According to the Bank of Russia’s preliminary estimate, the current account surplus of the balance of payments of the Russian Federation in January — April 2022 continued to grow and amounted to $95.8 billion, increased more than 3.5 times compared to the corresponding period of 2021.
Key Aggregates in details:
— current account dynamics was determined by widening of surplus in the balance of goods and services amid a decline in imports;
— total deficit of other components of the current account increased due to investment income paid to non-residents by other sectors;
— in financial account of the balance of payments, expansion of assets exceeded growth of liabilities.
| Aggregates | January-April 2022 (estimate) |
January-April 2021 |
|---|---|---|
| Current account | 95.8 | 27.5 |
| Balance on goods and services | 106.5 | 35.2 |
| Balance on primary and secondary income | -10.7 | -7.6 |
Department responsible for publication: Statistics Department
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Last updated on: 16.05.2022