India vs Russia: Real interest rate
Real interest rate over time
- India
- Russia
How they compare
Russia currently reports 5.8% against 5.6% in India, a difference of 0.2%.
The two have swapped places 9 times across 26 shared years of data; in 1997 it was Russia ahead.
India ranks 64th and Russia ranks 61st of 148 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.1% | 5.1% | 1.9% | India |
| 2000s | 5.9% | -2.3% | 8.2% | India |
| 2010s | 4.4% | 1.8% | 2.5% | India |
| 2020s | 3.3% | -3.1% | 6.4% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, India or Russia?
- Russia, at 5.8% against 5.6% in India as of 2024.
- What is the difference in real interest rate between India and Russia?
- 0.2%, with Russia ahead.
- How many years of comparable data are there for India and Russia?
- 26 years are reported by both, from 1997 to 2022.
- How do India and Russia rank globally for real interest rate?
- India ranks 64th and Russia ranks 61st of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.