juris.hq
BankingUpdated 09.09.2026

What is the interest rate in Uzbekistan?

Short answer

The Central Bank's policy rate is 14%, unchanged since March 2025. Commercial lending averages 23.1%.

14%Central Bank policy rate held since March 2025 (Central Bank of Uzbekistan, 1 July 2026 ↗)
23.1%Average commercial lending rate what a borrower actually pays (World Bank, 2025 ↗)
8.8%Consumer price inflation so the policy rate is well above inflation (World Bank, 2025 ↗)
37.6%Broad money growth over the year to August 2026 — the pressure the rate is held against (Central Bank of Uzbekistan, 1 July 2026 ↗)
What the figures show

A separate rate matters for tax rather than for borrowing: interest on tax paid late runs at one three-hundredth of the Central Bank refinancing rate for each calendar day the payment is outstanding, with no stated cap. (Tax Code, Art. 110 — lex.uz ↗)

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Part of the answer bank 195 questions, each cited to the article it rests on.