External sector
EXTERNAL
State
VulnerableConfidence: High
- Level
- Vulnerable
- Momentum
- Barely changing
- Reference period
- Q2 2026
- Computed
- Oct 31, 2026, 03:30 PM MSK
The external position is vulnerable, barely changing. Confidence: high.
What this rests on
as of Q2 2026| Indicator | Role | Value | Read as |
|---|---|---|---|
| Current account, share of GDP | Primary | 1.68% | Vulnerable · down |
| Goods imports, year on year | Confirming | 14.94% | both sides moving together · up |
| Real effective exchange rate index | Context | 132.6 index | the relative price behind the trade account · flat |
Block indicators
latest value and its change on the previous readingCurrent account, share of GDP · primary
Q2 2026 · calculated
1.68%
+0.45 pp
Current account balance · primary
Q2 2026
$16.9 bn
+$3.8 bn
International reserves · primary
Oct 23, 2026
$729.6 bn
+$6.4 bn
Real effective exchange rate, change on previous period · primary
August 2026
-7.00%
-2.20 pp
Trade balance · primary
Q2 2026
$39.4 bn
+$12.3 bn
Official US dollar exchange rate · primary
Oct 30, 2026
80.68 RUB/USD
-0.19 RUB/USD
Goods exports
Q2 2026
$125.7 bn
+$24.8 bn
Goods exports, year on year
Q2 2026 · calculated
27.36% y/y
+23.63 pp
Goods imports
Q2 2026
$86.3 bn
+$12.5 bn
Goods imports, year on year
Q2 2026 · calculated
14.94% y/y
+4.33 pp
Real effective exchange rate index
August 2026 · calculated
117.4
-8.84