Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and gas exports kept foreign money flowing in despite Western efforts to isolate the Russian economy.
Russia’s current account—a measure of the difference between all money coming into a country through trade, investment, and transfers, and what flows back out—came in at $227.4 billion, up 86 percent from 2021.
