Private credit by deposit money banks to GDP in Russian Federation
Russian Federation: Private credit by deposit money banks to GDP was 56.3% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Russian Federation, 2001–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks to gdp in Russian Federation is 56.3%, measured in 2021.
That represents a change of down 6.2% on the previous year and up 35.0% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Russian Federation peaked at 60.0% in 2020 and was at its lowest, 16.8%, in 2001.
Russian Federation ranks 72nd of 187 countries on this measure, 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 to GDP in Russian Federation, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 16.8% | — |
| 2002 | 18.0% | +6.8% |
| 2003 | 19.8% | +10.1% |
| 2004 | 22.6% | +14.5% |
| 2005 | 24.1% | +6.6% |
| 2006 | 28.8% | +19.4% |
| 2007 | 35.2% | +22.1% |
| 2008 | 38.7% | +10.0% |
| 2009 | 42.1% | +8.9% |
| 2010 | 39.9% | -5.3% |
| 2011 | 41.7% | +4.5% |
| 2012 | 43.9% | +5.3% |
| 2013 | 48.0% | +9.4% |
| 2014 | 54.8% | +14.2% |
| 2015 | 55.9% | +2.0% |
| 2016 | 53.1% | -5.1% |
| 2017 | 52.1% | -1.9% |
| 2018 | 51.2% | -1.6% |
| 2019 | 52.7% | +2.9% |
| 2020 | 60.0% | +13.7% |
| 2021 | 56.3% | -6.2% |
Russian Federation compared with similar countries
- Russian Federation's 56.3% is below the median for high income countries, which is 79.1%, 71% of the median. (62 countries reporting)
- Russian Federation'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 | 27.3% | 16.8% | 42.1% | 9 |
| 2010s | 49.3% | 39.9% | 55.9% | 10 |
| 2020s | 58.1% | 56.3% | 60.0% | 2 |
Countries ranked near Russian Federation
- 69 South Africa 57.7% compare
- 70 Grenada 57.3% compare
- 71 Greece 56.8% compare
- 73 Costa Rica 56.0% compare
- 74 United States of America 54.6% compare
- 75 Saudi Arabia 54.0% 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 private credit by deposit money banks to gdp in Russian Federation?
- Private credit by deposit money banks to gdp in Russian Federation 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 to gdp recorded in Russian Federation?
- The highest recorded value was 60.0% in 2020.
- What is the lowest private credit by deposit money banks to gdp recorded in Russian Federation?
- The lowest recorded value was 16.8% in 2001.
- How does Russian Federation rank for private credit by deposit money banks to gdp?
- Russian Federation ranks 72nd out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Russian Federation?
- Over the last ten years it is up 35.0%. 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 (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks 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 (IFS line 22d); 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).