Private credit by deposit money banks and other financial in Russia
Russia: Private credit by deposit money banks and other financial was 56.3% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Russia, 2001–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks and other financial in Russia stood at 56.3%.
That represents a change of down 37.6% on the previous year and up 32.3% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Russia peaked at 90.1% in 2020 and was at its lowest, 16.8%, in 2001.
That places Russia 78th 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.
Private credit by deposit money banks and other financial in Russia, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 16.8% | — |
| 2002 | 18.0% | +6.8% |
| 2003 | 19.8% | +10.1% |
| 2004 | 22.6% | +14.5% |
| 2005 | 25.6% | +13.1% |
| 2006 | 30.2% | +18.1% |
| 2007 | 36.1% | +19.5% |
| 2008 | 39.3% | +8.7% |
| 2009 | 43.0% | +9.4% |
| 2010 | 40.8% | -5.1% |
| 2011 | 42.5% | +4.3% |
| 2012 | 44.8% | +5.5% |
| 2013 | 49.4% | +10.1% |
| 2014 | 56.0% | +13.5% |
| 2015 | 57.3% | +2.3% |
| 2016 | 54.9% | -4.1% |
| 2017 | 77.9% | +41.7% |
| 2018 | 76.4% | -1.9% |
| 2019 | 78.6% | +2.8% |
| 2020 | 90.1% | +14.7% |
| 2021 | 56.3% | -37.6% |
Russia compared with similar countries
- Russia's 56.3% is below the median for high income countries, which is 84.9%, 66% of the median. (62 countries reporting)
- Russia's 56.3% is above the median for Europe & Central Asia, which is 56.3%, 1.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.9% | 16.8% | 43.0% | 9 |
| 2010s | 57.9% | 40.8% | 78.6% | 10 |
| 2020s | 73.2% | 56.3% | 90.1% | 2 |
Countries ranked near Russia
- 75 Grenada 57.3% compare
- 76 Costa Rica 57.1% compare
- 77 Greece 56.8% compare
- 79 Bosnia and Herzegovina 55.9% compare
- 80 North Macedonia 55.9% compare
- 81 Croatia 54.0% 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 private credit by deposit money banks and other financial in Russia?
- Private credit by deposit money banks and other financial in Russia was 56.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Russia?
- The highest recorded value was 90.1% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Russia?
- The lowest recorded value was 16.8% in 2001.
- How does Russia rank for private credit by deposit money banks and other financial?
- Russia ranks 78th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Russia?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
- Where does this Russia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)