An electronically controllable resistor (ECR) designed for changing the resistance of a portion of a circuit comprises a voltage converter, a subtractor, an instrumental resistor (IR), and an executive element (EE) which can include at least one MOSFET or IGBT or a vacuum tube. There are a high-potential and two control voltage sources. The converter, which can use logarithmic amplifiers or be digital, is adapted to multiply the high-potential voltage by one of the control voltages and divide by another one. The resulting intermediate voltage is applied to the subtractor and compared therein with a voltage drop on the IR created by the current flowing through the IR and the EE. Thus, the ECR resistance can be regulated. The ECR makes it possible to achieve a wide range of resistance values, down to ultra-small values, while maintaining tolerance to destabilizing factors, including temperature. Also claimed is an ECR control circuit.