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Russian Federation Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Russian Federation's current account balance was 1.74% in 2025, ranked 55th globally. This represents a 40.2% decrease from 2024. Data from World Bank, covering 1992–2025.

1.74% −1.17% (-40.2%)
Year 2025 Rank #55 Global Peak 17.47% (2000) Source World Bank

Russian Federation Current Account Balance (1992–2025)

Overview

Russian Federation's current account balance stood at 1.74% in 2025, a decline of +1.17% from 2024. The IMF projects 1.74% by 2025. Russian Federation ranked 55th globally.

The Russian Federation's current account balance has experienced significant fluctuations over the past 34 years, with the most recent figure standing at 1.74, ranking 55th globally. Notably, the country's balance has oscillated between a high of 17.47 in 2000 and a low of -1.68 in 1992, with the latter representing the all-time trough. In comparison to its peer countries, Russia's current account balance is closest to that of Gabon, which also stands at 1.77. This variation in balance is a reflection of Russia's diverse economic landscape, driven by its oil and gas exports, as well as its ongoing efforts to diversify its economy. The country's current account balance has improved in recent years, driven by rising commodity prices and a strengthening ruble. However, a decline in global commodity prices or a shift in Russia's trade relationships could potentially alter this trajectory and impact the country's balance in the future.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF 1.44% - -
2029* IMF 1.45% - -
2028* IMF 1.47% - -
2027* IMF 1.52% - -
2026* IMF 1.56% - -
2025* IMF 1.74% - -
2025 1.74% −1.17% #55
2024 2.91% +0.52% #140
2023 2.38% −7.97% #142
2022 10.37% +3.54% #170
2021 6.83% +4.45% #164
2020 2.37% −1.50% #145
2019 3.88% −3.12% #159
2018 6.98% +4.94% #166
2017 2.04% +0.13% #146
2016 1.92% −3.08% #156
2015 4.97% +2.16% #169
2014 2.79% +1.33% #152
2013 1.46% −1.79% #141
2012 3.23% −1.53% #153
2011 4.75% +0.62% #158
Show all years (1992-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.7% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Russian Federation's current account balance?▾

Russian Federation's current account balance was 1.74% in 2025. Ranked 55th globally. This represents a 40.2% decrease from the previous year.

What was the highest current account balance in Russian Federation?▾

Russian Federation's current account balance peaked at 17.47% in 2000.

What was the lowest current account balance in Russian Federation?▾

The lowest current account balance in Russian Federation was -1.68% in 1992.

How does Russian Federation rank in current account balance?▾

Russian Federation ranks 55th globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Russian Federation in 2025?▾

Russian Federation's current account balance is projected to reach 1.74% by 2025 based on IMF projection.

What is the current account balance of Russian Federation in 2025?▾

The current account balance of Russian Federation in 2025 was 1.74%. This ranks 55th in the world.

Cite this page

APA
Russian Federation Current Account Balance. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/russian-federation/current-account/
BibTeX
@misc{historysaid_russian-federation_current-account, title = {Russian Federation Current Account Balance}, url = {https://historysaid.com/russian-federation/current-account/}, publisher = {HistorySaid}, year = {2026} }
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