Russia's current account surplus widened to USD 19.9 billion in the second quarter of 2021 from USD 1.6 billion in the same period last year, a preliminary estimate showed. The goods surplus rose to USD 34 billion from USD 16.7 billion a year ago; the services deficit shrank to USD 1.3 billion from USD 1.9 billion and the secondary income deficit declined to USD 0.7 billion from USD 1.4 billion. Meanwhile, the investment income gap widened to USD 12.3 billion from USD 11.4 billion. source: Central Bank of Russia

Current Account in Russia averaged 12351.93 USD Million from 1994 until 2021, 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 July of 2021.

Current Account in Russia is expected to be 6000.00 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 4600.00 in 12 months time. In the long-term, the Russia Current Account is projected to trend around 12700.00 USD Million in 2022 and 130000.00 USD Million in 2023, according to our econometric models.

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Russia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
19900.00 23200.00 39286.00 -3774.00 1994 - 2021 USD Million Quarterly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-09 01:20 PM Q3 $2.5B $-0.5B $9.0B
2021-01-19 01:00 PM Q4 $5.5B $3.2B $10.2B
2021-04-09 01:00 PM Q1 $16.8B $6.1B $15.1B
2021-07-09 01:00 PM Q2 $19.9B $23.2B $10.5B
2021-10-08 01:20 PM Q3 $19.9B


News Stream
Russia Current Account Surplus Widens in Q2
Russia's current account surplus widened to USD 19.9 billion in the second quarter of 2021 from USD 1.6 billion in the same period last year, a preliminary estimate showed. The goods surplus rose to USD 34 billion from USD 16.7 billion a year ago; the services deficit shrank to USD 1.3 billion from USD 1.9 billion and the secondary income deficit declined to USD 0.7 billion from USD 1.4 billion. Meanwhile, the investment income gap widened to USD 12.3 billion from USD 11.4 billion.
2021-07-09
Russia Current Account Surplus Shrinks in Q1
Russia's current account surplus narrowed to USD 16.8 billion in the first quarter of 2021 from USD 23 billion in the corresponding period of the previous year, preliminary estimates showed. The goods surplus fell to USD 24.4 billion from USD 33.1 billion; the investment gap widened to USD 3.7 billion from USD 1.7 billion and the secondary income shortfall rose to USD 1.5 billion from USD 1.2 billion. Meantime, the services gap shrank to USD 2.6 billion from USD 6.6 billion.
2021-04-09
Russia Current Account Surplus Narrows in Q4
Russia's current account surplus narrowed to USD 5.5 billion in the fourth quarter of 2020, from USD 10.9 billion in the same period last year, a preliminary estimate showed. The goods surplus fell sharply to USD 21.5 billion from USD 41.0 billion a year ago as exports tumbled 18.8 percent and imports declined 2.5 percent. Meanwhile, the services deficit shrank to USD 5.4 billion from USD 10.0 billion, the investment income gap was down to USD 8.1 billion from USD 14.0 billion, and the secondary income deficit dropped to USD 2.3 billion from USD 4.9 billion. Considering 2020 full year, the current account surplus narrowed to USD 32.5 billion from USD 64.8 billion in 2019.
2021-01-19
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
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).