Effective Bank Tax Rate in Russia

Effective bank tax rate reached 18.6% in 2020 in Russia, according to the National Central Bank. This is 76.4% more than in the previous year.

Historically, effective bank tax rate in Russia reached an all time high of 47.8% in 2015 and an all time low of 2.12% in 2008.

Russia has been ranked 36th within the group of 58 countries we follow in terms of effective bank tax rate.