Domestic credit to private sector in Russian Federation
Russian Federation: Domestic credit to private sector was 59.8% in 2020. ▲ Rising
Domestic credit to private sector in Russian Federation, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Russian Federation is 59.8%, measured in 2020. That is the highest value across all 20 years on record.
The figure is up 13.7% on the previous year and up 39.5% over ten years.
Over the whole period, domestic credit to private sector in Russian Federation peaked at 59.8% in 2020 and was at its lowest, 16.8%, in 2001.
Russian Federation ranks 71st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Domestic credit to private sector in Russian Federation, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 16.8% | — |
| 2002 | 18.0% | +6.7% |
| 2003 | 21.2% | +18.2% |
| 2004 | 24.3% | +14.5% |
| 2005 | 25.9% | +6.6% |
| 2006 | 30.9% | +19.4% |
| 2007 | 37.8% | +22.1% |
| 2008 | 41.6% | +10.0% |
| 2009 | 45.3% | +8.9% |
| 2010 | 42.8% | -5.3% |
| 2011 | 41.7% | -2.7% |
| 2012 | 43.9% | +5.3% |
| 2013 | 48.0% | +9.4% |
| 2014 | 54.8% | +14.2% |
| 2015 | 56.0% | +2.0% |
| 2016 | 53.1% | -5.1% |
| 2017 | 52.1% | -1.9% |
| 2018 | 51.2% | -1.6% |
| 2019 | 52.6% | +2.6% |
| 2020 | 59.8% | +13.7% |
Russian Federation compared with similar countries
- Russian Federation's 59.8% is below the median for high income countries, which is 82.3%, 73% of the median. (61 countries reporting)
- Russian Federation's 59.8% is below the median for Europe & Central Asia, which is 59.9%, 100% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.1% | 16.8% | 45.3% | 9 |
| 2010s | 49.6% | 41.7% | 56.0% | 10 |
| 2020s | 59.8% | 59.8% | 59.8% | 1 |
Countries ranked near Russian Federation
- 68 Costa Rica 60.4% compare
- 69 Iran, Islamic Republic of 60.3% compare
- 70 Montenegro 60.0% compare
- 72 Croatia 59.8% compare
- 73 Grenada 59.4% compare
- 74 Bosnia and Herzegovina 58.5% compare
More financial sector data for Russian Federation
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.9 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.48 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.9 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Russian Federation?
- Domestic credit to private sector in Russian Federation was 59.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Russian Federation?
- The highest recorded value was 59.8% in 2020.
- What is the lowest domestic credit to private sector recorded in Russian Federation?
- The lowest recorded value was 16.8% in 2001.
- How does Russian Federation rank for domestic credit to private sector?
- Russian Federation ranks 71st out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Russian Federation?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is rising.
- Where does this Russian Federation data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.