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

Interest Rate in Uzbekistan averaged 30.85 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 May 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
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
2020-12-10 07:10 AM 14% 14%
2021-01-21 07:00 AM 14% 14%
2021-03-11 07:00 AM 14% 14% 14%
2021-04-22 07:15 AM 14% 14% 14%
2021-06-10 07:00 AM 14%


News Stream
Uzbekistan Leaves Key Interest Rate Steady at 14%
The Central Bank of Uzbekistan left its benchmark refinancing rate steady at 14% during its April 2021 meeting, as inflation expectations remain high. The bank noted that headline inflation slowed to 10.9% in March from 11.4% in February but said the persistence of inflationary risks for longer-than-expected, under the influence of internal and external factors, required the current monetary policy stance. According to the State Statistics Committee, the Uzbekistani economy advanced 3% in real terms during the first quarter of 2021, compared with the same period a year earlier. The central bank added that the country’s major trade partners also showed signs of recovery. Looking ahead, policymakers expect the economy to grow in the range of 4.5-5.5% in 2021, and may consider a cut in interest rates should inflation stay within 9-10% by the end of the year.
2021-04-22
Uzbekistan Holds Key Interest Rate at 14%
The Central Bank of Uzbekistan left its benchmark refinancing rate steady at 14% during its March 2021 meeting, in an attempt to curb inflation while supporting economic recovery. The bank noted that headline inflation edged down to 11.4% in February from 11.6% in January and said it aimed to bring it down to single digits towards a target below 10% in 2021.
2021-03-11
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 Interest Rate
In Uzbekistan, interest rate decisions are taken by the Central Bank of Uzbekistan. The official interest rate is the Refinancing Rate.