Russia Current Account to GDP

Russia recorded a Current Account surplus of 4.80 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Russia is reported by the Central Bank of Russia. From 1992 until 2012, Russia Current Account to GDP averaged 6.1 Percent reaching an all time high of 18.0 Percent in December of 2000 and a record low of -1.4 Percent in December of 1992. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Russia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.80 5.50 18.00 -1.40 3.90 | 2014/06 1992 - 2012 Percent Yearly

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Russia Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 27600.00 2014-02-15 8883.00 39494.00 -3637.00 16564.68 2014-06-30 USD Million [+]
Current Account to GDP 4.80 2012-12-31 5.50 18.00 -1.40 3.90 2014-06-30 Percent [+]
Capital Flows -4182.00 2013-11-15 3031.00 3031.00 -34209.00 -4698.02 2014-03-31 USD Million [+]
Crude Oil Production 10118.00 2013-12-15 9837.00 10118.00 5707.00 10007.40 2014-01-31 Thousands Barrels per Day [+]
External Debt 723.90 2014-03-31 732.00 732.00 545.40 801.70 2014-06-30 USD Billion [+]
Balance of Trade 12429.00 2014-02-15 18855.00 20356.00 -185.00 13510.62 2014-03-31 USD Million [+]
Exports 36534.00 2014-02-15 39460.00 50248.00 4100.00 38712.05 2014-03-31 USD Million [+]
Imports 24105.00 2014-02-15 20605.00 33359.00 2691.00 25716.42 2014-03-31 USD Million [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


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