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Uzbekistan Interest Rate

Uzbekistan's interest rate held steady at 14% in October 2025, matching the September 2025 rate. This decision reflects the Central Bank's focus on tight monetary policy. Inflation eased to 8% in September 2025 but services inflation remained high due to strong demand. The Central Bank aims to balance demand, maintain savings attractiveness, moderate lending and counter imported inflation. Energy tariff liberalization and supply issues also influenced the decision. Uzbekistan's record low interest rate was 9% in September 2015 and record high was 17% in March 2022.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Oct 24, 2025 14%
Sep 11, 2025 14%
Jul 31, 2025 14%
Jun 12, 2025 14%
Apr 24, 2025 14%
Mar 13, 2025 14%
Jan 23, 2025 13.5%
Dec 12, 2024 13.5%
Oct 31, 2024 13.5%
Sep 12, 2024 13.5%
Jul 25, 2024 13.5%
Jun 13, 2024 14%
Apr 25, 2024 14%
Mar 14, 2024 14%
Jan 25, 2024 14%
Dec 14, 2023 14%
Oct 26, 2023 14%
Sep 14, 2023 14%
Jul 27, 2023 14%
Jun 15, 2023 14%
May 04, 2023 14%
Mar 16, 2023 14%
Jan 26, 2023 15%
Dec 15, 2022 15%
Oct 27, 2022 15%
Sep 08, 2022 15%
Jul 21, 2022 15%
Jun 09, 2022 16%
Apr 21, 2022 17%
Mar 17, 2022 17%
Jan 20, 2022 14%
Dec 09, 2021 14%
Oct 21, 2021 14%
Sep 09, 2021 14%
Jul 26, 2021 14%
Jun 10, 2021 14%
Apr 22, 2021 14%
Mar 11, 2021 14%
Jan 21, 2021 14%
Dec 10, 2020 14%
Oct 22, 2020 14%
Sep 10, 2020 14%
Jul 23, 2020 15%
Jun 11, 2020 15%
Apr 14, 2020 15%
Mar 05, 2020 16%
Jan 16, 2020 16%
Nov 29, 2019 16%
Aug 30, 2019 16%
Jun 28, 2019 16%
Apr 20, 2019 16%
Oct 31, 2018 16%
Sep 28, 2018 16%
Jul 31, 2018 14%
Jun 29, 2018 14%
Mar 30, 2018 14%
Feb 07, 2018 14%
Jul 31, 2017 14%
Jun 28, 2017 14%
Feb 28, 2017 9%
Jan 24, 2017 9%
Sep 30, 2015 9%

Recent Events

datetime event actual previous consensus
2025-10-24 04:00 AM Interest Rate Decision 14% 14% -
2025-09-11 02:00 AM Interest Rate Decision 14% 14% -

Next Release Date :

Uzbekistan Interest Rate : Definition
The Interest Rate set by the Central Bank of Uzbekistan is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.