Domestic credit to private sector (% of GDP) (Domestic International) in Russia
Russia: Domestic credit to private sector (% of GDP) (Domestic International) was 54.6% in 2021. ▲ Rising
Domestic credit to private sector in Russia, 2001–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Russia is 54.6%, measured in 2021.
That represents a change of down 8.3% on the previous year and up 31.0% over ten years.
Over the whole period, domestic credit to private sector in Russia peaked at 59.6% in 2020 and was at its lowest, 16.8%, in 2001.
That places Russia 69th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Domestic credit to private sector (% of GDP) (Domestic International) in Russia, 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 | 59.6% | +13.4% |
| 2021 | 54.6% | -8.3% |
Russia compared with similar countries
- Russia's 54.6% is below the median for high income countries, which is 65.0%, 84% of the median. (61 countries reporting)
- Russia's 54.6% is above the median for Europe & Central Asia, which is 52.6%, 1.0× 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 | 57.1% | 54.6% | 59.6% | 2 |
Countries ranked near Russia
- 66 North Macedonia 56.3% compare
- 67 Paraguay 55.7% compare
- 68 Namibia 55.1% compare
- 70 Cape Verde 54.0% compare
- 71 Eritrea 53.2% compare
- 72 Philippines 52.1% compare
More financial sector data for Russia
- 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 Russia?
- Domestic credit to private sector in Russia was 54.6% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Russia?
- The highest recorded value was 59.6% in 2020.
- What is the lowest domestic credit to private sector recorded in Russia?
- The lowest recorded value was 16.8% in 2001.
- How does Russia rank for domestic credit to private sector?
- Russia ranks 69th out of 187 countries with data for 2021.
- Is domestic credit to private sector rising or falling in Russia?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is rising.
- Where does this Russia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.