Russia vs South Africa: Private credit by deposit money banks to GDP

Russia
56.3%
in 2021
South Africa
57.7%
in 2021
Russia rank
72nd
South Africa rank
69th

Private credit by deposit money banks to GDP over time

  • Russia
  • South Africa
20406080196519932021

How they compare

South Africa currently reports 57.7% against 56.3% in Russia, a difference of 1.4%.

Across all 21 years both countries report, South Africa has been ahead every year.

Russia ranks 72nd and South Africa ranks 69th of 187 countries.

South Africa has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Russia South Africa Difference Ahead
2000s 27.3% 62.0% 34.7% South Africa
2010s 49.3% 61.4% 12.1% South Africa
2020s 58.1% 59.9% 1.7% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Russia or South Africa?
South Africa, at 57.7% against 56.3% in Russia as of 2021.
What is the difference in private credit by deposit money banks to gdp between Russia and South Africa?
1.4%, with South Africa ahead.
How many years of comparable data are there for Russia and South Africa?
21 years are reported by both, from 2001 to 2021.
How do Russia and South Africa rank globally for private credit by deposit money banks to gdp?
Russia ranks 72nd and South Africa ranks 69th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Russia vs South Africa: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/russian-federation/south-africa/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).