Current account balance as a proportion of GDP (%) in Russia
Russia: Current account balance as a proportion of GDP (%) was 2.9% in 2024. ◆ Volatile
Latest (2024)
2.9%
Change on year
up 22.2%
World rank
57th
of 205 countries
All-time high
17.5%
in 2000
All-time low
1.5%
in 2013
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Russia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Russia 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 Russia peaked at 17.5% in 2000 and was at its lowest, 1.5%, in 2013.
Russia ranks 57th of 205 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 Russia, 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% |
Russia compared with similar countries
- Russia's 2.9% is above the median for high income countries, which is 1.6%, 1.8× the median. (69 countries reporting)
- Russia's 2.9% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
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 Russia
More economy & growth data for Russia
- Real gdp growth, annual growth rate -80.07 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 168.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5132 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 122.81 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Russia?
- Current account balance as a proportion of gdp in Russia 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 Russia?
- The highest recorded value was 17.5% in 2000.
- What is the lowest current account balance as a proportion of gdp recorded in Russia?
- The lowest recorded value was 1.5% in 2013.
- How does Russia rank for current account balance as a proportion of gdp?
- Russia ranks 57th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Russia?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is volatile.
- Where does this Russia 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).