Russia recorded a Current Account surplus of 7 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Russia averaged 5.43 percent from 1992 until 2018, reaching an all time high of 18 percent in 2000 and a record low of -1.40 percent in 1992.

Current Account to GDP in Russia is expected to be 5.50 percent by the end of this quarter, 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 3.80 percent in 2020, according to our econometric models.

Russia Current Account to GDP
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Forecast Data Chart
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Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 15537.00 16419.00 20356.00 -203.00 USD Million [+]
Current Account 32800.00 38400.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 7.00 2.10 18.00 -1.40 percent [+]
Imports 20960.00 18319.00 32481.00 2525.00 USD Million [+]
Exports 36497.00 34738.00 50248.00 4100.00 USD Million [+]
External Debt 467.80 453.70 732.80 151.30 USD Billion [+]
Capital Flows 33092.79 29184.78 33092.79 -47789.81 USD Million [+]
Gold Reserves 2119.20 2113.00 2119.20 343.41 Tonnes [+]
Crude Oil Production 10973.00 11051.00 11051.00 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 317.00 309.00 436.00 44.00 USD Million [+]
Foreign Direct Investment 1417.00 -2784.00 40140.00 -3922.00 USD Million [+]

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



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

Actual Previous Highest Lowest Dates Unit Frequency
7.00 2.10 18.00 -1.40 1992 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.60 Dec/17
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -3.00 Dec/17
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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