billion from USD 17.8 billion while the secondary income gap narrowed to USD 1.5 billion from USD 1.6 billion. Considering the first half of 2019, the current account surplus declined slightly to USD 45.8 billion from USD 47.7 billion in the same period a year ago.

2019-04-09
Russia Current Account Surplus Widens in Q1
Russia’s current account surplus rose to USD 32.8 billion in the first quarter of 2019 from USD 30.0 billion in the corresponding period of 2018, a preliminary estimate showed. The goods surplus went up to USD 45.3 billion from USD 44.2 billion a year ago while the services gap edged up to USD 6.6 billion from USD 6.5 billion. In addition, the investment income deficit fell to USD 3.5 billion from USD 4.4 billion and the secondary income shortfall declined to USD 1.9 billion from USD 2.6 billion.


Russia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).