Russia current account to gdp

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Russia current account to gdp: 2.5 (-76.19%)
Last Update: December 31, 2023

Russia current account to gdp closed down 2.5 as of December 31, 2023 from 10.5 from the previous month and 4.7 from last year.


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Russia current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Russia current account to gdp

Date Values
2023-12-31 2.5
2022-12-31 10.5
2021-12-31 6.8
2020-12-31 2.4
2019-12-31 3.9
2018-12-31 6.8
2017-12-31 2
2016-12-31 1.9
2015-12-31 4.9
2014-12-31 2.7
2013-12-31 1.4
2012-12-31 3.2
2011-12-31 4.7
2010-12-31 4.3
2009-12-31 3.8
2008-12-31 5.9
2007-12-31 5.3
2006-12-31 8.9
2005-12-31 10.3
2004-12-31 9.1
2003-12-31 7.2
2002-12-31 8.4
2001-12-31 11.1
2000-12-31 18

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Russia current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp ru.currentaccountgdp 2.5 10.5 -76 -47 Down Down 0 2023-12-31

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Russia current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Russia current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Russia current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Russia current account to gdp

The current account to GDP ratio in Russia refers to the country's balance of trade in goods and services, as well as net income and transfers. A positive current account balance indicates that a country is exporting more than it is importing, while a negative balance suggests the opposite. In recent years, Russia has experienced fluctuations in its current account balance due to changes in global commodity prices and geopolitical tensions. The country's current account to GDP ratio is closely monitored by economists and policymakers as it can have significant implications for the overall health of the economy and the stability of the Russian ruble.

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