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Russian Federation Lending Rate

Lending interest rate  FR.INR.LEND

Russian Federation's lending rate was 13.33% in 2025, ranked 26th globally. This represents a 14.7% increase from 2024. Data from World Bank, covering 1997–2025.

13.33% +1.70pp (+14.7%)
Year 2025 Rank #26 Global Peak 41.79% (1998) Source World Bank

Russian Federation Lending Rate (1997–2025)

Overview

Russian Federation's lending rate stood at 13.33% in 2025, a rise of +1.70pp from 2023. Based on recent trends, this figure is projected to reach 13.33% by 2025. Russian Federation ranked 26th globally.

The Russian Federation's lending rate has exhibited significant fluctuations over the years, with the all-time peak occurring in 1998 at 41.79%, a level not seen again in the subsequent decades. The rate declined steadily until it reached its all-time trough in 2020 at 6.78%, a level more in line with the global average. Since then, the lending rate has trended upwards, reaching 13.33% in 2025, a level slightly above the global median. This trend is comparable to that of peer countries such as Armenia, which currently shares the same lending rate with Mexico, at 13.23% and 13.38% respectively. Haiti's lending rate, at 13.36%, is the only one surpassing Russia's current rate. A significant change in monetary policy or a shift in the global economic climate could alter the trajectory of Russia's lending rate, potentially leading to a decrease or increase in the rate in the coming years.

Data & projection

Year Lending Rate YoY change Rank
2026* trend 14.37% - -
2025* trend 13.33% - -
2025 13.33% +1.70pp #26
2023 11.62% +0.16pp #58
2022 11.46% +4.28pp #66
2021 7.18% +0.41pp #46
2020 6.78% −1.98pp #36
2019 8.75% −0.11pp #54
2018 8.87% −1.69pp #56
2017 10.56% −2.04pp #80
2016 12.60% −3.12pp #87
2015 15.72% +4.58pp #107
2014 11.14% +1.68pp #85
2013 9.47% +0.37pp #67
2012 9.10% +0.64pp #57
2011 8.46% −2.36pp #46
2010 10.82% −4.49pp #74
Show all years (1997-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.7% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw lending rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Russian Federation's lending rate?▾

Russian Federation's lending rate was 13.33% in 2025. Ranked 26th globally. This represents a 14.7% increase from the previous year.

What was the highest lending rate in Russian Federation?▾

Russian Federation's lending rate peaked at 41.79% in 1998.

What was the lowest lending rate in Russian Federation?▾

The lowest lending rate in Russian Federation was 6.78% in 2020.

How does Russian Federation rank in lending rate?▾

Russian Federation ranks 26th globally in lending rate as of 2025.

What is the World Bank indicator code for lending rate?▾

The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.

What is the projected lending rate of Russian Federation in 2025?▾

Russian Federation's lending rate is projected to reach 13.33% by 2025 based on trend extrapolation.

What is the lending rate of Russian Federation in 2025?▾

The lending rate of Russian Federation in 2025 was 13.33%. This ranks 26th in the world.

Cite this page

APA
Russian Federation Lending Rate. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/russian-federation/lending-rate/
BibTeX
@misc{historysaid_russian-federation_lending-rate, title = {Russian Federation Lending Rate}, url = {https://historysaid.com/russian-federation/lending-rate/}, publisher = {HistorySaid}, year = {2026} }
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