Deposit interest rate in Russia
Russia: Deposit interest rate was 14.6% in 2024. ◆ Volatile
Deposit interest rate in Russia, 1997–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Russia is 14.6%, measured in 2024.
Compared with earlier readings it is up 93.2% on the previous year and up 142.0% over ten years.
Over the whole period, deposit interest rate in Russia peaked at 17.1% in 1998 and was at its lowest, 3.8%, in 2020.
Russia ranks 8th of 152 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.8% | 13.7% | 17.1% | 3 |
| 2000s | 5.2% | 3.8% | 8.6% | 10 |
| 2010s | 6.0% | 4.4% | 9.2% | 10 |
| 2020s | 7.5% | 3.8% | 14.6% | 5 |
Countries ranked near Russia
More financial sector data for Russia
- Domestic credit to private sector 54.6% (2021)
- Net domestic credit 80.72 trillion current LCU (2021)
- Total reserves in months of imports 16.78 (2024)
- Net foreign assets 53.65 trillion current LCU (2021)
- Domestic credit to private sector by banks 54.6% (2021)
- Monetary Sector credit to private sector 54.6% (2021)
- Claims on central government, etc. -6.5% (2021)
- Broad money 69.9% (2020)
- Official exchange rate 92.55 LCU per US$, period average (2024)
- Net migration -251,822 (2025)
Frequently asked questions
- What is deposit interest rate in Russia?
- Deposit interest rate in Russia was 14.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Russia?
- The highest recorded value was 17.1% in 1998.
- What is the lowest deposit interest rate recorded in Russia?
- The lowest recorded value was 3.8% in 2020.
- How does Russia rank for deposit interest rate?
- Russia ranks 8th out of 152 countries with data for 2024.
- Is deposit interest rate rising or falling in Russia?
- Over the last ten years it is up 142.0%. The long-run trend across the full record is volatile.
- Where does this Russia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.