Russia: Lending interest rate

* indicates monthly or quarterly data series

Interest rates on bank credit to the private sector

 Latest value 11.46
 Year 2022
 Measure percent
 Data availability 1997 - 2022
 Average 14.83
 Min - Max 6.78 - 41.79
 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 91 countries is 11.75 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Russia - Lending interest rate - Recent values chart

Historical chart
Russia - Lending interest rate - historical chart - 1997-2022

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.

Related articles

Banking crises

Types of financial institutions

Financial development and economic development

 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 3.01 2020 interest rate points
 Bank cost to income ratio 59.00 2021 percent
 Non-performing loans 6.10 2022 percent
 Bank overhead cost 0.47 2021 percent
 Net interest margin 0.52 2021 percent
 Bank credit to deposits 104.36 2021 percent
 Regulatory capital to risk-weighted assets 12.47 2020 percent
 Return on assets 0.29 2021 percent
 Return on equity 2.37 2021 percent
 Banking system z-scores 6.87 2021 index points
 Liquid assets to deposits 30.14 2021 percent
 Banking system capital to assets 9.97 2020 percent
 Non-interest income to total income 41.51 2021 percent
 Lending interest rate 11.46 2022 percent
 Real interest rate -3.75 2022 percent
 Legal rights 9.00 2019 points
 Credit information sharing 7.00 2019 points
This site uses cookies.
Learn more here