Russia’s Foreign Assets and Liabilities, Q1 2026

International investment position by category; US$ billions at 31 December 2025 and 31 March 2026.

What the Data Shows

Russia’s foreign assets and liabilities are compared across six international-investment categories between 31 December 2025 and 31 March 2026. Values are stocks in billions of US dollars, and reserve assets have no liability counterpart. Total foreign assets eased from US$1,766.8 billion to US$1,763.3 billion, while liabilities fell from US$670.0 billion to US$652.6 billion. The published net international investment position therefore rose from US$1,096.9 billion to US$1,110.7 billion.

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Data table

Total — Assets Dec 2025 US$1,766.8B

Total — Liabilities Dec 2025 US$670B

Total — Assets Mar 2026 US$1,763.3B

Total — Liabilities Mar 2026 US$652.6B

Direct investment — Assets Dec 2025 US$276.4B

Direct investment — Liabilities Dec 2025 US$299.2B

Direct investment — Assets Mar 2026 US$265.8B

Direct investment — Liabilities Mar 2026 US$290.1B

Portfolio investment — Assets Dec 2025 US$52.9B

Portfolio investment — Liabilities Dec 2025 US$140.7B

Portfolio investment — Assets Mar 2026 US$50.3B

Portfolio investment — Liabilities Mar 2026 US$138.1B

Financial derivatives — Assets Dec 2025 US$0.1B

Financial derivatives — Liabilities Dec 2025 US$0.1B

Financial derivatives — Assets Mar 2026 US$0.1B

Financial derivatives — Liabilities Mar 2026 US$0B

Other investment — Assets Dec 2025 US$682.7B

Other investment — Liabilities Dec 2025 US$230B

Other investment — Assets Mar 2026 US$698.1B

Other investment — Liabilities Mar 2026 US$224.4B

Reserve assets — Assets Dec 2025 US$754.9B

Reserve assets — Liabilities Dec 2025 —

Reserve assets — Assets Mar 2026 US$749B

Reserve assets — Liabilities Mar 2026 —

Sources

Source 1: Balance of Payments, International Investment Position and External Debt

Publisher: Bank of Russia

Dataset/table: Balance of Payments, International Investment Position and External Debt

Units: billions of USD

Date checked: 2026-07-18

Evidence: Supports the asset and liability values by investment category at 31 December 2025 and 31 March 2026, plus the published net positions.

Data notes & caveats

The international investment position is a stock measure. Reserve assets are recorded only as assets, and the published net position is retained separately because rounded totals can differ slightly from subtraction.

Methodology

Assets and liabilities are matched by investment category at 31 December 2025 and 31 March 2026. Missing reserve-asset liability cells remain null rather than zero.

Source consistency notes

All category values use one Bank of Russia external-sector table, the same two reference dates and the same US-dollar unit.

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