The current account surplus of the Russian Federation's balance of payments in the first quarter of 2025 decreased by 17.2% to $19.8 billion from $23.9 billion in the corresponding period of 2024 due to a decrease in the trade balance and a widening deficit in primary and secondary income. This is reported in the materials of the Bank of Russia.
In March 2025, the current account surplus rose to $10.7 billion from $6.7 billion a month earlier. The increase in the indicator is caused by the strengthening of the trade balance, the regulator emphasizes.
The surplus of the balance of foreign trade in goods in the first quarter decreased to $32.5 billion from $34.8 billion a year earlier due to a larger decline in exports compared with imports. In March, the surplus of the balance of foreign trade in goods increased by $4.3 billion to $14.8 billion due to faster growth in exports of goods compared with imports.
Foreign assets, excluding reserve assets, increased by $18.4 billion in the first quarter. The main contribution was made by other investments. In March, foreign assets, excluding reserve assets, increased by $7.4 billion from $4.7 billion a month earlier due to an increase in other investments.
