Template-type: ReDIF-Article 1.0
Author-Name: Alexandra V. Bozhechkova
Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration
Author-Name: Alexander Yu. Knobel
Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration
Author-Name: Pavel V. Trunin
Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration
Title: Balance of Payments: Results of 2021
Title: Платежный баланс: итоги 2021 г.
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. 
Keywords: balance of payments, export, import, current account transaction, ruble exchange rate, outflow/inflow of capital, Bank of Russia
Classification-JEL: E58, E44, F32, F21, F31
Journal: Russian Economic Developments
Year: 2022
Issue: 1
Month: January
Pages: 4-8
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2201.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2201