Russia recorded a Current Account surplus of 2.50 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Russia averaged 5.20 percent of GDP from 1992 until 2023, reaching an all time high of 18.00 percent of GDP in 2000 and a record low of -1.40 percent of GDP in 1992. source: Central Bank of Russia
Current Account to GDP in Russia is expected to reach 4.10 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Current Account to GDP is projected to trend around 3.50 percent of GDP in 2025 and 3.20 percent of GDP in 2026, according to our econometric models.