Russia - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts