Real interest rate — all countries

Real interest rate — Russia

Real interest rate in Russia in 2024 — 5.82%. Ranked 40 in the world out of 87. Since 1997, the indicator has fallen by 8.94 pp.

2024 5.82% +1.17 pp vs 2023
World rank 40of 87
Period maximum 19.62%1998
Period minimum -18.95%1999

Trend over time

1997–2024 · % per annum

Real interest rate — Russia, 1997–2024-20-100102019972000200320062009201220152018202120241997: 14.76%1998: 19.62%1999: -18.95%2000: -9.63%2001: 1.23%2002: 0.03%2003: -0.6%2004: -7.33%2005: -7.21%2006: -4.08%2007: -3.34%2008: -4.9%2009: 13.08%2010: -2.96%2011: -12.86%2012: 0.18%2013: 3.94%2014: 3.4%2015: 7.89%2016: 9.48%2017: 4.95%2018: -1.03%2019: 5.32%2020: 5.83%2021: -9.33%2022: -5.73%2023: 4.65%2024: 5.82%
Change over the period: −8.94 pp Annual average: -0.33 pp
Real interest rate — Russia, by year Russia All countries CSV XLSX
Year % Change, pp
2024 5.82 +1.17 pp
2023 4.65 +10.38 pp
2022 -5.73 +3.6 pp
2021 -9.33 −15.15 pp
2020 5.83 +0.51 pp
2019 5.32 +6.35 pp
2018 -1.03 −5.98 pp
2017 4.95 −4.54 pp
2016 9.48 +1.59 pp
2015 7.89 +4.5 pp
2014 3.4 −0.54 pp
2013 3.94 +3.76 pp
2012 0.18 +13.03 pp
2011 -12.86 −9.9 pp
2010 -2.96 −16.04 pp
2009 13.08 +17.98 pp
2008 -4.9 −1.56 pp
2007 -3.34 +0.73 pp
2006 -4.08 +3.13 pp
2005 -7.21 +0.12 pp
2004 -7.33 −6.73 pp
2003 -0.6 −0.63 pp
2002 0.03 −1.19 pp
2001 1.23 +10.86 pp
2000 -9.63 +9.32 pp
1999 -18.95 −38.57 pp
1998 19.62 +4.86 pp
1997 14.76

Eastern Europe, 2024

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

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

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