Current account balance as a proportion of GDP in Russian Federation
Russian Federation: Current account balance as a proportion of GDP was 2.9% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Russian Federation, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Russian Federation stood at 2.9%.
The figure is up 22.2% on the previous year and up 4.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Russian Federation peaked at 17.5% in 2000 and was at its lowest, 1.5%, in 2013.
Russian Federation ranks 56th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Russian Federation, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 17.5% | — |
| 2001 | 10.5% | -40.2% |
| 2002 | 8.0% | -23.9% |
| 2003 | 7.7% | -3.2% |
| 2004 | 9.9% | +28.7% |
| 2005 | 11.0% | +11.5% |
| 2006 | 9.3% | -15.6% |
| 2007 | 5.6% | -40.4% |
| 2008 | 6.3% | +12.7% |
| 2009 | 4.1% | -34.2% |
| 2010 | 4.4% | +7.3% |
| 2011 | 4.8% | +7.5% |
| 2012 | 3.2% | -32.1% |
| 2013 | 1.5% | -54.8% |
| 2014 | 2.8% | +91.5% |
| 2015 | 5.0% | +78.0% |
| 2016 | 1.9% | -61.4% |
| 2017 | 2.0% | +6.7% |
| 2018 | 7.0% | +241.5% |
| 2019 | 3.9% | -44.5% |
| 2020 | 2.4% | -38.9% |
| 2021 | 6.8% | +188.3% |
| 2022 | 10.4% | +51.9% |
| 2023 | 2.4% | -77.0% |
| 2024 | 2.9% | +22.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.0% | 4.1% | 17.5% | 10 |
| 2010s | 3.6% | 1.5% | 7.0% | 10 |
| 2020s | 5.0% | 2.4% | 10.4% | 5 |
Countries ranked near Russian Federation
More economy & growth data for Russian Federation
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 9.87 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 42.88 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 765,373 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.6 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3728 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,653 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 21.7 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7037 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Russian Federation?
- Current account balance as a proportion of gdp in Russian Federation was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Russian Federation?
- The highest recorded value was 17.5% in 2000.
- What is the lowest current account balance as a proportion of gdp recorded in Russian Federation?
- The lowest recorded value was 1.5% in 2013.
- How does Russian Federation rank for current account balance as a proportion of gdp?
- Russian Federation ranks 56th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Russian Federation?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is volatile.
- Where does this Russian Federation data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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