Lending Interest Rates Statistics in Russia (2026)
As of 2024, the average lending interest rate in Russia was 17.1%, per World Bank World Development Indicators data. Up from 11.6% in 2023 to 17.1% in 2024 (+5.5 percentage points). Russia ranks #19 of 22 economies in Europe & Central Asia on this measure, and #97 of 112 globally.
Key Statistics
- Latest value (2024)
- 17.1% (2024)
- Lending Interest Rates in Russia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +5.5 pp (2024)
- Up from 11.6% in 2023 to 17.1% in 2024 (+5.5 percentage points).
- Earliest value in this dataset (1997)
- 32% (1997)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 32% in 1997 to 17.1% in 2024.
- Peak value (1998)
- 41.8% (1998)
- Highest value in the available series; the 2024 value is 17.1%.
- Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
- #19 of 22 (2024)
- Russia ranks 19 of 22 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #97 of 112 (2024)
- Russia ranks 97 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Europe & Central Asia average
- 10.2% (2024)
- Russia (17.1%) is above the average of 10.2% across the 22 countries in Europe & Central Asia with data.
- Internet use in Russia (2024)
- 94.4% (2024)
- 94.4% of the population in Russia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 143.5 million (2024)
- Russia had a population of 143.5 million in 2024 (World Bank); shown for scale only.
Trend, 1997–2024
| Year | % | Change |
|---|---|---|
| 2024 | 17.1% | +5.5 pp |
| 2023 | 11.6% | +0.2 pp |
| 2022 | 11.5% | +4.3 pp |
| 2021 | 7.2% | +0.4 pp |
| 2020 | 6.8% | −2.0 pp |
| 2019 | 8.8% | −0.1 pp |
| 2018 | 8.9% | −1.7 pp |
| 2017 | 10.6% | −2.0 pp |
| 2016 | 12.6% | −3.1 pp |
| 2015 | 15.7% | +4.6 pp |
| 2014 | 11.1% | +1.7 pp |
| 2013 | 9.5% | +0.4 pp |
| 2012 | 9.1% | +0.6 pp |
| 2011 | 8.5% | −2.4 pp |
| 2010 | 10.8% | −4.5 pp |
| 2009 | 15.3% | +3.1 pp |
| 2008 | 12.2% | +2.2 pp |
| 2007 | 10% | −0.4 pp |
| 2006 | 10.4% | −0.3 pp |
| 2005 | 10.7% | −0.8 pp |
| 2004 | 11.4% | −1.5 pp |
| 2003 | 13% | −2.7 pp |
| 2002 | 15.7% | −2.2 pp |
| 2001 | 17.9% | −6.5 pp |
| 2000 | 24.4% | −15.3 pp |
| 1999 | 39.7% | −2.1 pp |
| 1998 | 41.8% | +9.8 pp |
| 1997 | 32% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Russia?
The average lending interest rate in Russia stood at 17.1% in 2024, according to World Bank World Development Indicators data.
How has lending interest rates in Russia changed over time?
World Bank World Development Indicators data show a decline from 32% in 1997 to 17.1% in 2024.
How does Russia compare with other countries in Europe & Central Asia?
Russia ranks 19 of 22 countries in Europe & Central Asia with data (ranked ascending; lower is better), with 17.1% versus a regional average of 10.2% (latest values per country).
Where does Russia rank globally on lending interest rates?
Russia ranks 97 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .