Russia recorded a Current Account surplus of 3.90 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Russia

Current Account to GDP in Russia averaged 5.15 percent from 1992 until 2019, reaching an all time high of 18 percent in 2000 and a record low of -1.40 percent in 1992. This page provides - Russia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Russia is expected to reach 2.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Current Account to GDP is projected to trend around 1.50 percent in 2021 and 1.80 percent in 2022, according to our econometric models.

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Russia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
3.90 6.80 18.00 -1.40 1992 - 2019 percent Yearly

Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 10052.00 3234.00 20356.00 -203.00 USD Million [+]
Current Account 2500.00 -500.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 3.90 6.80 18.00 -1.40 percent [+]
Imports 20454.00 19952.00 32481.00 2525.00 USD Million [+]
Exports 30506.00 23186.00 50248.00 4100.00 USD Million [+]
External Debt 461.20 477.20 732.80 151.30 USD Billion [+]
Capital Flows 676.49 22281.39 32994.68 -47789.81 USD Million [+]
Gold Reserves 2298.65 2299.90 2299.90 343.41 Tonnes [+]
Crude Oil Production 9468.00 8967.00 11051.00 5707.00 BBL/D/1K [+]
Oil Exports 25577.00 30820.00 49413.00 5303.00 USD Million [+]
Remittances 535.00 584.00 584.00 44.00 USD Million [+]
Terrorism Index 4.90 5.23 7.21 4.90 [+]
Weapons Sales 4718.00 6506.00 8730.00 1475.00 USD Million [+]
Foreign Direct Investment -1611.00 6098.00 40140.00 -3922.00 USD Million [+]


Russia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.