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. Current Account in Russia averaged 12345.70 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.

Current Account in Russia is expected to be 32700.00 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 30500.00 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
width
height
 Preview
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar GMT Actual Previous Consensus TEForecast
2018-10-11 01:00 PM Current Account Q3 $26.4B $19.1B $9.5B
2019-01-17 01:00 PM Current Account Q4 $38.8B $27.7B $15.2B
2019-04-09 01:00 PM Current Account Q1 $32.8B $38.4B $32.5B
2019-07-09 01:00 PM Current Account Q2 $12.1B $33.7B $25.1B
2019-10-11 01:00 PM Current Account Q3 $12.1B $32.7B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 11823.00 13705.00 20356.00 -203.00 USD Million [+]
Current Account 12100.00 33692.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 7.00 2.10 18.00 -1.40 percent [+]
Imports 19769.00 21950.00 32481.00 2525.00 USD Million [+]
Exports 31592.00 35655.00 50248.00 4100.00 USD Million [+]
External Debt 482.40 467.80 732.80 151.30 USD Billion [+]
Capital Flows 31354.85 32711.99 32845.00 -47789.81 USD Million [+]
Gold Reserves 2119.20 2113.00 2119.20 343.41 Tonnes [+]
Crude Oil Production 10895.00 10931.00 11051.00 5707.00 BBL/D/1K [+]
Terrorism Index 5.23 5.33 7.21 5.23 [+]
Weapons Sales 6409.00 5741.00 8690.00 1477.00 USD Million [+]
Remittances 375.00 317.00 436.00 44.00 USD Million [+]
Foreign Direct Investment 10206.00 1506.00 40140.00 -3922.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12100.00 33692.00 39286.00 -3774.00 1994 - 2019 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


Related
Latest