The National Bank of Tajikistan hiked its benchmark interest rate by 25 bps to 13.25 percent during its October meeting, bringing borrowing costs to the highest level since November 2019 amid growing concerns over inflationary pressure. The country's annual inflation rate rose to 9.6 percent in September from 9.4 percent in the previous month and above the central bank's target range of 4-8 percent. source: National Bank of Tajikistan

Interest Rate in Tajikistan averaged 10.72 percent from 2003 until 2021, reaching an all time high of 18.06 percent in October of 2003 and a record low of 4.80 percent in January of 2014. This page provides the latest reported value for - Tajikistan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tajikistan Interest Rate - values, historical data and charts - was last updated on October of 2021.

Interest Rate in Tajikistan is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tajikistan Interest Rate is projected to trend around 14.00 percent in 2022 and 12.50 percent in 2023, according to our econometric models.

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Tajikistan Interest Rate


Tajikistan Last Unit Reference Previous Highest Lowest
Interest Rate 13.25 percent Oct/21 13.00 18.06 4.80
Money Supply M1 20675.77 TJS Thousand Aug/21 20440.20 20675.77 93.87
Money Supply M0 19502.13 TJS Thousand Aug/21 19049.54 19502.13 76.05
Money Supply M2 23282.10 TJS Thousand Aug/21 23124.78 23282.10 93.89


Tajikistan Interest Rate
In Tajikistan, interest rate decisions are taken by the National Bank of Tajikistan. The official interest rate is the refinancing rate.