Lending interest rate in Russia
Russia: Lending interest rate was 17.1% in 2024. ◆ Volatile
Lending interest rate in Russia, 1997–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Russia is 17.1%, measured in 2024.
Compared with earlier readings it is up 47.1% on the previous year and up 53.4% over ten years.
Over the whole period, lending interest rate in Russia peaked at 41.8% in 1998 and was at its lowest, 6.8%, in 2020.
That places Russia 24th out of 148 countries with data for 2024, putting it in the top quarter.
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 | 37.9% | 32.0% | 41.8% | 3 |
| 2000s | 14.1% | 10.0% | 24.4% | 10 |
| 2010s | 10.5% | 8.5% | 15.7% | 10 |
| 2020s | 10.8% | 6.8% | 17.1% | 5 |
Countries ranked near Russia
- 21 Iran 18.0% compare
- 22 Sao Tome and Principe 17.8% compare
- 23 Mozambique 17.5% compare
- 25 Mauritania 17.0% compare
- 26 Tanzania 16.7% compare
- 27 Kenya 16.6% compare
More financial sector data for Russia
- Net migration -251,822 (2025)
- Total reserves in months of imports 16.78 (2024)
- Net domestic credit 80.72 trillion current LCU (2021)
- Domestic credit to private sector by banks 54.6% (2021)
- Net foreign assets 53.65 trillion current LCU (2021)
- Claims on central government, etc. -6.5% (2021)
- Monetary Sector credit to private sector 54.6% (2021)
- Domestic credit to private sector 54.6% (2021)
- Broad money 69.9% (2020)
- Official exchange rate 92.55 LCU per US$, period average (2024)
Frequently asked questions
- What is lending interest rate in Russia?
- Lending interest rate in Russia was 17.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Russia?
- The highest recorded value was 41.8% in 1998.
- What is the lowest lending interest rate recorded in Russia?
- The lowest recorded value was 6.8% in 2020.
- How does Russia rank for lending interest rate?
- Russia ranks 24th out of 148 countries with data for 2024.
- Is lending interest rate rising or falling in Russia?
- Over the last ten years it is up 53.4%. 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 Lending interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.