Russia's current account surplus widened to USD 40.8 billion in the third quarter of 2021 from USD 3.9 billion in the same period last year, a preliminary estimate showed. It was the largest current account surplus since available records began in 1994, as the goods surplus rose sharply to USD 56.8 billion from USD 18.8 billion a year ago, with exports jumping 70.8 percent to USD 134.9 billion, amid higher sales of oil (81.9 percent), oil products (104.7 percent) and natural gas (152.9 percent). Imports, however, advanced at a slower 29.7 percent to USD 78.1 billion. Meanwhile, the services deficit increased to USD 4.6 billion from USD 3.6 billion; the investment income gap went up slightly to USD 9.6 billion from USD 9.5 billion and the secondary income shortfall rose to USD 1.8 billion from USD 1.6 billion. Considering the first nine months of 2021, the country's current account surplus increased to USD 82.2 billion from USD 29 billion in the same period a year earlier. source: Central Bank of Russia
Current Account in Russia averaged 12604.28 USD Million from 1994 until 2021, reaching an all time high of 40800 USD Million in the third quarter of 2021 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 October of 2021.
Current Account in Russia is expected to be 19500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Current Account is projected to trend around 15700.00 USD Million in 2022 and 15000.00 USD Million in 2023, according to our econometric models.