Russia: Lending interest rate

* indicates monthly or quarterly data series

Interest rates on bank credit to the private sector

 Latest value 11.46
 Reference 2022
 Measure percent
 Source The World Bank

For that indicator, we provide data for Russia from 1997 to 2022. The average value for Russia during that period was 14.83 percent with a minimum of 6.78 percent in 2020 and a maximum of 41.79 percent in 1998. The latest value from 2022 is 11.46 percent. For comparison, the world average in 2022 based on 78 countries is 11.80 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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The lending interest rate in Russia shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.

Definition: 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.
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