Russia’s current account surplus shrank to USD 12.1 billion in the second quarter of 2019 from USD 17.9 billion in the corresponding period of 2018, a preliminary estimate showed. The goods surplus decreased to USD 39.7 billion from USD 45.4 billion a year earlier and the services gap went down to USD 7.6 billion from USD 7.7 billion. In addition, the investment income deficit rose to USD 18.1 billion from USD 17.8 billion while the secondary income gap narrowed to USD 1.5 billion from USD 1.6 billion. Considering the first half of 2019, the current account surplus declined slightly to USD 45.8 billion from USD 47.7 billion in the same period a year ago. Current Account in Russia averaged 12345.70 USD Million from 1994 until 2019, 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.

Current Account in Russia is expected to be 32700.00 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 30500.00 in 12 months time. In the long-term, the Russia Current Account is projected to trend around 38000.00 USD Million in 2020, according to our econometric models.

Russia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-11 01:00 PM Current Account Q3 $26.4B $19.1B $9.5B
2019-01-17 01:00 PM Current Account Q4 $38.8B $27.7B $15.2B
2019-04-09 01:00 PM Current Account Q1 $32.8B $38.4B $32.5B
2019-07-09 01:00 PM Current Account Q2 $12.1B $33.7B $25.1B
2019-10-11 01:00 PM Current Account Q3 $12.1B $32.7B


Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 11224.00 12508.00 20356.00 -203.00 USD Million [+]
Current Account 12100.00 33692.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 7.00 2.10 18.00 -1.40 percent [+]
Imports 22218.00 19968.00 32481.00 2525.00 USD Million [+]
Exports 33442.00 32476.00 50248.00 4100.00 USD Million [+]
External Debt 482.40 467.80 732.80 151.30 USD Billion [+]
Capital Flows 31354.85 32711.99 32845.00 -47789.81 USD Million [+]
Gold Reserves 2219.18 2206.99 2219.18 343.41 Tonnes [+]
Crude Oil Production 10709.00 10835.00 11051.00 5707.00 BBL/D/1K [+]
Terrorism Index 5.23 5.33 7.21 5.23 [+]
Weapons Sales 6409.00 5741.00 8690.00 1477.00 USD Million [+]
Remittances 375.00 317.00 436.00 44.00 USD Million [+]
Foreign Direct Investment 10206.00 1506.00 40140.00 -3922.00 USD Million [+]

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



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

Actual Previous Highest Lowest Dates Unit Frequency
12100.00 33692.00 39286.00 -3774.00 1994 - 2019 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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