Real interest rate in Russia: 5.8% (Real interest rate, 2024 · 39th of 91). Real interest rate (%) in Russia: 5.8% in 2024, ranking 39th of 91 countries. In 2010 it was -3.0%.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks real interest rate (%) in Russia for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in %. A dashed line marks zero, and the 5 years below zero are shown in red. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Russia's real interest rate rose from -3.0% to 5.8%, a rise of 8.8 percentage points.
- The highest value in this period was 9.5% in 2016; the lowest was -12.9% in 2011.
- Recently, the figure has risen in each of the last two years (2023: 4.7%; 2024: 5.8%).
- The value was negative in 5 of the 15 years shown.
- Russia has the 39th-highest value of 91 countries with recent data.
- Russia has the highest value of the 8 countries in Eastern Europe with recent data; the typical (median) value there is 1.4%.
Analysis
Averaged over periods, the figure was -1.7% in 2010 to 2014, 5.3% in 2015 to 2019 and 0.2% in 2020 onwards. The value went up in 9 of the 14 year-to-year steps and down in 5. The biggest one-year rise came in 2012 (+13.0 percentage points). The biggest one-year fall came in 2021 (−15.2 percentage points). Year to year, the figure typically varied by about 6.5 percentage points around its average of 1.3%, a volatile pattern.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Eastern Europe, where the typical value is 1.4%, Russia is 4.4 percentage points higher.
Related figures
- Real interest rate (%) by country, 2025: 47.6% (highest: Madagascar). The lending interest rate adjusted for inflation, using the GDP deflator.
- Real interest rate (%) in Bulgaria, 2010–2025: -3.0% (Real interest rate, 2025 · 85th of 91). Real interest rate (%) in Bulgaria: -3.0% in 2025, ranking 85th of 91 countries.
- Real interest rate (%) in Belarus, 2010–2025: 0.0% (Real interest rate, 2025 · 81st of 91). Real interest rate (%) in Belarus: 0.0% in 2025, ranking 81st of 91 countries.
About this statistic
The lending interest rate adjusted for inflation, using the GDP deflator. Shows the true cost of borrowing after inflation. Negative values mean inflation is running above lending rates.
Access to credit, interest rates and banking services decide how easily households can borrow and spend, and how easily small businesses can fund equipment, stock and growth. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the real interest rate (%) in Russia?
5.8% (Real interest rate, 2024 · 39th of 91). Real interest rate (%) in Russia: 5.8% in 2024, ranking 39th of 91 countries. In 2010 it was -3.0%.
How has real interest rate in Russia changed since 2010?
Between 2010 and 2024, Russia's real interest rate rose from -3.0% to 5.8%, a rise of 8.8 percentage points. The highest value in this period was 9.5% in 2016; the lowest was -12.9% in 2011.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2024. The lending interest rate adjusted for inflation, using the GDP deflator. Shows the true cost of borrowing after inflation. Negative values mean inflation is running above lending rates.
Data
| Year | Real interest rate (%) |
|---|---|
| 2010 | -3.0% |
| 2011 | -12.9% |
| 2012 | 0.2% |
| 2013 | 3.9% |
| 2014 | 3.4% |
| 2015 | 7.9% |
| 2016 | 9.5% |
| 2017 | 4.9% |
| 2018 | -1.0% |
| 2019 | 5.3% |
| 2020 | 5.8% |
| 2021 | -9.3% |
| 2022 | -5.7% |
| 2023 | 4.7% |
| 2024 | 5.8% |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Russia.
The lending interest rate adjusted for inflation, using the GDP deflator. Shows the true cost of borrowing after inflation. Negative values mean inflation is running above lending rates.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- Real interest rate (%) by country, 2025
- Real interest rate (%) in Bulgaria, 2010–2025
- Real interest rate (%) in Belarus, 2010–2025
- Real interest rate (%) in Czechia, 2010–2025
- Real interest rate (%) in Hungary, 2010–2025
- GDP of Russia, 2010–2025
- Economic growth (GDP growth) in Russia, 2010–2025
- GDP per person in Russia, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Russia, 2010–2024
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