Uzbekistan Policy Rate
1994 - 2026 | Monthly | % pa | CEIC Data
Key information about Uzbekistan Policy Rate
- Uzbekistan cash rate (Policy Rate: Month End: Uzbekistan: Refinance Rate) was set at 14.00 % pa in Jan 2026, compared with 14.00 % pa in the previous Dec 2025.
- Uzbekistan Policy Rate averaged 14.00 % pa and is updated monthly, available from May 1994 to Jan 2026.
- The data reached an all-time high of 300.00 % pa in Jun 1995 and a record low of 9.00 % pa in May 2017.
Central Bank of the Republic of Uzbekistan provides monthly Policy Rate.
View Uzbekistan's Policy Rate from May 1994 to Jan 2026 in the chart:
What was Uzbekistan's Policy Rate in Jan 2026?
Uzbekistan cash rate (Policy Rate: Month End: Uzbekistan: Refinance Rate) was set at 14.00 % pa in Jan 2026, compared with 14.00 % pa in the previous Dec 2025. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 14.00 Jan 2026 | 14.00 Dec 2025 | 9.00 May 2017 | 300.00 Jun 1995 | % pa | monthly | May 1994 - Jan 2026 |
Policy Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% pa) | 2.50 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Algeria (% pa) | 2.75 Jan 2026 | monthly | Jan 1963 - Jan 2026 |
| Argentina (%) | 25.46 Dec 2025 | monthly | Jan 1985 - Dec 2025 |
| Armenia (% pa) | 6.50 Jan 2026 | monthly | May 2001 - Jan 2026 |
| Australia (% pa) | 3.60 Jan 2026 | monthly | Aug 1990 - Jan 2026 |
| Austria (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Azerbaijan (% pa) | 6.75 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Bahrain (% pa) | 4.50 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Bangladesh (% pa) | 10.00 Oct 2025 | monthly | Sep 2009 - Oct 2025 |
| Belarus (% pa) | 9.75 Jan 2026 | monthly | Jul 1991 - Jan 2026 |
| Belgium (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Bolivia (% pa) | 3.34 Jan 2026 | monthly | Jan 2013 - Jan 2026 |
| Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
| Brazil (% pa) | 15.00 Jan 2026 | monthly | Mar 1999 - Jan 2026 |
| Bulgaria (% pa) | 1.81 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Canada (% pa) | 2.25 Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Chile (% pa) | 4.50 Dec 2025 | monthly | May 1995 - Dec 2025 |
| China (% pa) | 1.40 Nov 2025 | monthly | May 2012 - Nov 2025 |
| Colombia (% pa) | 9.25 Jan 2026 | monthly | Apr 1995 - Jan 2026 |
| Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
| Cyprus (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Czech Republic (% pa) | 2.50 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Denmark (% pa) | 1.60 Jan 2026 | monthly | Aug 1914 - Jan 2026 |
| Ecuador (% pa) | 7.74 Jan 2026 | monthly | Jul 1995 - Jan 2026 |
| Egypt (% pa) | 20.50 Jan 2026 | monthly | Jan 1991 - Jan 2026 |
| Estonia (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| European Union (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Finland (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| France (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Georgia (% pa) | 8.00 Jan 2026 | monthly | Jan 2008 - Jan 2026 |
| Germany (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Ghana (% pa) | 25.00 Nov 2025 | monthly | Nov 2002 - Nov 2025 |
| Greece (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Hong Kong SAR, China (% pa) | 4.00 Dec 2025 | monthly | Jun 1992 - Dec 2025 |
| Hungary (% pa) | 6.50 Nov 2025 | monthly | Oct 1990 - Nov 2025 |
| Iceland (% pa) | 8.00 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| India (% pa) | 5.25 Jan 2026 | monthly | Apr 2001 - Jan 2026 |
| Indonesia (% pa) | 4.75 Jan 2026 | monthly | Jun 2015 - Jan 2026 |
| Ireland (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Israel (% pa) | 4.00 Jan 2026 | monthly | Dec 1998 - Jan 2026 |
| Italy (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
| Japan (% pa) | 0.50 Nov 2025 | monthly | Mar 2006 - Nov 2025 |
| Jordan (% pa) | 6.75 Jan 2026 | monthly | Dec 1965 - Jan 2026 |
| Kazakhstan (% pa) | 18.00 Jan 2026 | monthly | Feb 1992 - Jan 2026 |
| Kenya (% pa) | 9.00 Jan 2026 | monthly | Jul 2003 - Jan 2026 |
| South Korea (% pa) | 2.50 Jan 2026 | monthly | May 1999 - Jan 2026 |
| Kosovo (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Kuwait (% pa) | 3.50 Jan 2026 | monthly | Jul 1999 - Jan 2026 |
| Kyrgyzstan (% pa) | 11.00 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Laos (% pa) | 8.50 Nov 2025 | monthly | Dec 1992 - Nov 2025 |
| Latvia (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Lebanon (% pa) | 20.00 Sep 2025 | monthly | Apr 1964 - Sep 2025 |
| Lithuania (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Luxembourg (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Macau SAR, China (% pa) | 4.00 Jan 2026 | monthly | Dec 1999 - Jan 2026 |
| North Macedonia (% pa) | 5.35 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Malawi (% pa) | 26.00 Jan 2026 | monthly | Jan 1980 - Jan 2026 |
| Malaysia (% pa) | 2.75 Jan 2026 | monthly | Apr 2004 - Jan 2026 |
| Malta (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Mauritius (% pa) | 4.50 Jan 2026 | monthly | Dec 1999 - Jan 2026 |
| Mexico (% pa) | 7.00 Jan 2026 | monthly | Jan 2008 - Jan 2026 |
| Moldova (% pa) | 5.00 Jan 2026 | monthly | Feb 2001 - Jan 2026 |
| Mongolia (% pa) | 12.00 Jan 2026 | monthly | Jul 2007 - Jan 2026 |
| Montenegro (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Morocco (% pa) | 2.25 Jan 2026 | monthly | Jun 1995 - Jan 2026 |
| Myanmar (% pa) | 9.00 2025 | yearly | 1986 - 2025 |
| Nepal (% pa) | 5.75 Dec 2025 | monthly | Jul 2003 - Dec 2025 |
| Netherlands (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| New Zealand (% pa) | 2.25 Nov 2025 | monthly | Mar 1999 - Nov 2025 |
| Nigeria (% pa) | 27.00 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Norway (% pa) | 4.00 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Oman (% pa) | 4.25 Feb 2026 | monthly | May 2007 - Feb 2026 |
| Pakistan (% pa) | 11.50 Jan 2026 | monthly | Feb 1992 - Jan 2026 |
| Paraguay (% pa) | 5.75 Jan 2026 | monthly | Jul 2010 - Jan 2026 |
| Peru (% pa) | 4.25 Jan 2026 | monthly | Sep 2003 - Jan 2026 |
| Philippines (% pa) | 5.25 Nov 2025 | monthly | Jun 2016 - Nov 2025 |
| Poland (% pa) | 4.00 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Portugal (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Qatar (% pa) | 4.35 Jan 2026 | monthly | Mar 2003 - Jan 2026 |
| Romania (% pa) | 6.50 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Russia (% pa) | 16.00 Jan 2026 | monthly | Sep 2013 - Jan 2026 |
| Saudi Arabia (% pa) | 4.25 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Serbia (% pa) | 5.75 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| Singapore (% pa) | 1.05 Nov 2025 | monthly | Jul 2005 - Nov 2025 |
| Slovakia (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Slovenia (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| South Africa (% pa) | 6.75 Jan 2026 | monthly | Nov 1999 - Jan 2026 |
| Spain (% pa) | 2.15 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Sri Lanka (% pa) | 7.25 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Sweden (% pa) | 1.75 Dec 2025 | monthly | Jan 1987 - Dec 2025 |
| Switzerland (% pa) | -0.05 Jan 2026 | monthly | Jun 1999 - Jan 2026 |
| Syria (% pa) | 5.00 Dec 2025 | monthly | Jan 1962 - Dec 2025 |
| Taiwan, China (% pa) | 2.00 Nov 2025 | monthly | Jul 1961 - Nov 2025 |
| Tajikistan (% pa) | 7.50 Dec 2025 | monthly | Jun 1995 - Dec 2025 |
| Thailand (% pa) | 1.25 Jan 2026 | monthly | May 2000 - Jan 2026 |
| Tunisia (% pa) | 7.00 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Turkey (% pa) | 37.00 Jan 2026 | monthly | Jun 1996 - Jan 2026 |
| Ukraine (% pa) | 15.50 Jan 2026 | monthly | Dec 1992 - Jan 2026 |
| United Arab Emirates (% pa) | 3.65 Jan 2026 | monthly | Nov 2007 - Jan 2026 |
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Learn more about what we doUzbekistan Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.6 Sep 2020 | quarterly | Mar 2016 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -96.878 Sep 2020 | quarterly | Mar 2013 - Sep 2020 |
| Tax Revenue (USD mn) | 2,449.148 Jun 2020 | quarterly | Mar 2013 - Jun 2020 |
| Tax Revenue: % of GDP (%) | 15.0 Jun 2020 | quarterly | Mar 2016 - Jun 2020 |
| Government Debt: % of GDP (%) | 21.8 2019 | yearly | 2008 - 2019 |
| Forecast: Government Expenditure (UZS bn) | 953,957.922 2030 | yearly | 1992 - 2030 |
| Forecast: Government Net Debt (UZS bn) | 1,006,371.035 2030 | yearly | 1997 - 2030 |
| Forecast: Government Revenue (UZS bn) | 875,509.112 2030 | yearly | 1991 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 13.866 2028 | yearly | 1992 - 2028 |
| Trade Balance (USD mn) | -3,028.8 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Total Exports (USD mn) | 1,164.8 Nov 2025 | monthly | Jan 2016 - Nov 2025 |
| Total Exports Growth (%) | 11.0 Nov 2025 | monthly | Jan 2017 - Nov 2025 |
| Aluminum: Exports (USD th) | 75,494.872 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 17,200.690 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 27,106.964 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 3,953.0 Nov 2025 | monthly | Jan 2016 - Nov 2025 |
| Total Imports Growth (%) | 27.9 Oct 2025 | monthly | Jan 2017 - Oct 2025 |
| Imports: Medicament (USD th) | 1,153,155.651 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 258,185.765 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2.104 Oct 2025 | monthly | May 1999 - Oct 2025 |
| Total Imports from USA (USD mn) | 60.198 Oct 2025 | monthly | Jun 1992 - Oct 2025 |
| Total Exports to China (USD mn) | 602.436 Dec 2025 | monthly | Jul 2017 - Dec 2025 |
| Total Imports from China (USD mn) | 1,976.110 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Import Volume Index (2015=100) | 177.286 2021 | yearly | 2000 - 2021 |
| Import Value Index (2015=100) | 207.149 2021 | yearly | 1995 - 2021 |
| Export Volume Index (2015=100) | 77.965 2021 | yearly | 2000 - 2021 |
| Export Value Index (2015=100) | 149.113 2021 | yearly | 1995 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 56.5 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Current Account Balance (USD mn) | -112.8 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Current Account Balance: % of GDP (%) | -0.3 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 871.8 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 3.3 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | 839.588 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.1 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 7.7 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 831.868 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| External Debt (USD mn) | 78,522.8 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| External Debt: % of GDP (%) | 61.4 2024 | yearly | 2005 - 2024 |
| Forecast: Current Account Balance (USD bn) | -11.514 2030 | yearly | 1992 - 2030 |
| Net International Investment Position (USD mn) | 16,945.337 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.6 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Non-Performing Loans (USD mn) | 1,761.832 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Money Supply M1 (USD mn) | 12,036.808 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| Money Supply M2 (USD mn) | 31,481.858 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| M2 Growth (%) | 36.6 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Foreign Exchange Reserves (USD mn) | 10,644.5 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 7.205 Dec 2025 | quarterly | Dec 2016 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Gold Reserves (Metric Ton) | 1,800.000 2024 | yearly | 2008 - 2024 |
| Total Deposits (USD mn) | 32,850.213 Nov 2025 | monthly | Feb 2017 - Nov 2025 |
| Total Deposits Growth (%) | 27.6 Oct 2025 | monthly | Feb 2018 - Oct 2025 |
| Domestic Credit (USD mn) | 35,693.7 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| Domestic Credit Growth (%) | 20.2 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Total Loans (USD mn) | 48,816.867 Dec 2025 | monthly | Feb 2017 - Dec 2025 |
| Total Loans Growth (%) | 14.06 Dec 2025 | monthly | Feb 2018 - Dec 2025 |
| Deposits: CB: Outstanding Amount: Legal Entities (UZS bn) | 218,762.822 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Deposits: CB: Outstanding Amount: Individuals (UZS bn) | 152,690.140 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Deposits: Commercial Banks (CB): Outstanding Amount (UZS bn) | 371,452.962 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Loans: CB: Outstanding Amount: Individuals (UZS bn) | 208,642.057 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Loans: Commercial Banks (CB): Outstanding Amount (UZS bn) | 582,210.407 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Loans: CB: Outstanding Amount: Legal Entities (UZS bn) | 355,833.442 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
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