Russia’s current account surplus narrowed sharply to USD 0.6 billion in the second quarter of 2020 from USD 9.9 billion in the corresponding period of the previous year, a preliminary estimate showed. The goods surplus shrank to USD 14.3 billion from USD 39.4 billion a year earlier and the secondary income deficit widened to USD 1.3 billion from USD 0.9 billion. Meantime, the services gap fell to USD 2.1 billion from USD 9 billion and the investment income shortfall decreased to USD 10.2 billion from USD 19 billion.

Current Account in Russia averaged 12293.44 USD Million from 1994 until 2020, 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 September of 2020. source: Central Bank of Russia

Current Account in Russia is expected to be 9000.00 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 14500.00 in 12 months time. In the long-term, the Russia Current Account is projected to trend around 13500.00 USD Million in 2021 and 15000.00 USD Million in 2022, according to our econometric models.

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Russia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
600.00 21727.00 39286.00 -3774.00 1994 - 2020 USD Million Quarterly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-11 01:00 PM Q3 $12.9B $10.6B $32.7B
2020-01-17 01:00 PM Q4 $16.3B $10.6B $55.5B
2020-04-10 01:00 PM Q1 $21.7B $10.2B $26.5B
2020-07-10 01:00 PM Q2 $0.6B $21.7B $8.8B


News Stream
Russia Current Account Surplus Narrows Sharply in Q2
Russia’s current account surplus narrowed sharply to USD 0.6 billion in the second quarter of 2020 from USD 9.9 billion in the corresponding period of the previous year, a preliminary estimate showed. The goods surplus shrank to USD 14.3 billion from USD 39.4 billion a year earlier and the secondary income deficit widened to USD 1.3 billion from USD 0.9 billion. Meantime, the services gap fell to USD 2.1 billion from USD 9 billion and the investment income shortfall decreased to USD 10.2 billion from USD 19 billion.
2020-07-10
Russia Current Account Surplus Narrows in Q1
Russia’s current account surplus shrank to USD 21.7 billion in the first quarter of 2020 from USD 33.6 billion in the same period of 2019, a preliminary estimate showed. The goods surplus narrowed to USD 32.1 billion from USD 47 billion a year earlier while the services gap edged down to USD 5.5 billion from USD 6 billion. Meantime, the investment income gap decreased to USD 2.3 billion from USD 4.1 billion and the secondary income shortfall dropped to USD 1.7 billion from USD 2.7 billion.
2020-04-10
Russia Current Account Surplus Narrows in Q4
Russia's current account surplus narrowed to USD 16.3 billion in the fourth quarter of 2019 from USD 38.4 billion in the same period of 2018, a preliminary estimate showed. The goods surplus decreased to USD 39.1 billion from USD 57.2 billion and the services deficit rose to USD 8.5 billion from USD 6.9 billion. In addition, the investment income gap rose to USD 8.6 billion from USD 8.0 billion and the secondary income deficit went up to USD 4.4 billion from USD 2.9 billion. Considering 2019 full year, the current account surplus narrowed sharply to USD 70.6 billion from USD 113.5 billion in 2018.
2020-01-17
Russia Current Account Surplus Shrinks in Q3
Russia’s current account surplus narrowed to USD 12.9 billion in the third quarter of 2019 from USD 27.4 billion in the corresponding period of 2018, a preliminary estimate showed. The goods surplus fell to USD 36.6 billion from USD 47.8 billion a year earlier; the services deficit widened to USD 10.5 billion from USD 8.8 billion and the investment income shortfall rose to USD 11 billion from USD 8.4 billion. On the other hand, the secondary income gap shrank to USD 1.3 billion from USD 2.4 billion.
2019-10-11

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).