External balance on goods and services in Russia
Russia: External balance on goods and services was 1.39 trillion constant LCU in 2021. ▼ Falling
External balance on goods and services in Russia, 2016–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2021, external balance on goods and services in Russia stood at 1.39 trillion constant LCU. That is the lowest value across all 6 years on record.
That represents a change of down 67.9% on the previous year and down 68.8% over ten years.
That places Russia 10th out of 161 countries with data for 2021, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.23 trillion constant LCU | 2.49 trillion constant LCU | 4.44 trillion constant LCU | 4 |
| 2020s | 2.86 trillion constant LCU | 1.39 trillion constant LCU | 4.32 trillion constant LCU | 2 |
Countries ranked near Russia
- 7 Democratic Republic of Congo 5.24 trillion constant LCU compare
- 8 Hungary 2.83 trillion constant LCU compare
- 9 Congo 1.40 trillion constant LCU compare
- 11 Thailand 799.63 billion constant LCU compare
- 12 Chad 746.38 billion constant LCU compare
- 13 Equatorial Guinea 511.47 billion constant LCU compare
More economy & growth data for Russia
- DEC alternative conversion factor 83.65 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -630.16 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -7.53 billion current US$ (2025)
- Taxes less subsidies on products 17.98 trillion current LCU (2025)
- Taxes less subsidies on products 214.94 billion current US$ (2025)
- Net primary income (Net income from abroad) -1.50 trillion current LCU (2025)
- Net primary income (Net income from abroad) -17.93 billion current US$ (2025)
- GNI per capita 1.46 million current LCU (2025)
- GNI per capita, Atlas method 15,960 current US$ (2025)
- GNI 212.76 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Russia?
- External balance on goods and services in Russia was 1.39 trillion constant LCU in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Russia?
- The highest recorded value was 4.44 trillion constant LCU in 2016.
- What is the lowest external balance on goods and services recorded in Russia?
- The lowest recorded value was 1.39 trillion constant LCU in 2021.
- How does Russia rank for external balance on goods and services?
- Russia ranks 10th out of 161 countries with data for 2021.
- Is external balance on goods and services rising or falling in Russia?
- Over the last ten years it is down 68.8%. The long-run trend across the full record is falling.
- Where does this Russia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.