The benchmark interest rate in Russia was last recorded at 20 percent. This dataset provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Russia increased to 19.39 percent in May from 19.32 percent in April of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Russia.

Bank deposit interest rate, percent in Russia, March, 2025 The most recent value is 20.19 percent as of March 2025, a decline compared to the previous value of 21 percent. Historically, the average for Russia from January 2017 to March 2025 is 7.51 percent. The minimum of 3.21 percent was recorded in February 2021, while the maximum of 21.57 percent was reached in December 2024. | TheGlobalEconomy.com

Key information about Russia Long Term Interest Rate

• Russia Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years was reported at 15.52 % pa in Feb 2025, compared with 16.53 % pa in the previous month.
• Russia Long Term Interest Rate data is updated monthly, available from Jan 2003 to Feb 2025.
• The data reached an all-time high of 16.89 % pa in Oct 2024 and a record low of 5.70 % pa in May 2020.
• Long Term Interest Rate is reported by reported by Bank of Russia.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 21.00 % pa in Feb 2025.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.

The deposit interest rate in Russia saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around **** percent. In comparison to 2022, the deposit interest rate decreased not significantly by **** percentage points (***** percent). Deposit rate refers to the amount of money paid out in interest by a bank of financial institution on cash deposits.Find more statistics on other topics about Russia with key insights such as number of automated teller machines (ATMs), ratio of bank capital and reserves to total assets, and market capitalization of listed domestic companies as a share of GDP.

In December 2024, the key interest rate of the Bank of Russia stood at ** percent, matching the level recorded at the end of October 2024. To compare, in June 2021, it stood at *** percent.

Key information about Russia Policy Rate

• Russia cash rate (Policy Rate: Month End: Key Rate) was set at 21.00 % pa in Feb 2025, compared with 21.00 % pa in the previous Jan 2025.
• Russia Policy Rate averaged 8.00 % pa and is updated monthly, available from Sep 2013 to Feb 2025.
• The data reached an all-time high of 21.00 % pa in Feb 2025 and a record low of 4.25 % pa in Feb 2021.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years) was reported at 15.52 % pa in Feb 2025.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.
• Its Real Effective Exchange Rate was 95.68 in Jan 2025.

Russia Bank Lending Conditions: Small & Medium Business: Loan Interest Rate data was reported at 1.020 % Point in Mar 2019. This records a decrease from the previous number of 10.000 % Point for Dec 2018. Russia Bank Lending Conditions: Small & Medium Business: Loan Interest Rate data is updated quarterly, averaging -12.415 % Point from Jun 2009 (Median) to Mar 2019, with 40 observations. The data reached an all-time high of 74.528 % Point in Dec 2014 and a record low of -48.889 % Point in Mar 2010. Russia Bank Lending Conditions: Small & Medium Business: Loan Interest Rate data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Monetary and Banking Statistics – Table RU.KAC017: Bank Lending Tightness: Loans to Small & Medium Business.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Bank Lending Rate in Russia decreased to 22.35 percent in May from 22.74 percent in April of 2025. This dataset provides - Russia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data was reported at 17.857 % Point in Mar 2019. This records a decrease from the previous number of 20.238 % Point for Dec 2018. Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data is updated quarterly, averaging -6.061 % Point from Dec 2011 (Median) to Mar 2019, with 30 observations. The data reached an all-time high of 70.000 % Point in Dec 2014 and a record low of -31.818 % Point in Sep 2017. Russia Bank Lending Conditions: Households: Mortgage: Loan Interest Rate data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.KAC018: Bank Lending Tightness: Loans to Households.

Russia has recorded a decrease in the average weighted interest rate on mortgage loans issued to residents in the national currency in April 2025. In that month, the mortgage loan rate stood at **** percent.

Key information about Russia Bank Lending Rate

• Russia Bank Lending Rate was reported at 23.790 % pa in Jan 2025.
• This records a decrease from the previous number of 23.980 % pa for Dec 2024.
• Russia Bank Lending Rate data is updated monthly, averaging 11.600 % pa from Jan 1995 to Jan 2025, with 361 observations.
• The data reached an all-time high of 179.700 % pa in Feb 1995 and a record low of 5.940 % pa in Nov 2020.
• Russia Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Real interest rate (%) in Russia was reported at 3.3555 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Russia USD/RUB Swap: Overnight: RUB Interest Rate data was reported at 10.500 % pa in 25 Feb 2022. This stayed constant from the previous number of 10.500 % pa for 24 Feb 2022. Russia USD/RUB Swap: Overnight: RUB Interest Rate data is updated daily, averaging 8.500 % pa from Sep 2002 (Median) to 25 Feb 2022, with 4597 observations. The data reached an all-time high of 18.000 % pa in 30 Jan 2015 and a record low of 5.250 % pa in 19 Mar 2021. Russia USD/RUB Swap: Overnight: RUB Interest Rate data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

Key information about Russia Short Term Interest Rate

• Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023, compared with 9.37 % pa in the previous month.
• Russia Short Term Interest Rate data is updated monthly, available from Aug 2000 to Jul 2023.
• The data reached an all-time high of 28.73 % pa in Jan 2009 and a record low of 2.78 % pa in Apr 2005.
• Short Term Interest Rate is reported by reported by Bank of Russia.

• In the latest reports, Russia Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years was reported at 11.17 % pa in Jul 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 8.50 % pa in Jul 2023.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.

Russia Interest Rates on RUB Bank Loans: Attracting by Enterprises Next 3 Months data was reported at 10.000 % pa in Dec 2018. This records a decrease from the previous number of 11.000 % pa for Nov 2018. Russia Interest Rates on RUB Bank Loans: Attracting by Enterprises Next 3 Months data is updated monthly, averaging 14.000 % pa from Jan 1994 (Median) to Dec 2018, with 300 observations. The data reached an all-time high of 222.000 % pa in Mar 1994 and a record low of 8.000 % pa in Sep 2018. Russia Interest Rates on RUB Bank Loans: Attracting by Enterprises Next 3 Months data remains active status in CEIC and is reported by Institute of World Economy and International Relations. The data is categorized under Russia Premium Database’s Business and Economic Survey – Table RU.SB003: Russian Economic Barometer: Enterprises Indicators.

Brazil's inflation rate and central bank interest rate have experienced significant fluctuations from 2018 to 2025, reflecting broader global economic trends. The country's inflation peaked at ***** percent in April 2020, followed by a gradual decline and subsequent rise, while the central bank adjusted its Selic rate in response to these economic dynamics. This pattern of volatility and monetary policy adjustments mirrors similar experiences in other major economies during the same period. Global context of inflation and interest rates Brazil's economic indicators align with the global trend of rising inflation and subsequent central bank responses observed in many countries. Like Brazil, other major economies such as the United States, United Kingdom, and European Union implemented aggressive rate hikes throughout 2022-2023 to combat inflationary pressures. However, a coordinated shift began in mid-2024, with many central banks initiating rate cuts. This global trend is reflected in Brazil's monetary policy decisions, as the country began reducing its Selic rate in August 2023 after maintaining it at ***** percent for several months. Comparison with other economies While Brazil's inflation rate reached **** percent in April 2025, other major economies exhibited varying levels of inflationary pressure. For instance, China reported a deflationary rate of **** percent, while Russia maintained a high inflation rate of **** percent during the same period. The United Kingdom, which experienced similar volatility in its inflation rate, saw it peak at *** percent in October 2022 before moderating to *** percent by September 2024. These comparisons highlight the diverse economic conditions and policy responses across different countries, with Brazil's experience falling somewhere in the middle of this spectrum.

Russia Bank Lending Conditions: Households: Consumer: Loan Interest Rate data was reported at 0.962 % Point in Mar 2019. This records an increase from the previous number of -1.923 % Point for Dec 2018. Russia Bank Lending Conditions: Households: Consumer: Loan Interest Rate data is updated quarterly, averaging -9.398 % Point from Dec 2011 (Median) to Mar 2019, with 30 observations. The data reached an all-time high of 75.439 % Point in Dec 2014 and a record low of -42.157 % Point in Dec 2016. Russia Bank Lending Conditions: Households: Consumer: Loan Interest Rate data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Monetary and Banking Statistics – Table RU.KAC018: Bank Lending Tightness: Loans to Households.

Lending interest rate (%) in Russia was reported at 11.62 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.