Tajikistan Real Interest Rate
Real interest rate FR.INR.RINR
Tajikistan's real interest rate was 19.19% in 2019, ranked 113th globally. This represents a 20.4% decrease from 2018. Data from World Bank, covering 2002–2019.
Overview
Tajikistan's real interest rate stood at 19.19% in 2019, a decline of +4.91pp from 2018. Tajikistan ranked 113th globally.
Tajikistan’s real interest rate has risen sharply since the early 2000s, moving from a trough of –8.15 % in 2003 to an all‑time peak of 24.27 % in 2016, before settling at 19.19 % in 2019, which ranks the country 113th globally. The 18‑year coverage shows a pronounced upward trajectory that coincides with tighter monetary conditions and higher inflation expectations during the post‑global‑financial‑crisis period. Compared with peers of similar rank, Tajikistan’s rate is slightly lower than the Democratic Republic of Congo’s 24.99 % and higher than Azerbaijan’s 17.54 %, suggesting a relatively expansive stance within this group. The early‑2000s negative real rates reflected accommodative policy aimed at spurring growth, while the 2016 peak aligned with a broader regional shift toward fiscal consolidation. If inflation pressures ease and external financing conditions improve, the real interest rate may gradually decline, moderating the current high‑rate environment.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2019 | 19.19% | −4.91pp | #113 |
| 2018 | 24.10% | +6.03pp | #117 |
| 2017 | 18.07% | −6.20pp | #127 |
| 2016 | 24.27% | +6.52pp | #130 |
| 2015 | 17.75% | −1.11pp | #116 |
| 2014 | 18.87% | −1.11pp | #131 |
| 2013 | 19.98% | +11.73pp | #139 |
| 2012 | 8.25% | +0.18pp | #98 |
| 2011 | 8.06% | −1.66pp | #105 |
| 2010 | 9.73% | +0.37pp | #107 |
| 2009 | 9.36% | +12.92pp | #78 |
| 2008 | -3.57% | −0.20pp | #27 |
| 2007 | -3.36% | −5.92pp | #8 |
| 2006 | 2.55% | −10.02pp | #49 |
| 2005 | 12.57% | +10.12pp | #115 |
Detected Pattern
Analysis
Tajikistan matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Tajikistan's real interest rate was 19.19% in 2019. Ranked 113th globally. This represents a 20.4% decrease from the previous year.
Tajikistan's real interest rate peaked at 24.27% in 2016.
The lowest real interest rate in Tajikistan was -8.15% in 2003.
Tajikistan ranks 113th globally in real interest rate as of 2019.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Tajikistan in 2019 was 19.19%. This ranks 113th in the world.
Cite this page
@misc{historysaid_tajikistan_real-interest-rate,
title = {Tajikistan Real Interest Rate},
url = {https://historysaid.com/tajikistan/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}