Services balance (credit less debit), Net (credits less debits) in Russia
Russia: Services balance (credit less debit), Net (credits less debits) was -38.41 billion in 2024. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Russia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Russia is -38.41 billion, measured in 2024.
The figure is down 6.3% on the previous year and up 30.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Russia peaked at -10.55 billion in 2006 and was at its lowest, -58.26 billion, in 2013.
Russia ranks 193rd of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -11.63 billion | — |
| 2006 | -10.55 billion | -9.2% |
| 2007 | -16.72 billion | +58.4% |
| 2008 | -20.42 billion | +22.1% |
| 2009 | -17.60 billion | -13.8% |
| 2010 | -26.12 billion | +48.4% |
| 2011 | -33.46 billion | +28.1% |
| 2012 | -46.59 billion | +39.2% |
| 2013 | -58.26 billion | +25.1% |
| 2014 | -55.28 billion | -5.1% |
| 2015 | -37.15 billion | -32.8% |
| 2016 | -23.96 billion | -35.5% |
| 2017 | -31.32 billion | +30.7% |
| 2018 | -30.08 billion | -4.0% |
| 2019 | -36.52 billion | +21.4% |
| 2020 | -16.79 billion | -54.0% |
| 2021 | -20.32 billion | +21.0% |
| 2022 | -22.07 billion | +8.6% |
| 2023 | -36.14 billion | +63.7% |
| 2024 | -38.41 billion | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -15.38 billion | -20.42 billion | -10.55 billion | 5 |
| 2010s | -37.87 billion | -58.26 billion | -23.96 billion | 10 |
| 2020s | -26.75 billion | -38.41 billion | -16.79 billion | 5 |
Countries ranked near Russia
More financial sector data for Russia
- Net domestic credit (current LCU), per capita 557,650 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 44.13 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 13.37 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 2.62 billion SDR (2024)
- Gold reserves at market value 150.05 billion SDR (2024)
- Reserves excluding gold, foreign exchange 295.25 billion SDR (2024)
- Reserves excluding gold 316.44 billion SDR (2024)
- Total reserves (gold at market value) 466.49 billion SDR (2024)
- Total reserves (gold at national valuation) 466.50 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 3,247 SDR per person (2024)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Russia?
- Services balance (credit less debit), net (credits less debits) in Russia was -38.41 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Russia?
- The highest recorded value was -10.55 billion in 2006.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Russia?
- The lowest recorded value was -58.26 billion in 2013.
- How does Russia rank for services balance (credit less debit), net (credits less debits)?
- Russia ranks 193rd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Russia?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is falling.
- Where does this Russia data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.