Russian Federation Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Russian Federation's domestic credit was 86.16% in 2020, ranked 32nd globally. This represents a 21.6% increase from 2019. Data from World Bank, covering 2017–2020.
Overview
Russian Federation's domestic credit stood at 86.16% in 2020, a rise of +15.31% from 2019. Russian Federation ranked 32nd globally.
The Russian Federation's domestic credit has shown a moderate increase, with the latest value standing at 86.16 in 2020. This represents a rise from the all-time trough of 70.85 in 2019 and the all-time peak of 86.16 recorded in the same year. Compared to its regional peers, Russia's domestic credit is lower than Panama's 89.84, but higher than Armenia's 83.40. This indicates a relatively stable financial environment within the country. The steady growth in domestic credit suggests a sustained expansion in the financial sector, which may support economic growth. However, the trajectory of this trend may be influenced by external factors such as changes in global interest rates or shifts in government policies, which could impact Russia's domestic credit growth.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2020 | 86.16% | +15.31% | #32 |
| 2019 | 70.85% | −0.46% | #33 |
| 2018 | 71.31% | −4.86% | #31 |
| 2017 | 76.17% | – | #34 |
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 domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Russian Federation's domestic credit was 86.16% in 2020. Ranked 32nd globally. This represents a 21.6% increase from the previous year.
Russian Federation's domestic credit peaked at 86.16% in 2020.
The lowest domestic credit in Russian Federation was 70.85% in 2019.
Russian Federation ranks 32nd globally in domestic credit as of 2020.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
The domestic credit of Russian Federation in 2020 was 86.16%. This ranks 32nd in the world.
Cite this page
@misc{historysaid_russian-federation_domestic-credit,
title = {Russian Federation Domestic Credit},
url = {https://historysaid.com/russian-federation/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}