The current account surplus of the Russian Federation's balance of payments in 2025 amounted to $41.4 billion, or 2% of Russia's GDP. This is 33.9% less than in 2024, according to materials posted on the website of the Bank of Russia.
The main role was played by a decrease in the trade surplus due to a decrease in exports with relatively stable imports, as well as an increase in the deficit in the balance of services due to a more significant increase in imports of services, the regulator emphasizes.
The surplus of the balance of foreign trade in goods decreased by 11.7% to $116.7 billion.
The deficit in the balance of services increased by 26.6% to $48.6 billion. Its dynamics was determined by the outstripping growth in imports of services, mainly due to an increase in Russians' expenses during foreign trips as a result of an increase in both the number of departures and average travel expenses.
In addition, imports of other services, including construction and ICT services, expanded. The growth in the export of services is most associated with an increase in expenses incurred by foreigners during visits to the Russian Federation and the provision of other services to non-residents, including construction, ICT, and other business services.
