Current Account in Russia

Russia Current Account (USD bn) | Economic News & Forecasts

Russia - Current Account (billions of U.S. Dollars)

Growth seems to have recovered slightly in the second quarter, following a lackluster first-quarter performance which was dented by sliding investment activity and faltering exports. In Q2, economic activity picked up slightly on sturdier industrial production growth, which was underpinned by solid manufacturing output, and increased infrastructure spending under the government’s “national projects”. OPEC+ oil production restrictions and lower gas demand capped the increase, however. Meanwhile, although consumer demand metrics weakened, as suggested by retail sales growth decelerating to a two-year low in Q2, there were signs of improving conditions at the end of the quarter. Higher real wages in Q2 and a lower unemployment rate, which dropped to an all-time low in June, boded well for household consumption, which seemingly also benefited from gradually easing inflation thanks to a relatively strong ruble.

Russia - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)33.4  57.5  67.8  24.5  32.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Russia Current Account (USD bn) Chart

Russia Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of the Russian Federation (CBR).

Russia Facts

Bond Yield7.300.13 %Jul 31
Exchange Rate63.38-0.12 %Jul 31
Stock Market2,740-1.03 %Jul 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form