Russia - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Russia was $73,630,230,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between $165,826,000,000 in 2018 and $1,123,160,000 in 1990.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 $4,508,116,000
1990 $1,123,160,000
1991 $1,481,481,000
1992 $64,753,030,000
1993 $33,548,200,000
1994 $18,027,560,000
1995 $13,428,950,000
1996 $16,544,400,000
1997 $8,919,620,000
1998 $18,073,160,000
1999 $33,395,610,000
2000 $52,012,090,000
2001 $38,865,270,000
2002 $37,240,830,000
2003 $48,937,830,000
2004 $72,422,770,000
2005 $104,616,000,000
2006 $125,994,000,000
2007 $112,061,000,000
2008 $153,407,000,000
2009 $90,978,690,000
2010 $123,146,000,000
2011 $165,215,000,000
2012 $147,144,000,000
2013 $123,874,000,000
2014 $132,221,000,000
2015 $109,725,000,000
2016 $66,276,050,000
2017 $83,515,020,000
2018 $165,826,000,000
2019 $128,726,000,000
2020 $73,630,230,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Russia was 5,309,100,000,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 10,392,000,000,000 in 2018 and a minimum value of 1,400,000 in 1990.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1989 5,100,000
1990 1,400,000
1991 4,000,000
1992 2,674,300,000
1993 13,224,700,000
1994 27,868,800,000
1995 48,500,000,000
1996 84,800,000,000
1997 51,600,000,000
1998 175,400,000,000
1999 822,200,000,000
2000 1,463,100,000,000
2001 1,133,700,000,000
2002 1,167,500,000,000
2003 1,502,000,000,000
2004 2,086,500,000,000
2005 2,959,000,000,000
2006 3,425,900,000,000
2007 2,866,600,000,000
2008 3,812,600,000,000
2009 2,887,700,000,000
2010 3,739,700,000,000
2011 4,854,400,000,000
2012 4,537,900,000,000
2013 3,943,800,000,000
2014 5,074,400,000,000
2015 6,686,400,000,000
2016 4,444,200,000,000
2017 4,872,500,000,000
2018 10,392,000,000,000
2019 8,333,400,000,000
2020 5,309,100,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Russia was 4.96 as of 2020. Its highest value over the past 31 years was 20.03 in 2000, while its lowest value was 0.22 in 1990.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 0.89
1990 0.22
1991 0.29
1992 14.07
1993 7.71
1994 4.56
1995 3.40
1996 4.22
1997 2.20
1998 6.67
1999 17.05
2000 20.03
2001 12.68
2002 10.78
2003 11.37
2004 12.25
2005 13.69
2006 12.73
2007 8.62
2008 9.24
2009 7.44
2010 8.08
2011 8.08
2012 6.66
2013 5.40
2014 6.42
2015 8.05
2016 5.19
2017 5.31
2018 10.01
2019 7.63
2020 4.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts