The benchmark interest rate in Uzbekistan was last recorded at 14 percent. source: Central Bank of Uzbekistan

Interest Rate in Uzbekistan averaged 31.05 percent from 1994 until 2021, reaching an all time high of 300 percent in March of 1995 and a record low of 9 percent in January of 2015. This page provides the latest reported value for - Uzbekistan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uzbekistan Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Interest Rate in Uzbekistan is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Uzbekistan to stand at 14.00 in 12 months time. In the long-term, the Uzbekistan Interest Rate is projected to trend around 15.00 percent in 2022, according to our econometric models.

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Uzbekistan Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.00 14.00 300.00 9.00 1994 - 2021 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2020-09-10 08:20 AM 14% 15% 12.5%
2020-10-22 09:30 AM 14% 14% 14%
2020-12-10 07:10 AM 14% 14%
2021-01-21 07:00 AM 14% 14%
2021-03-11 07:00 AM 14% 14%


News Stream
Uzbekistan Holds Key Interest Rate at 14%
The Central Bank of Uzbekistan left its benchmark refinancing rate unchanged at 14% during its December 2020 meeting, to maintain a balance between supporting economic recovery and reducing inflation. Headline inflation dropped to 11.3 percent in November from 11.5 percent in October and well below 15.6 percent a year ago.
2020-12-10
Uzbekistan Holds Key Interest Rate at 14%
The Central Bank of Uzbekistan left its benchmark refinancing rate unchanged at 14% during its October 2020 meeting, saying it sought to maintain a balance between supporting economic recovery and reducing inflation. The bank said it maintained its outlook for full-year inflation at 11.0% to 12.5% and that will take all necessary measures along with the government to achieve the constant inflation target of 5% by 2023. Headline inflation stood at 11.7% in September, unchanged from August. The board added it planned to keep monetary conditions "relatively tight" under its main macroeconomic scenario for the next three years, as well as under an optimistic scenario which projects a quicker recovery.
2020-10-22
Uzbekistan Cuts Key Interest Rate to 14%
The Central Bank of Uzbekistan cut its benchmark refinancing rate by 100 bps to 14 percent during its September 2020 meeting. Policymakers noted that the inflation rate slowed notably to 11.7 percent in August from 14.4 percent in July. The Committee said that economic recovery is expected to be gradual as the coronavirus restrictions ease, still the return to the pre-crisis level will be more protracted in time. The board added that it will take all necessary measures along with the government to achieve the constant inflation target of 5% by 2023.
2020-09-10
Uzbekistan Holds Policy Interest Rate at 15%
The Central Bank of Uzbekistan held its benchmark refinancing rate at 15 percent during its July meeting, as policymakers want to see a steady trend towards lower inflation before easing its monetary policy. The country's inflation rate stood at 14.2 percent in June, above the central bank's forecast of 11.0 percent to 12.5 percent. Still, policymakers said they would consider slashing interest rates later this year, to support the economy hit by the coronavirus pandemic.
2020-07-23

Uzbekistan Interest Rate
In Uzbekistan, interest rate decisions are taken by the Central Bank of Uzbekistan. The official interest rate is the Refinancing Rate.