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Balance of Payments of the Russian Federation

Balance of Payments of the Russian Federation for 2014
(Methodology of the 6th edition of the Balance of Payments and International Investment Position Manual (BPM6))
Main Components

Transaction Signs According to BPM5*

millions of US dollars

Q1 2014 Q2 2014 Q3 2014 Q4 2014 2014
Current account 25,857 12,197 6,019 15,389 59,462
Goods and services 39,436 37,318 26,682 31,061 134,497
Exports 138,111 149,667 143,590 132,192 563,561
Imports -98,675 -112,349 -116,909 -101,131 -429,064
Goods 50,508 51,693 45,267 42,269 189,737
Exports 123,012 132,323 125,746 116,681 497,763
Imports -72,504 -80,630 -80,480 -74,412 -308,026
Services -11,072 -14,375 -18,585 -11,208 -55,240
Exports 15,099 17,344 17,844 15,511 65,798
Imports -26,172 -31,719 -36,429 -26,719 -121,039
Primary income -11,733 -24,402 -17,097 -13,950 -67,182
Receivable 13,549 11,831 12,142 9,387 46,909
Payable -25,281 -36,233 -29,239 -23,337 -114,090
Compensation of employees -2,670 -2,585 -2,684 -2,136 -10,074
Receivable 1,026 1,055 1,032 1,026 4,139
Payable -3,696 -3,640 -3,716 -3,161 -14,213
Investment income -9,090 -21,826 -14,483 -11,839 -57,238
Receivable 12,483 10,752 11,016 8,322 42,573
Payable -21,573 -32,577 -25,499 -20,161 -99,811
Rent 28 8 70 24 130
Receivable 39 24 94 39 196
Payable -12 -16 -24 -14 -66
Secondary income -1,847 -719 -3,566 -1,721 -7,853
Receivable 3,632 5,874 4,022 4,195 17,722
Payable -5,479 -6,593 -7,587 -5,916 -25,576
Capital account -178 -71 -9,974 -31,789 -42,012
Gross acquisitions / disposals of nonproduced nonfinancial assets -191 -16 -50 -27 -284
Capital transfers 13 -54 -9,924 -31,762 -41,728
Received 132 71 58 158 419
Paid -119 -126 -9,982 -31,920 -42,147
Balance from current and capital accounts 25,679 12,126 -3,955 -16,400 17,450
Financial account (“+” - increase in liabilities and decrease in assets, “-” - increase in assets and decrease in liabilities) -19,800 -17,414 -286 11,282 -26,218
Direct investment -1,548 -2,437 -12,228 -19,267 -35,480
Net acquisition of financial assets -14,413 -14,568 -11,620 -15,837 -56,438
Net incurrence of liabilities 12,865 12,131 -608 -3,430 20,958
Portfolio investment -17,635 -1,908 -10,876 -9,450 -39,869
Net acquisition of financial assets -5,284 -1,616 -2,790 -7,053 -16,744
Net incurrence of liabilities -12,351 -292 -8,086 -2,397 -23,125
Financial derivatives -600 369 -1,037 -3,512 -4,779
Net acquisition of financial assets 3,213 3,506 2,398 7,462 16,579
Net incurrence of liabilities -3,813 -3,136 -3,435 -10,973 -21,358
Other investment -27,368 -23,783 18,172 -20,658 -53,637
Net acquisition of financial assets -33,302 -22,887 29,110 582 -26,497
Other equity -2 -3 -6 -60 -72
Foreign currency -19,353 1,651 -1,572 -22,540 -41,814
Current accounts and deposits -4,660 -6,207 31,723 -3,498 17,358
Loans -7,655 -9,720 6,216 30,803 19,644
Insurance, pension, and standardized guarantee schemes -206 -1,120 -68 88 -1,305
Trade credit and advances 2,008 563 -6,802 -3,021 -7,252
Indebtedness on supplies according to intergovernmental agreements 702 -2,259 52 2,819 1,315
Fictitious transactions** -2,848 -3,705 -1,610 -444 -8,607
Other accounts receivable -1,289 -2,089 1,179 -3,566 -5,765
Net incurrence of liabilities 5,934 -896 -10,938 -21,241 -27,140
Other equity 0 2 0 -4 -2
Domestic currency -65 -77 -492 -386 -1,021
Current accounts and deposits -228 -4,339 -6,799 -8,645 -20,011
Loans 5,348 -882 18 -13,310 -8,825
Insurance, pension, and standardized guarantee schemes 141 -4 122 86 345
Trade credit and advances 329 118 144 -237 354
Other accounts payable 409 4,286 -3,931 1,256 2,020
Special drawing rights 0 -0 -1 -0 -1
Reserve assets 27,351 10,345 5,683 64,169 107,547
Net errors and omissions -5,878 5,288 4,241 5,118 8,768

* Press-release dated March 27, 2015.
** Includes fictitious transactions related to foreign trade in goods and services, securities trading, lending to nonresidents and fictitious transactions with money transfers to residents' accounts abroad, which purpose is cross-border money transfer.
Note: The balance of payments data may be subject to changes (mainly, during a year after being published).

Minor discrepances between the total and the sum of components are due to the rounding of data.

Updated on 31 March 2015.
Balance of Payments of the Russian Federation