Interest rates on ruble loans for the period 2018–2022 are presented by various borrowing terms. Table rows are categorized by loan duration, ranging from short-term loans up to 30 days (including demand loans) to longer terms. This illustrates how the cost of borrowing changed for borrowers depending on the loan term
Chart of weighted average interest rates on ruble loans from 2018 to 2022
By term / In roubles — from 31 to 90 days / 12 — to individuals
By term / In roubles — from 181 days to 1 year / 18.32 — to individuals
By term / In roubles — up to 30 days, including demand deposits / 13.91 — to individuals
With maturity / In RUB — from 91 to 180 days / 18.43 — to non-finan- cial organisa- tions
Term / In rubles — up to 1 year, including demand deposits / 17.87 — to non-financial organizations
By term / In roubles — up to 30 days, including demand deposits / 13.91 — to non-financial organisations
By term / In US dollars — from 181 days to 1 year / 8.12 — to non-financial organisations
Term / In US dollars — up to 30 days, including demand deposits / – — to non-financial organizations
Term / In US dollars — from 31 to 90 days / – — to non-financial organizations
By term / In euros — up to 1 year, including demand deposits / – — to non-financial organisations
Rosstat data for 2018–2022. Series: 43, periods: 5. Shown by items: With maturity / In rubles — up to 30 days, including “on demand…”; With maturity / In rubles — from 31 to 90 days / 12 — non-financial…; With maturity / In rubles — from 91 to 180 days / 18.43 — non-financial…; With maturity / In rubles — from 181 days to 1 year / 18.32 — non-financial…; With maturity / In rubles — up to 1 year, including “on demand” and others
With maturity / In rubles — from 31 to 90 days / 12 — to individuals: the indicator increased from 12.2 to 19 over 2018–2022 — by 55.6%. The highest value was 19.6 (2021), the lowest was 12.2 (2019). This is an average annual growth of 11.7%. Of the 25 largest series, 13 increased and 12 decreased
Comparing rates across different maturities helps clarify the credit market structure for each of the five years. For instance, the cost of loans up to 30 days can be compared with loans for 91 to 180 days to assess the difference in yield for lenders. Data is grouped by time intervals, facilitating the analysis of ruble lending cost dynamics
What is visible in these numbers
The five highest values: With maturity / In rubles — from 31 to 90 days / 12 … (19.6), With maturity / In rubles — from 91 to 180 days / 18… (18.9), With maturity / In rubles — up to 1 year, including “on demand…” (17.4), With maturity / In rubles — from 181 days to 1 year / 18… (16.6), With maturity / In rubles — from 1 year to 3 years / 1… (15.9). The gap between the highest and lowest is 5.27 times. The top five account for 35.1% of the total for all items
Observations are annual, with 5 observation periods in the dataset. There are 115 values in the table out of 125 possible, which is 92%. Minor gaps remain where an item was not observed in all periods
The statistics cover the period from 2018 to 2022 and include 24 rows of indicators. Weighted average rate data is relevant for financial sector analysts, investors, and companies planning long-term or short-term ruble borrowing
How it is calculated
Source disclaimer: According to the Bank of Russia
1) По данным Банка России.
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