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Russia Trade balance, percent of GDP

(percent, source: The World Bank)

Russia Trade balance as percent of GDP: For that indicator, The World Bank provides data for Russia from 1989 to 2016. The average value for Russia during that period was 8.16 percent with a minumum of 0.22 percent in 1990 and a maximum of 20.03 percent in 2000.
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The trade balance for Russia and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit. Trade balance, percent of GDP rankings around the world. Create and download charts for Russia Trade balance, percent of GDP and other indicators with the country comparator.


Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).