Weighted average interest rates on loans granted, 2020–2023
Interest rates on loans issued from 2020 to 2023 are distributed by maturity. Table rows are distinguished by repayment terms: loans up to 30 days (including on-demand), 31 to 90 days, and 91 to 180 days. This allows for comparison of the cost of credit for short-term loans. Data are presented in percent and cover four calendar years
Chart of weighted average interest rates on loans from 2020 to 2023, in percent
- With a term of 31 to 90 days — to individuals
- With a term of up to 1 year, including demand deposits — to individuals
- With a term of up to 30 days, including demand deposits — to individuals
- With a term of 1 to 3 years — to individuals
- With maturity — up to 1 year, including demand deposits — to non-financial organisations
- With maturity — up to 30 days, including demand deposits — to non-financial organisations
- With a term of more than 3 years — to individuals
- With maturity — from 181 to 1 year — to non-financial organisations
- Со сроком — до 1 года,включая «до востребования» — нефинансовым организациям
- With maturity — from 31 to 90 days — to non-financial organisations
Set in numbers
38 series are published here, from 2020 to 2023, 4 reporting periods. 117 values in total.
Between 2020 and 2023 “With a term of up to 30 days, including demand deposits — to individuals” rose from 11.9 to 18 — 51%. The lowest value in the series is 10.5 in 2021.
All table numbers are series: 38
How to read this table
Comparing indicators is facilitated by the differences between rows with different loan maturities. The change in the cost of funds for short-term loans from 2020 to 2023 can be tracked. For example, the rate for loans up to 30 days was 11.93 in 2020 and reached 16.02 by 2023. The table contains 23 rows that group loans by time intervals and market participant categories
What is visible in these numbers
The largest value belongs to “With a term of 31 to 90 days — to individuals” — 34.7; the smallest is “With maturity — up to 30 days, including demand deposits — to non-financial organisations” at 1.4. The gap between them is 25.7-fold.
The table is 93% filled: Rosstat does not publish every cell, and the gaps are left as they are rather than interpolated.
More in the section Corporate finance»
Period and application
Statistics are published by Rosstat and cover data on loans provided over the last four years. Information in the columns for 2020, 2021, 2022, and 2023 helps assess the dynamics of borrowing costs. This information will be useful to financial sector professionals, economists, and those planning to obtain bank loans
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