Name: Russia Current Account
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Russia,Current Account,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Russia posted a current account surplus of $12.2 billion in the first quarter of 2026, narrowing from the $18.4 billion surplus in the corresponding period of the previous year. It was the softest surplus since 2016, mostly due to a sharp reduction in net exports. The goods account surplus narrowed to $25.3 billion from $30.7 billion, as exports were slightly higher and imports jumped by 10% to $73 billion. The deterioration in Russia's industry and troubles in sourcing capital goods due to sanctions from the West increased the economy's dependence on imports from nonwestern countries. Meanwhile, the services account gap widened to $8.7 billion from $7.6 billion. Lastly, the gap on the primary and secondary income accounts narrowed marginally to $4.4 billion from $4.7 billion. source: Central Bank of Russia

Russia recorded a Current Account surplus of 12200 USD Million in the first quarter of 2026. Current Account in Russia averaged 14312.56 USD Million from 1994 until 2026, reaching an all time high of 77221.00 USD Million in the second quarter of 2022 and a record low of -3774.00 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 May of 2026.

Russia recorded a Current Account surplus of 12200 USD Million in the first quarter of 2026. Current Account in Russia is expected to be 8000.00 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 12100.00 USD Million in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Balance of Trade	13970.00	5350.00	USD Million	Mar 2026
Capital Flows	9956.00	7500.57	USD Million	Dec 2025
Current Account	12200.00	9360.00	USD Million	Mar 2026
Current Account to GDP	2.00	3.00	percent of GDP	Dec 2025
Exports	41064.00	29854.00	USD Million	Mar 2026
External Debt	319.40	309.60	USD Billion	Dec 2025
Foreign Direct Investment	11347.55	-1117.19	USD Million	Dec 2025
Imports	27098.00	24775.00	USD Million	Mar 2026

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).

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	12200.00	9360.00	77221.00	-3774.00	1994 - 2026	USD Million	Quarterly	Current Prices, NSA

Compare: Current Account by Country

News Stream

Russia Current Account Surplus Narrows

Russia posted a current account surplus of $12.2 billion in the first quarter of 2026, narrowing from the $18.4 billion surplus in the corresponding period of the previous year. It was the softest surplus since 2016, mostly due to a sharp reduction in net exports. The goods account surplus narrowed to $25.3 billion from $30.7 billion, as exports were slightly higher and imports jumped by 10% to $73 billion. The deterioration in Russia's industry and troubles in sourcing capital goods due to sanctions from the West increased the economy's dependence on imports from nonwestern countries. Meanwhile, the services account gap widened to $8.7 billion from $7.6 billion. Lastly, the gap on the primary and secondary income accounts narrowed marginally to $4.4 billion from $4.7 billion.

2026-05-18

Russia Current Account Surplus Narrows

Russia posted a current account surplus of $9.2 billion in the final quarter of 2025, narrowing sharply from the 13.8 billion in the corresponding period of the previous year. It was the lowest current account surplus for the period since the fourth quarter of 2020, when the pandemic crisis triggered plunges in the value of commodities that Russia exports. The surplus of goods narrowed to $28.1 billion from $31.6 billion in the previous year, pressured by slowing demand for energy from China, which has been the main costumer for heavyweight commodity exports for Russia since Western sanctions from 2022. In turn, the deficit for services widened to $13.5 billion from $9.9 billion. On the other hand the primary and secondary account gap aggregates narrowed to $5.4 billion from $9.9 billion. For the full year, Russia's current account surplus was at $41.4 billion, narrowing from $62.6 billion in 2024 and totalling estimates of 2% of the Russian GDP.

2026-02-12

Russia Records Lowest Current Account Surplus in 4 Years

Russia posted a current account surplus of $7.3 billion in the second quarter of 2025, narrowing sharply from the downwardly revised $17.7 billion. It was the lowest current account surplus for Russia since the fourth quarter of 2020, when the pandemic crisis triggered plunges in the value of commodities that Russia exports. The surplus of goods narrowed to $27.2 billion in the second quarter from $30.1 billion in the previous year, pressured by slowing demand for energy from China, which has been the main costumer for heavyweight commodity exports for Russia since Western sanctions from 2022. In turn, the deficit for services widened to $12.9 billion from $7.8 billion, while the primary and secondary account gap aggregates widened to $7 billion from $4.6 billion.

2025-08-14