IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/r2201.html
   My bibliography  Save this article

Balance of Payments: Results of 2021
[Платежный Баланс: Итоги 2021 Г]

Author

Listed:
  • Alexandra V. Bozhechkova

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

  • Alexander Yu. Knobel

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

  • Pavel V. Trunin

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

Abstract

In 2021, according to preliminary estimates, the current account balance was more than three times higher than the previous year. In particular, the positive balance of Russia’s trade balance has increased significantly and hit record values due to the outstripping growth in the value of exports compared to imports. The net outflow of private sector capital in 2021 also went up, but to a lesser extent than could be expected based on the growth of geopolitical risks.

Suggested Citation

  • Alexandra V. Bozhechkova & Alexander Yu. Knobel & Pavel V. Trunin, 2022. "Balance of Payments: Results of 2021 [Платежный Баланс: Итоги 2021 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 4-8, January.
    • Handle: RePEc:gai:recdev:r2201
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/r2201.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    balance of payments; export; import; current account transaction; ruble exchange rate; outflow/inflow of capital; Bank of Russia;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F31 - International Economics - - International Finance - - - Foreign Exchange

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:r2201. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.