Russia's current account surplus widened sharply to USD 38.8 billion in the fourth quarter of 2018 from USD 13.5 billion in the same period a year earlier, a preliminary estimate showed. It was the biggest current account surplus since an all-time high was recorded in the first quarter of 2012 as the goods surplus increased to USD 57.0 billion from 35.0 billion a year ago, while the services deficit narrowed to USD 7.6 billion from USD 8.4 billion. In addition, the investment income gap declined to USD 8.0 billion from USD 10.0 billion and the secondary income deficit fell to USD 2.0 billion from USD 2.4 billion. Considering 2018 full year, the current account surplus widened to USD 114.9 billion, the largest on record, from USD 33.3 billion in 2017. Current Account in Russia averaged 12158.04 USD Million from 1994 until 2018, 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.

Current Account in Russia is expected to be 32500.00 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 44100.00 in 12 months time. In the long-term, the Russia Current Account is projected to trend around 38000.00 USD Million in 2020, according to our econometric models.

Russia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-10 01:00 PM Current Account $28.8B $13.7B $20.4B
2018-07-10 01:00 PM Current Account $22.3B $30.8B $5.1B
2018-10-11 01:00 PM Current Account $26.4B $19.1B $9.5B
2019-01-17 01:00 PM Current Account $38.8B $27.7B $15.2B
2019-04-09 01:00 PM Current Account $38.8B $32.5B
2019-07-09 01:00 PM Current Account $25.1B
2019-10-11 01:00 PM Current Account $32.7B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 13368.00 18856.00 20356.00 -203.00 USD Million [+]
Current Account 38800.00 27664.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 2.20 1.90 18.00 -1.40 percent [+]
Imports 16459.00 22501.00 32481.00 2525.00 USD Million [+]
Exports 29827.00 41357.00 50248.00 4100.00 USD Million [+]
External Debt 453.70 467.10 732.80 151.30 USD Billion [+]
Capital Flows 29324.93 20584.25 32845.00 -47722.55 USD Million [+]
Gold Reserves 2119.20 2113.00 2119.20 343.41 Tonnes [+]
Crude Oil Production 10972.00 11014.00 11014.00 5707.00 BBL/D/1K [+]
Terrorism Index 5.23 5.33 7.21 5.23 [+]
Weapons Sales 6148.00 6937.00 8658.00 1478.00 USD Million [+]
Remittances 309.00 408.00 436.00 44.00 USD Million [+]
Foreign Direct Investment -4245.00 2310.00 40140.00 -4245.00 USD Million [+]

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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). This page provides - Russia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Current Account - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
38800.00 27664.00 39286.00 -3774.00 1994 - 2018 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -7591.00 Sep/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 546.00 Dec/18
Euro Area 9.33 Jan/19
France 898.00 Jan/19
Germany 18328.50 Jan/19
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 3.00 Jan/19
Japan 600.40 Jan/19
Mexico -3424.00 Dec/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 2772.30 Jan/19
Spain 4670.00 Dec/18
Switzerland 15181.70 Dec/18
Turkey -813.00 Jan/19
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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