DUSHANBE, Tajikistan, July 25. The total value of loans issued in Tajikistan from January through May 2025 amounted to 11.562 billion somoni (approximately $1.2 billion), which is a 28.2 percent increase compared to the same period in 2024.
The data obtained by Trend from the country's National Bank indicates that the structure of lending by sector has seen notable shifts over the year.
The share of loans allocated to agriculture declined from 15 percent in 2024 to 13.2 percent in 2025, while the industrial sector experienced the sharpest decrease, falling from 12.4 percent to 9.6 percent. Lending to the construction and transport sectors remained stable at 3.8 percent and 0.7 percent, respectively.
Meanwhile, the catering sector saw its share rise from 0.2 percent to 0.5 percent, and the services sector experienced a slight drop from 6.7 percent to 6.5 percent. External trade strengthened its position, increasing from 14.1 percent to 14.7 percent. Financial intermediation, which had no share in 2024, rose to 0.6 percent in 2025.
The most notable increase occurred in consumer lending, which grew from 45.5 percent to 49 percent, reflecting a substantial rise in loans issued for personal consumption. At the same time, lending to other unspecified sectors slightly declined from 1.7 percent to 1.4 percent.
