Credit to the private sector — all countries

Credit to the private sector — Russia

Credit to the private sector in Russia in 2021 — 54.64%. Ranked 63 in the world out of 163. Since 2001, the indicator has risen by 37.8 pp.

2021 54.64% −4.94 pp vs 2020
World rank 63of 163
Period maximum 59.58%2020
Period minimum 16.84%2001

Trend over time

2001–2021 · % of GDP

Credit to the private sector — Russia, 2001–20210204060200120032005200720092011201320152017201920212001: 16.84%2002: 17.97%2003: 21.24%2004: 24.32%2005: 25.92%2006: 30.94%2007: 37.78%2008: 41.55%2009: 45.26%2010: 42.84%2011: 41.7%2012: 43.91%2013: 48.02%2014: 54.83%2015: 55.95%2016: 53.1%2017: 52.08%2018: 51.24%2019: 52.56%2020: 59.58%2021: 54.64%
Change over the period: +37.8 pp Annual average: 1.89 pp

Comparison, 2021

How the value compares with the world and the groups this territory belongs to: Russia

Russia 54.64%
World 141.76%
Eastern Europe computed 47.86%
Credit to the private sector — Russia, by year Russia All countries CSV XLSX
Year % Change, pp
2021 54.64 −4.94 pp
2020 59.58 +7.02 pp
2019 52.56 +1.32 pp
2018 51.24 −0.83 pp
2017 52.08 −1.03 pp
2016 53.1 −2.85 pp
2015 55.95 +1.12 pp
2014 54.83 +6.81 pp
2013 48.02 +4.11 pp
2012 43.91 +2.22 pp
2011 41.7 −1.14 pp
2010 42.84 −2.42 pp
2009 45.26 +3.71 pp
2008 41.55 +3.77 pp
2007 37.78 +6.84 pp
2006 30.94 +5.02 pp
2005 25.92 +1.61 pp
2004 24.32 +3.07 pp
2003 21.24 +3.27 pp
2002 17.97 +1.13 pp
2001 16.84

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.