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Tajikistan Lending Rate

Lending interest rate  FR.INR.LEND

Tajikistan's lending rate was 23.55% in 2019, ranked 110th globally. This represents a 13.4% decrease from 2018. Data from World Bank, covering 2002–2019.

23.55% −3.64pp (-13.4%)
Year 2019 Rank #110 Global Peak 29.65% (2017) Source World Bank

Tajikistan Lending Rate (2002–2019)

Overview

Tajikistan's lending rate stood at 23.55% in 2019, a decline of +3.64pp from 2018. Tajikistan ranked 110th globally.

Tajikistan’s lending rate has risen sharply since the early 2000s, moving from an all‑time trough of 14.21 % in 2002 to a peak of 29.65 % in 2017 before easing to 23.55 % in 2019, a level that placed the country 110th globally. The 18‑year series shows a clear upward bias, with the rate more than doubling over the period, reflecting tight monetary conditions and limited credit‑market development. By contrast, regional peers such as Uzbekistan posted a slightly lower rate of 23.61 % in the same year, while Ukraine’s rate was 19.82 %, underscoring Tajikistan’s comparatively restrictive financing environment. The post‑peak decline suggests some policy relaxation, yet the current level remains well above the 2002 trough and above many neighboring economies. Future movements will likely depend on the Central Bank’s stance toward inflation, the pace of financial‑sector reforms, and external funding conditions, which could either sustain the modest downward trend or prompt a reversal.

Data & projection

Year Lending Rate YoY change Rank
2019 23.55% −3.64pp #110
2018 27.19% −2.46pp #115
2017 29.65% +4.70pp #129
2016 24.94% −0.89pp #129
2015 25.84% +1.31pp #131
2014 24.53% +0.20pp #134
2013 24.33% +3.24pp #136
2012 21.09% −1.37pp #128
2011 22.46% −0.94pp #126
2010 23.40% +0.78pp #126
2009 22.62% −0.98pp #125
2008 23.59% +0.63pp #123
2007 22.96% −1.20pp #121
2006 24.16% +0.87pp #124
2005 23.28% +2.97pp #117
Show all years (2002-2019)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +54.0% GDP growth 8.0% C/A balance 15.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Tajikistan matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw lending rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Tajikistan's lending rate?▾

Tajikistan's lending rate was 23.55% in 2019. Ranked 110th globally. This represents a 13.4% decrease from the previous year.

What was the highest lending rate in Tajikistan?▾

Tajikistan's lending rate peaked at 29.65% in 2017.

What was the lowest lending rate in Tajikistan?▾

The lowest lending rate in Tajikistan was 14.21% in 2002.

How does Tajikistan rank in lending rate?▾

Tajikistan ranks 110th globally in lending rate as of 2019.

What is the World Bank indicator code for lending rate?▾

The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.

What is the lending rate of Tajikistan in 2019?▾

The lending rate of Tajikistan in 2019 was 23.55%. This ranks 110th in the world.

Cite this page

APA
Tajikistan Lending Rate. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/tajikistan/lending-rate/
BibTeX
@misc{historysaid_tajikistan_lending-rate, title = {Tajikistan Lending Rate}, url = {https://historysaid.com/tajikistan/lending-rate/}, publisher = {HistorySaid}, year = {2026} }
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