Military Review

American edition: Russia managed to achieve a current account surplus of $ 220 billion against the backdrop of numerous sanctions

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American edition: Russia managed to achieve a current account surplus of $ 220 billion against the backdrop of numerous sanctions

At the end of 2022, the Russian Federation managed to achieve a current account surplus of $220 billion, despite the numerous sanctions imposed against it.


According to analysts of the American publication The Economist, the Russian economy is in a much better position than expected. And the countries of the European Union that initiated numerous anti-Russian sanctions faced a significant increase in the growth of energy prices, which inevitably led to a recession in their economies. Russia's current account surplus, contrary to the expectations of the West, reached $2022 billion in 220, which is twice as high as last year. The decline in GDP in the Russian Federation at the end of the year will not exceed 2,5%.

The article says that the Russian authorities at the beginning of the special operation in Ukraine were able to convince citizens that they would not allow a tangible increase in prices. The Central Bank increased interest rates, which led to the fact that depositors began to return funds withdrawn at the beginning of the coronavirus pandemic.

The American edition also points out that, despite the fact that many Western firms left the Russian market, the vacant seats were immediately filled by companies from other countries. Thus, Turkey has become one of the intermediaries for European organizations to circumvent sanctions.

Thus, the Russian economy turned out to be in much better shape than Western analysts predicted, which is recognized by Western experts themselves.
Photos used:
Pixabay
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  1. Hagakure
    Hagakure 31 December 2022 11: 54
    +6
    How they love to count other people's money. This is really a civilization of traders and rogues.
    1. Edik
      Edik 31 December 2022 12: 01
      0
      Quote: Hagakure
      How they love to count other people's money. This is really a civilization of traders and rogues.

      Believe me, if the Russian economy was torn to shreds, as they threatened us, then this would be trumpeted from every iron! And this is so, an isolated case.
    2. topol717
      topol717 31 December 2022 12: 03
      +1
      Quote: Hagakure
      How do they like to count other people's money

      And if you do not count, how then to select and divide?
    3. Machito
      Machito 31 December 2022 12: 08
      +5
      Quote: Hagakure
      How they love to count other people's money. This is really a civilization of traders and rogues.

      It turned out that resources are much more expensive than "intellectual" property.
      Long live intellectual pirates and robing hoods!!!
      Happy New Year!!! drinks drinks drinks
      1. Nexcom
        Nexcom 31 December 2022 12: 27
        -1
        Americans have always bought and poached "brains". A nation of bandits and merchants is practically incapable of creating.
        1. filibuster
          filibuster 1 January 2023 22: 22
          0
          Just to write this message, you used 90% American technology from hardware to software.
          You should never underestimate your enemy, remember even the words of Stalin that he spoke about the US economy:

          “I want to tell you what, from the Soviet point of view, the President and the United States have done to win the war. The most important things in this war are the machines. The United States has proven that it can produce 8,000 to 10,000 aircraft a month. Russia can produce at most 3000 planes a month. England produces 3000-3500 a month, mostly heavy bombers. So the United States is a land of machines. Without these machines, supplied under Lend-Lease, we would have lost this war. "
      2. hector
        hector 31 December 2022 12: 55
        0
        Quote: Bearded
        It turned out that resources are much more expensive than "intellectual" property.

        If only because without resources, intellectual property cannot be translated into a real product.
      3. KCA
        KCA 31 December 2022 13: 03
        +6
        So our entire GDP is raw materials, food and industrial, in the USA 78% of GDP is the service sector, mainly legal and finance, shifting money from one pocket to another and back, real production, if I'm not mistaken, only 7%
  2. Fangaro
    Fangaro 31 December 2022 12: 20
    +1
    It remains not to lose this surplus, like the previously placed 300-odd billion.
    1. hector
      hector 31 December 2022 12: 56
      -1
      Quote from Fangaro
      It remains not to lose this surplus, like the previously placed 300-odd billion.

      It is possible that the Central Bank and the Ministry of Finance are already hinting at a repetition of such a maneuver.
      1. Nyrobsky
        Nyrobsky 31 December 2022 17: 30
        0
        Quote: ettore
        Quote from Fangaro
        It remains not to lose this surplus, like the previously placed 300-odd billion.

        It is possible that the Central Bank and the Ministry of Finance are already hinting at a repetition of such a maneuver.

        That's the thing, it's out of the question. Then information appeared that these mattress bandos could not find these 300 billion. Or rather, they have information for 100 billion, but where our 200 more have been thrown, they cannot get it. I don’t know how true this is, but I think that Khazin will not drive an empty one, because. he is closer to this economic get-together.
        If this is so, then, given that our people were squeezed out of their assets on our territory, we lost practically nothing at all. winked
    2. Dingo
      Dingo 31 December 2022 23: 28
      -1
      It remains not to lose this surplus, like the previously placed 300-odd billion.

      And you tell this to Nabiullina ... Otherwise, her "accomplice" Siluanov is again at the same gate ... He is itchy ...
  3. tralflot1832
    tralflot1832 31 December 2022 12: 25
    +2
    It's just that our imports lag behind exports. Metallurgy is a sore spot for us, too much metal was driven west. The surplus would be even greater.
  4. Mihail0221
    Mihail0221 31 December 2022 12: 28
    +2
    The American edition also points out that, despite the fact that many Western firms left the Russian market, the vacant seats were immediately filled by companies from other countries. Thus, Turkey has become one of the intermediaries for European organizations to circumvent sanctions.

    Special thanks at the end of the year to comrades from Turkey for circumventing the sanctions. yes I have a worker (metallurgy), with a decrease in production volumes and a change in the product mix, the salary at the end of the year increased by more than 100 thousand compared to 2021. So that's it. The working man lives and not only chews bread. laughing
    Happy New Year Dear Russian (in the broad sense of the word) patriots!!!!
    We will continue to fight and help our Motherland in the information field. soldier
    1. agond
      agond 31 December 2022 12: 50
      +1
      Actually, according to the Ministry of Finance: the budget surplus of the Russian Federation from January to November 2022 amounted to 557 billion rubles. it is not clear how this compares with the $220 billion calculated by analysts from the American edition of The Economist.
      1. hector
        hector 31 December 2022 13: 00
        +2
        Quote: agond
        Actually, according to the Ministry of Finance: the budget surplus of the Russian Federation from January to November 2022 amounted to 557 billion rubles. it is not clear how this compares with the $220 billion calculated by analysts from the American edition of The Economist.

        As long as resource pricing in Russia is in dollars and GDP is calculated in dollars, reporting will be according to their methods and their companies will carry it out, these misunderstandings will be endless.
      2. sofkar
        sofkar 31 December 2022 14: 31
        +1
        Quote: agond
        Actually, according to the Ministry of Finance: the budget surplus of the Russian Federation from January to November 2022 amounted to 557 billion rubles. it is not clear how this compares with the $220 billion calculated by analysts from the American edition of The Economist.

        It's simple: a BUDGET surplus and a FOREIGN TRADE ACCOUNT surplus are completely different indicators. The second means that all participants in the economy (both state and private) hardly import goods (and services) into the country, but export 220 billion more.
        I'm trying to figure out what's good and joyful in this .....
        1. Guran33 Sergey
          Guran33 Sergey 1 January 2023 22: 31
          0
          on the surplus of the foreign trade account, USA in the second world captured 60% of the world's GDP
      3. edatlt
        edatlt 1 January 2023 17: 55
        0
        Did you get this data?
        The deficit is several trillion, and has long been

        https://www.budget.gov.ru/%D0%93%D0%BB%D0%B0%D0%B2%D0%BD%D0%B0%D1%8F-%D1%81%D1%82%D1%80%D0%B0%D0%BD%D0%B8%D1%86%D0%B0?_adf.ctrl-state=1c0vm605tk_4&regionId=45000000
        1. Former soldier
          Former soldier 2 January 2023 00: 24
          0
          Did you get this data?
          The deficit is several trillion, and has long been

          Do not confuse two things.
          1. Russia has a surplus in foreign trade. The proceeds from sales abroad are 500 billion dollars, and the purchase of 280 billion 500-280 = 220 about which in this article.
          2. Russia has a state budget deficit. That is, the planned budget expenditures for 2023 amount to 27 trillion rubles, and the expected income is ??? several trillion. less. Why? Because the surplus of $220 billion in foreign trade does not return to Russia, and it is impossible for Russia to buy anything (rubles, materials) with them, because they belong to private individuals.
  5. Yura
    Yura 31 December 2022 13: 24
    +5
    I remembered here, looked and was a little taken aback by the conclusion that in the entire history of Russia known to me this is the first time that this is the case, the state is at war and the economy is not falling, cannons are not poured from bells, the last of the peasant barns is not rowed and everything that brought the people to a beggarly state and led to riots, are we somehow fighting wrong or what? But in general, I wanted to turn to our historians here on the resource, who can competently delve into this topic and enlighten us, and write at least some brief overview, covering the period starting around the time of the reign of Ivan the Terrible.
  6. Arkady007
    Arkady007 31 December 2022 15: 54
    +3
    To be honest, it's strange to read about a surplus after refusing to add cash.
    Someone is lying again.
    1. edatlt
      edatlt 1 January 2023 18: 00
      0
      That's right, the budget deficit is already several trillion, and this is given the fat year 2022, when at the beginning there was no SVO, then high oil and gas prices

      Now exports have dropped sharply due to the embargo, and prices are no longer 120 for oil
      It is not clear how to raise at least the same amount in 2023, so expect not an increase, but cuts in budget spending

      https://www.budget.gov.ru/
  7. Carlos Hall
    Carlos Hall 31 December 2022 16: 09
    -5
    Undoubtedly, on the economic front, Russia has achieved a strategic victory in 2022.
    1. Alf
      Alf 31 December 2022 17: 39
      +3
      Quote from Carlos Sala
      Undoubtedly, on the economic front, Russia has achieved a strategic victory in 2022.

      But the personal wallet of a simple Russian says otherwise...
  8. runway-1
    runway-1 31 December 2022 17: 09
    0
    Quote: Michael0221
    The American edition also points out that, despite the fact that many Western firms left the Russian market, the vacant seats were immediately filled by companies from other countries. Thus, Turkey has become one of the intermediaries for European organizations to circumvent sanctions.

    Special thanks at the end of the year to comrades from Turkey for circumventing the sanctions. yes at my worker (metallurgy), with a decrease in production volumes and a change in the product mix, the salary at the end of the year increased by more than 100 thousand compared to 2021. So that's it. The working man lives and not only chews bread. laughing
    Happy New Year Dear Russian (in the broad sense of the word) patriots!!!!
    We will continue to fight and help our Motherland in the information field. soldier

    Everything about this text is great! winked What a happy person after all - a worker in the information field ... lol
    1. Mihail0221
      Mihail0221 31 December 2022 21: 01
      0
      Everything about this text is great! winked What a happy person - a worker in the information field... lol

      Not everything is fine, of course, Mr. Tsipsoshnik. But it's not as bad as you're trying to make it out to be...
    2. Dingo
      Dingo 31 December 2022 23: 33
      -2
      Everything about this text is great! winked What a happy person - a worker in the information field... lol

      Did you also pay attention to this hacky stuffing?
  9. VladimirNET
    VladimirNET 31 December 2022 22: 30
    -1
    Quote: Sofkar
    means that all participants in the economy (both state and private traders) almost do not import goods (and services) into the country, but export 220 billion more. I'm trying to figure out what's good and joyful in this .....

    As I understand it, if Russia earns (abroad) $220 billion, then it should spend it - in the same place. Won't SUCH growth of money (in the domestic market) lead to an increase in the money supply, and as a result, inflation?
    In addition, not all of the money received is in rubles, which means that in fact it is money "in the currency of other countries."
  10. Vsevolod136
    Vsevolod136 1 January 2023 04: 36
    -1
    achieve a current account surplus of $220 billion despite the multiple sanctions imposed on it.

    The devil, as you know, is in the details.
    First, 10 trillion rubles is the profit of the oil and gas industry, today it is dense, but tomorrow it is empty.
    Second, 24,2 trillion rubles are expenses, against 14,7 trillion rubles of income (excluding oil and gas), and this is a deficit.
    Third, with a reduction (the current 500 billion) of income from oil and gas (sanctions, falling prices), there will probably be krants, in the sense of a polar fox.
    1. edatlt
      edatlt 1 January 2023 18: 04
      0
      The figures are slightly different, but in principle everything is correct, the budget deficit is already several trillion

      As much as they earned in 2022 without a few months without a SVO, at high oil and gas prices, without an embargo, in 2023 it will be impossible without devaluing the ruble

      https://www.budget.gov.ru/

      So everything will be very sad
  11. Former soldier
    Former soldier 1 January 2023 05: 41
    0
    Russia's current account surplus, contrary to the expectations of the West, reached $2022 billion in 220, which is twice as much as last year.

    According to my concepts, the balance should be zero or with a small surplus.
    Otherwise, these 220 billion are simply withdrawn from the Russian economy. Temporarily or permanently unknown.
  12. Architect
    Architect 1 January 2023 16: 49
    +2
    This surplus means that we were not given this or that product from unfriendly countries in the amount of 220 billion. And they gave cut paper instead of our non-renewable resources.