Russia: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 19.28 percent as of November 2024, an increase compared to the previous value of 18.36 percent. Historically, the average for Russia from January 2011 to November 2024 is 10.78 percent. The minimum of 6.26 percent was recorded in November 2020, while the maximum of 19.28 percent was reached in November 2024.
Click on the following link to see the values of: Business credit interest rate around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of the Russian Federation
| Recent values | Russia: Business credit interest rate, percent |
|---|---|
| 2024 Nov | 19.28 |
| 2024 Oct | 18.36 |
| 2024 Sep | 17.95 |
| 2024 Aug | 17.1 |
| 2024 Jul | 16.38 |
| 2024 Jun | 15.78 |
| 2024 May | 15.93 |
| 2024 Apr | 16.01 |
Download data from our database
Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 6.7 | 2021 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 86.1567 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 117,256.40 | 12/2024 | billion |
| Consumer Price Index (CPI) | 875.4000 | 11/2024 | index points |
| Inflation, monthly | 1.43 | 11/2024 | percent |
| Inflation, annual | 8.88 | 11/2024 | percent |
| Private sector credit | 113,843.13 | 12/2024 | billion |
| Business credit | 74,926.83 | 12/2024 | billion |
| Household credit | 38,916.30 | 12/2024 | billion |
| Mortgage credit | 19,198.50 | 12/2024 | billion |
| Consumer credit | 19,805.18 | 12/2024 | billion |
| Deposit interest rate | 21.57 | 12/2024 | percent |
| Business credit interest rate | 19.28 | 11/2024 | percent |
| Mortgage credit interest rate | 9.20 | 11/2019 | percent |
| Policy rate | 21.00 | 2/2025 | percent |
| Household debt to GDP | 23.30 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 20.90 | Q3/2024 | percent |