Monetary Sector credit to private sector (% GDP) in Russia
Russia: Monetary Sector credit to private sector (% GDP) was 54.6% in 2021. ▲ Rising
Monetary Sector credit to private sector in Russia, 2001–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Russia recorded 54.6% for monetary sector credit to private sector in 2021.
The figure is down 8.3% on the previous year and up 31.0% over ten years.
Over the whole period, monetary sector credit to private sector in Russia peaked at 59.6% in 2020 and was at its lowest, 16.8%, in 2001.
That places Russia 64th 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.
Monetary Sector credit to private sector (% GDP) in Russia, year by year
| Year | % 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 63.2%, 86% of the median. (61 countries reporting)
- Russia's 54.6% is above the median for Europe & Central Asia, which is 51.0%, 1.1× 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
- 61 Kosovo 55.7% compare
- 61 Kosovo (UNSCR 1244) 55.7% compare
- 63 El Salvador 55.0% compare
- 65 Cape Verde 54.0% compare
- 66 Morocco 53.6% compare
- 67 North Macedonia 53.4% 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 monetary sector credit to private sector in Russia?
- Monetary sector 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 monetary sector credit to private sector recorded in Russia?
- The highest recorded value was 59.6% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Russia?
- The lowest recorded value was 16.8% in 2001.
- How does Russia rank for monetary sector credit to private sector?
- Russia ranks 64th out of 187 countries with data for 2021.
- Is monetary sector 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. 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.