Russia: Trade balance, percent of GDP
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Russia: Trade balance as percent of GDP: For that indicator, The World Bank provides data for Russia from 1989 to 2017. The average value for Russia during that period was 8.04 percent with a minumum of 0.22 percent in 1990 and a maximum of 20.03 percent in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
The trade balance for Russia and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).