Russian Federation Deposit Rate
Deposit interest rate FR.INR.DPST
Russian Federation's deposit rate was 8.89% in 2025, ranked 19th globally. This represents a 17.5% increase from 2024. Data from World Bank, covering 1997–2025.
Overview
Russian Federation's deposit rate stood at 8.89% in 2025, a rise of +1.32pp from 2023. Based on recent trends, this figure is projected to reach 8.89% by 2025. Russian Federation ranked 19th globally.
Russia's deposit rate has experienced significant fluctuations over the past 28 years, ranging from a high of 17.05% in 1998 to a low of 3.77% in 2020. The deposit rate has generally trended downward since its peak in 1998, with a brief recovery in the early 2000s, before declining sharply in 2020. Currently, Russia's deposit rate stands at 8.89%, ranking it 19th globally. This value is comparable to that of Kenya, which also has a deposit rate of 8.89%. In contrast, Russia's deposit rate remains higher than that of some of its peer countries, such as Uruguay, which has a deposit rate of 8.84%. The trend of the deposit rate in Russia suggests a gradual decline, with a continued low-interest-rate environment potentially influencing the trajectory. A shift in monetary policy or changes in the global economic environment could alter this trend and impact the deposit rate in Russia.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 9.71% | - | - |
| 2025* trend | 8.89% | - | - |
| 2025 | 8.89% | +1.32pp | #19 |
| 2023 | 7.57% | −0.03pp | #72 |
| 2022 | 7.60% | +3.81pp | #81 |
| 2021 | 3.79% | +0.02pp | #76 |
| 2020 | 3.77% | −1.64pp | #71 |
| 2019 | 5.40% | +0.04pp | #83 |
| 2018 | 5.36% | −0.50pp | #85 |
| 2017 | 5.86% | −1.11pp | #99 |
| 2016 | 6.97% | −2.23pp | #110 |
| 2015 | 9.20% | +3.15pp | #124 |
| 2014 | 6.04% | +0.45pp | #100 |
| 2013 | 5.59% | +0.06pp | #97 |
| 2012 | 5.53% | +1.09pp | #90 |
| 2011 | 4.44% | −1.57pp | #76 |
| 2010 | 6.01% | −2.58pp | #85 |
Detected Pattern
Analysis
Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Russian Federation's deposit rate was 8.89% in 2025. Ranked 19th globally. This represents a 17.5% increase from the previous year.
Russian Federation's deposit rate peaked at 17.05% in 1998.
The lowest deposit rate in Russian Federation was 3.77% in 2020.
Russian Federation ranks 19th globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Russian Federation's deposit rate is projected to reach 8.89% by 2025 based on trend extrapolation.
The deposit rate of Russian Federation in 2025 was 8.89%. This ranks 19th in the world.
Cite this page
@misc{historysaid_russian-federation_deposit-rate,
title = {Russian Federation Deposit Rate},
url = {https://historysaid.com/russian-federation/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}