Russia: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 15.78 percent as of June 2024, a decline compared to the previous value of 15.91 percent. Historically, the average for Russia from January 2011 to June 2024 is 10.56 percent. The minimum of 6.26 percent was recorded in November 2020, while the maximum of 17.48 percent was reached in January 2015.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of the Russian Federation
| Recent values | Russia: Business credit interest rate, percent |
|---|---|
| 2024 Jun | 15.78 |
| 2024 May | 15.91 |
| 2024 Apr | 16.01 |
| 2024 Mar | 16.12 |
| 2024 Feb | 15.87 |
| 2024 Jan | 15.59 |
| 2023 Dec | 15.1 |
| 2023 Nov | 13.86 |
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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 | 2021 | index points |
| USD exchange rate | 91.3164 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 103,557.20 | 6/2024 | billion |
| Consumer Price Index (CPI) | 852.6000 | 8/2024 | index points |
| Inflation, monthly | 0.20 | 8/2024 | percent |
| Inflation, annual | 9.06 | 8/2024 | percent |
| Private sector credit | 104,310.67 | 5/2024 | billion |
| Business credit | 66,439.13 | 5/2024 | billion |
| Household credit | 37,871.54 | 5/2024 | billion |
| Mortgage credit | 18,766.65 | 5/2024 | billion |
| Consumer credit | 19,417.92 | 5/2024 | billion |
| Deposit interest rate | 16.45 | 6/2024 | percent |
| Business credit interest rate | 15.78 | 6/2024 | percent |
| Mortgage credit interest rate | 9.20 | 11/2019 | percent |
| Policy rate | 19.00 | 9/2024 | percent |
| Household debt to GDP | 22.20 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 18.00 | Q1/2024 | percent |