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 decrease to two percent in 2024, with further decreases predicted in the following years.
Annual share of current account balance in the gross domestic product (GDP) in Russia from 2021 to 2026
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. (April 10, 2024). Annual share of current account balance in the gross domestic product (GDP) in Russia from 2021 to 2026 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/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 2021 to 2026." Chart. April 10, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/
World Bank. (2024). Annual share of current account balance in the gross domestic product (GDP) in Russia from 2021 to 2026. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/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 2021 to 2026." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/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 2021 to 2026 Statista, https://www.statista.com/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/ (last visited November 22, 2024)
Annual share of current account balance in the gross domestic product (GDP) in Russia from 2021 to 2026 [Graph], World Bank, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/1057995/russia-current-account-balance-as-a-share-of-gdp/