Monetary Sector credit to private sector in Russian Federation
Russian Federation: Monetary Sector credit to private sector was 54.6% in 2021. ▲ Rising
Monetary Sector credit to private sector in Russian Federation, 2001–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Russian Federation 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 Russian Federation peaked at 59.6% in 2020 and was at its lowest, 16.8%, in 2001.
That places Russian Federation 63rd out of 186 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 in Russian Federation, 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% |
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 Russian Federation
- 60 Paraguay 55.7% compare
- 61 Kosovo 55.7% compare
- 62 El Salvador 55.0% compare
- 64 Cape Verde 54.0% compare
- 65 Morocco 53.6% compare
- 66 North Macedonia 53.4% compare
More financial sector data for Russian Federation
- Net domestic credit (current LCU), per capita 557,650 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 44.13 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 13.37 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 2.62 billion SDR (2024)
- Gold reserves at market value 150.05 billion SDR (2024)
- Reserves excluding gold, foreign exchange 295.25 billion SDR (2024)
- Reserves excluding gold 316.44 billion SDR (2024)
- Total reserves (gold at market value) 466.49 billion SDR (2024)
- Total reserves (gold at national valuation) 466.50 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 3,247 SDR per person (2024)
Frequently asked questions
- What is monetary sector credit to private sector in Russian Federation?
- Monetary sector credit to private sector in Russian Federation 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 Russian Federation?
- The highest recorded value was 59.6% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Russian Federation?
- The lowest recorded value was 16.8% in 2001.
- How does Russian Federation rank for monetary sector credit to private sector?
- Russian Federation ranks 63rd out of 186 countries with data for 2021.
- Is monetary sector credit to private sector rising or falling in Russian Federation?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is rising.
- Where does this Russian Federation 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.
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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. 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.