Uzbekistan Lending Rate
Lending interest rate FR.INR.LEND
Uzbekistan's lending rate was 22.85% in 2025, ranked 9th globally. This represents a 1.2% decrease from 2024. Data from World Bank, covering 2013–2025.
Overview
Uzbekistan's lending rate stood at 22.85% in 2025, a decline of +0.28pp from 2024. Based on recent trends, this figure is projected to reach 22.85% by 2025. Uzbekistan ranked 9th globally.
Uzbekistan’s lending rate has risen sharply over the 13‑year span covered by the World Bank series, climbing from 16.20 % in 2013 to a peak of 23.61 % in 2019 before easing to 13.52 % in 2016 and then climbing again to 22.85 % in 2025, the ninth‑highest level among all reporting economies. The post‑trough increase mirrors a broader tightening of monetary conditions in the region, and the 2025 rate is only marginally lower than Ukraine’s 23.40 % and considerably above Colombia’s 21.90 % and Sierra Leone’s 20.97 %. The volatility reflects a combination of inflationary pressures, fiscal financing needs and external financing constraints that have prompted the central bank to adjust policy rates frequently. If inflation moderates and fiscal deficits narrow, the central bank may be able to lower the lending rate, steering the trajectory downward; otherwise, the current upward bias is likely to persist.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 23.32% | - | - |
| 2026* trend | 23.08% | - | - |
| 2025* trend | 22.85% | - | - |
| 2025 | 22.85% | −0.28pp | #9 |
| 2024 | 23.13% | +0.98pp | #74 |
| 2023 | 22.15% | +0.40pp | #85 |
| 2022 | 21.75% | +0.32pp | #92 |
| 2021 | 21.42% | −0.92pp | #103 |
| 2020 | 22.34% | −1.27pp | #105 |
| 2019 | 23.61% | +3.64pp | #111 |
| 2018 | 19.97% | +4.59pp | #111 |
| 2017 | 15.38% | +1.85pp | #106 |
| 2016 | 13.52% | −0.25pp | #93 |
| 2015 | 13.77% | −2.22pp | #96 |
| 2014 | 15.99% | −0.21pp | #111 |
| 2013 | 16.20% | – | #117 |
Detected Pattern
Analysis
Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Uzbekistan's lending rate was 22.85% in 2025. Ranked 9th globally. This represents a 1.2% decrease from the previous year.
Uzbekistan's lending rate peaked at 23.61% in 2019.
The lowest lending rate in Uzbekistan was 13.52% in 2016.
Uzbekistan ranks 9th globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Uzbekistan's lending rate is projected to reach 22.85% by 2025 based on trend extrapolation.
The lending rate of Uzbekistan in 2025 was 22.85%. This ranks 9th in the world.
Cite this page
@misc{historysaid_uzbekistan_lending-rate,
title = {Uzbekistan Lending Rate},
url = {https://historysaid.com/uzbekistan/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}