Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

The Export of Capital from Russia by Private Sector Companies in 2017 Amounted to $ 31.3 Billion
January 18, 2018 12:41


The export of capital from Russia by private sector companies in 2017 amounted to $ 31.3 billion. This is told in the report of the Bank of Russia.

For comparison, in 2016 the outflow amounted to 19.8 billion US dollars. During the year this indicator grew by about 60 percent. The main source of net capital export was banking sector operations to reduce external liabilities. Capital flows associated with the operations of other sectors were generally mutually compensating.

According to the forecast of the Central Bank, the outflow of capital in the coming year will be about 16 billion US dollars. In 2019-2020, it will be reduced to 8-9 billion US dollars. As a result of past year, the account of current transactions was positive and amounted to 40.2 billion US dollars. In 2016, it was 25 billion US dollars. Net exports of goods notably increased. According to calculations by the Ministry of Economic Development, the inflow of capital to Russia will not be recovered until 2023.

Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Deficit Of Federal Budget in Russia Amounted to 1,393 Trillion Roubles Headline Scanner: Russian Economy 'Ailing' Russian Hackers Attack 200 US Election-related Organizations Olympic Games 2014 Russian Officials Triumph Russia Retaliates against EU Sanctions over Navalny

Comment on our site

RSS   twitter      submit

Taganka Theatre  Barnaul  Alisher Usmanov  Santa Claus  Exhibitions in Moscow  EU visas for Russians  Krasnodar  Syria  Ski resorts  Russian political parties  Moscow Theatres  Joan Miro  cruises St. Petersburg - Helsinki  education  Russian economy  debt  Moscow Zoo  Roman Abramovich  Labirintia   Russian scientists  Sochi Olympic Games 2014  Russia-France  Russian transportation  Elena Kamburova  Mercedes-Benz Fashion Week Russia  Kaluga Region  Mammoths  St. Petersburg  Komsomolskaya  David Satter  Partition of Russia  Russian business  Moscow  human rights in Russia  Joseph Brodsky  alcohol  Alexander Pushkin  Russian natural reserves  Russian Fine Arts  incident  Russian tourism  Russian science  Ghost the Musical  Russian Cinema  US sanctions  City Hunter  Dismountable Cycle Track  "Ballet of Moscow" Theatre  Gusli  Russian art 

Travel Blogs
Top Traveling Sites