The current account balance of the Russian economy was recorded at its maximum share of the gross domestic product (GDP) in 2022 at 10.3 percent. The figures were expected to fall to below three percent in 2023, with further decreases predicted in the following years.
Annual share of current account balance in the gross domestic product (GDP) in Russia from 2020 to 2025
A current account is the macroeconomic indicator that illustrates country's net foreign assets and encompasses trade balance, net factor income and, net cash transfers.
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World Bank. (October 5, 2023). Annual share of current account balance in the gross domestic product (GDP) in Russia from 2020 to 2025 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/
World Bank. "Annual share of current account balance in the gross domestic product (GDP) in Russia from 2020 to 2025." Chart. October 5, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/
World Bank. (2023). Annual share of current account balance in the gross domestic product (GDP) in Russia from 2020 to 2025. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/
World Bank. "Annual Share of Current Account Balance in The Gross Domestic Product (Gdp) in Russia from 2020 to 2025." Statista, Statista Inc., 5 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/
World Bank, Annual share of current account balance in the gross domestic product (GDP) in Russia from 2020 to 2025 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/ (last visited November 10, 2024)
Annual share of current account balance in the gross domestic product (GDP) in Russia from 2020 to 2025 [Graph], World Bank, October 5, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/
