Russia - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Russia was 3.24 as of 2021. As the graph below shows, over the past 24 years this indicator reached a maximum value of 26.03 in 1999 and a minimum value of 3.01 in 2020.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1997 15.28
1998 24.74
1999 26.03
2000 17.93
2001 13.06
2002 10.75
2003 8.50
2004 7.65
2005 6.69
2006 6.35
2007 4.89
2008 6.47
2009 6.73
2010 4.81
2011 4.02
2012 3.57
2013 3.88
2014 5.10
2015 6.52
2016 5.63
2017 4.70
2018 3.50
2019 3.35
2020 3.01
2021 3.24

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates