Russia: Current account, in dollars

* indicates monthly or quarterly data series
 Russia

Current account balance, billion USD

 Latest value 50.22
 Year 2023
 Measure billion U.S. dollars
 Data availability 1994 - 2023
 Average 57.64
 Min - Max -0.84 - 237.68
 Source The World Bank
The latest value from 2023 is 50.22 billion U.S. dollars, a decline from 237.68 billion U.S. dollars in 2022. In comparison, the world average is 3.07 billion U.S. dollars, based on data from 111 countries. Historically, the average for Russia from 1994 to 2023 is 57.64 billion U.S. dollars. The minimum value, -0.84 billion U.S. dollars, was reached in 1997 while the maximum of 237.68 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Russia - Current account, in dollars - Recent values chart

Historical series
Russia - Current account, in dollars - historical chart - 1994-2023




Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 115.25 2021 percent
 Trade openness 41.83 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 23.08 2023 percent
 Exports, billion dollars 466.60 2023 billion U.S. dollars
 Growth of exports -13.89 2022 percent
 Imports, percent of GDP 18.75 2023 percent
 Imports, billion dollars 378.93 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.55 2023 percent
 Foreign Direct Investment, billion dollars -39.80 2022 billion U.S. dollars
 Portfolio investment inflows, equities -2,427.19 2023 million dollars (current)
 Current account, percent of GDP 2.49 2023 percent
 Current account, in dollars 50.22 2023 billion U.S. dollars
 Trade balance, percent of GDP 4.34 2023 percent
 Trade balance, in dollars 86.82 2023 billion U.S. dollars
 Reserves 597.22 2023 billion U.S. dollars
 Remittances, percent of GDP 0.34 2023 percent
 Remittances 6,800.00 2023 million U.S. dollars
 Net errors and omissions -5,506.04 2023 million USD
 External debt 17.15 2022 percent
 Short-term external debt 17.43 2022 percent
 Short-term debt to reserves 11.27 2022 percent
 Foreign exchange reserves 633.74 9/2024 billion
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