Russia's current account surplus narrowed sharply to USD 2.5 billion in the third quarter of 2020, from USD 10.7 billion in the same period last year, as the goods surplus declined to USD 17.0 billion from USD 37.9 billion. Meanwhile, the services gap shrank to USD 3.1 billion from USD 11.5 billion a year ago, and the investment income deficit went down to USD 9.0 billion from USD 12.9 billion. The secondary income gap was little-changed at USD 1.8 billion. Considering the first three quarters of the year, the current account surplus narrowed to USD 24.1 billion from USD 54.1 billion in the same period of 2019. source: Central Bank of Russia

Current Account in Russia averaged 12195.12 USD Million from 1994 until 2020, 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. Russia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Current Account in Russia is expected to be 8900.00 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 11400.00 in 12 months time. In the long-term, the Russia Current Account is projected to trend around 13500.00 USD Million in 2021 and 15000.00 USD Million in 2022, according to our econometric models.

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Russia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
2500.00 -500.00 39286.00 -3774.00 1994 - 2020 USD Million Quarterly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-17 01:00 PM Q4 $16.3B $10.6B $55.5B
2020-04-10 01:00 PM Q1 $21.7B $10.2B $26.5B
2020-07-10 01:00 PM Q2 $0.6B $21.7B $8.8B
2020-10-09 01:20 PM Q3 $2.5B $-0.5B $9.0B
2021-01-18 01:00 PM Q4
2021-04-09 01:00 PM Q1
2021-07-09 01:00 PM Q2
2021-10-08 01:20 PM Q3
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Russia Current Account Surplus Narrows Sharply in Q3
Russia's current account surplus narrowed sharply to USD 2.5 billion in the third quarter of 2020, from USD 10.7 billion in the same period last year, as the goods surplus declined to USD 17.0 billion from USD 37.9 billion. Meanwhile, the services gap shrank to USD 3.1 billion from USD 11.5 billion a year ago, and the investment income deficit went down to USD 9.0 billion from USD 12.9 billion. The secondary income gap was little-changed at USD 1.8 billion. Considering the first three quarters of the year, the current account surplus narrowed to USD 24.1 billion from USD 54.1 billion in the same period of 2019.
2020-10-09
Russia Current Account Surplus Narrows Sharply in Q2
Russia’s current account surplus narrowed sharply to USD 0.6 billion in the second quarter of 2020 from USD 9.9 billion in the corresponding period of the previous year, a preliminary estimate showed. The goods surplus shrank to USD 14.3 billion from USD 39.4 billion a year earlier and the secondary income deficit widened to USD 1.3 billion from USD 0.9 billion. Meantime, the services gap fell to USD 2.1 billion from USD 9 billion and the investment income shortfall decreased to USD 10.2 billion from USD 19 billion.
2020-07-10
Russia Current Account Surplus Narrows in Q1
Russia’s current account surplus shrank to USD 21.7 billion in the first quarter of 2020 from USD 33.6 billion in the same period of 2019, a preliminary estimate showed. The goods surplus narrowed to USD 32.1 billion from USD 47 billion a year earlier while the services gap edged down to USD 5.5 billion from USD 6 billion. Meantime, the investment income gap decreased to USD 2.3 billion from USD 4.1 billion and the secondary income shortfall dropped to USD 1.7 billion from USD 2.7 billion.
2020-04-10
Russia Current Account Surplus Narrows in Q4
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.
2020-01-17

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).