Key data points
Last release
—
Observation period
Aug 29, 2025
Next release
—
Forecast
—
Highest
300.00 % on Mar 1, 1994
Lowest
5.50 % on Aug 31, 2015
About Kazakhstan Interest Rate
In Kazakhstan, interest rates decisions are taken by The National Bank of Kazakhstan. The National Bank of Kazakhstan official interest rate is the overnight policy rate. Policymakers set the overnight repo rate as the new benchmark on September 2nd, 2015, instead of the refinancing rate, after abandoning the currency peg in August.
Related indicators
Frequently Asked Questions
Kazakhstan Interest Rate is 16.5% at the moment.
Last month Kazakhstan Interest Rate was 16.5%, and the month before it reached 16.5%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.