The Central Bank of Russia published its second-quarter balance-of-payments assessment, showing that the current account surplus rose to USD 21 billion from USD 2 billion in the same period of 2025. The increase reflected faster growth in goods exports than imports. Goods exports climbed 27% year over year to USD 126 billion, supported by higher global commodity prices, while imports rose 16% to USD 87 billion, partly because of a stronger ruble. The services deficit was broadly unchanged, with increases in both services imports and exports.
2026-08-14Central Bank of Russia
Central Bank of Russia reports current account surplus widened to USD 21 billion in second quarter
The Central Bank of Russia reported that the current account surplus widened to USD 21 billion in the second quarter from USD 2 billion a year earlier. Goods exports rose 27% to USD 126 billion, outpacing a 16% increase in imports to USD 87 billion, while the services deficit was broadly unchanged.