Deposit interest rate — all countries

Deposit interest rate — Russia

Deposit interest rate in Russia in 2024 — 14.62%. Ranked 6 in the world out of 90. Since 1997, the indicator has fallen by 2.15 pp.

2024 14.62% +7.05 pp vs 2023
World rank 6of 90
Period maximum 17.05%1998
Period minimum 3.77%2020

Trend over time

1997–2024 · % per annum

Deposit interest rate — Russia, 1997–20240510152019972000200320062009201220152018202120241997: 16.77%1998: 17.05%1999: 13.68%2000: 6.51%2001: 4.85%2002: 4.95%2003: 4.48%2004: 3.79%2005: 3.99%2006: 4.08%2007: 5.14%2008: 5.76%2009: 8.58%2010: 6.01%2011: 4.44%2012: 5.53%2013: 5.59%2014: 6.04%2015: 9.2%2016: 6.97%2017: 5.86%2018: 5.36%2019: 5.4%2020: 3.77%2021: 3.79%2022: 7.6%2023: 7.57%2024: 14.62%
Change over the period: −2.15 pp Annual average: -0.08 pp
Deposit interest rate — Russia, by year Russia All countries CSV XLSX
Year % Change, pp
2024 14.62 +7.05 pp
2023 7.57 −0.03 pp
2022 7.6 +3.81 pp
2021 3.79 +0.02 pp
2020 3.77 −1.64 pp
2019 5.4 +0.04 pp
2018 5.36 −0.5 pp
2017 5.86 −1.11 pp
2016 6.97 −2.23 pp
2015 9.2 +3.15 pp
2014 6.04 +0.45 pp
2013 5.59 +0.06 pp
2012 5.53 +1.09 pp
2011 4.44 −1.57 pp
2010 6.01 −2.58 pp
2009 8.58 +2.83 pp
2008 5.76 +0.62 pp
2007 5.14 +1.07 pp
2006 4.08 +0.08 pp
2005 3.99 +0.2 pp
2004 3.79 −0.68 pp
2003 4.48 −0.48 pp
2002 4.95 +0.1 pp
2001 4.85 −1.66 pp
2000 6.51 −7.17 pp
1999 13.68 −3.37 pp
1998 17.05 +0.28 pp
1997 16.77

Eastern Europe, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

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