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.
|Balance on goods and services||106.5||35.2|
|Balance on primary and secondary income||-10.7||-7.6|