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Economy of Australia vs Uzbekistan compared: GDP & Debt

Updated on by Georank

Australia has a GDP of $1.8T compared to $147B for Uzbekistan, ranking 15/197 and 61/197 by economy size, respectively.

Australia has $918B in government debt (51% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Australia vs Uzbekistan GDP by year

Australia
Uzbekistan
1x
Year GDP, current $
Australia Uzbekistan
2025 $1,798,518,933,689 $147,038,081,129
2024 $1,757,022,451,653 $121,356,065,241
2023 $1,734,451,264,656 $107,526,539,716
2022 $1,695,627,535,476 $94,286,355,836
2021 $1,560,617,493,203 $81,170,051,811
2020 $1,333,336,461,648 $70,127,127,133
2019 $1,398,349,602,956 $70,170,662,563
2018 $1,433,144,978,762 $61,318,332,403
2017 $1,330,890,554,614 $72,276,404,058
2016 $1,211,588,128,418 $97,871,364,319
2015 $1,356,805,839,936 $97,564,568,987
2014 $1,474,677,007,566 $91,303,765,114
2013 $1,583,737,461,925 $82,674,178,352
2012 $1,552,728,401,402 $75,318,846,931
2011 $1,402,939,868,653 $67,404,618,405
2010 $1,152,566,632,022 $55,544,226,553
2009 $931,761,689,771 $33,689,223,673
2008 $1,058,448,244,064 $29,549,438,884
2007 $856,603,595,823 $22,311,393,928
2006 $749,708,370,333 $17,330,833,853
2005 $696,811,489,613 $14,307,509,839
2004 $615,643,050,221 $12,030,023,548
2003 $468,517,181,130 $10,134,453,435
2002 $396,436,967,263 $9,687,788,513
2001 $380,360,222,861 $11,401,421,329
2000 $416,901,962,163 $13,760,513,969
1999 $390,347,787,943 $17,078,465,982
1998 $400,361,527,505 $14,988,971,211
1997 $436,321,902,767 $14,744,603,774
1996 $401,962,517,479 $13,948,892,216
1995 $368,725,126,225 $13,350,461,265
1994 $323,269,456,935 $12,899,074,922
1993 $312,568,858,910 $13,099,920,056
1992 $325,982,966,981 $12,953,801,760
1991 $326,416,407,861 $13,800,167,712
1990 $311,840,666,465 $13,362,340,338
1989 $300,264,309,002 $11,948,815,258
1988 $236,461,079,970 $10,722,799,639
1987 $189,726,707,253 $8,523,160,593
1986 $182,707,050,923 -
1985 $180,861,108,959 -
1984 $193,749,932,078 -
1983 $177,523,719,680 -
1982 $194,323,071,831 -
1981 $177,151,979,566 -
1980 $150,200,557,103 -
1979 $135,093,718,051 -
1978 $118,660,813,780 -
1977 $110,504,702,914 -
1976 $105,209,354,856 -
1975 $97,440,939,506 -
1974 $89,086,219,602 -
1973 $63,923,126,201 -
1972 $52,117,990,654 -
1971 $45,283,847,245 -
1970 $41,395,206,623 -
1969 $36,738,245,878 -
1968 $32,763,365,242 -
1967 $30,487,524,878 -
1966 $27,349,284,376 -
1965 $26,014,244,162 -
1964 $23,835,843,814 -
1963 $21,573,443,452 -
1962 $19,953,923,193 -
1961 $19,713,123,154 -
1960 $18,635,682,982 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

GDP per capita in Australia vs Uzbekistan by year

Australia
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $65,130 - $3,968 -
2024 $64,610 $72,111 $3,337 $11,879
2023 $65,058 $72,273 $3,016 $11,107
2022 $65,170 $66,103 $2,699 $10,293
2021 $60,759 $58,327 $2,370 $9,248
2020 $51,983 $54,184 $2,088 $8,452
2019 $55,195 $52,886 $2,129 $8,544
2018 $57,410 $50,371 $1,894 $8,129
2017 $54,118 $48,565 $2,271 $7,818
2016 $50,084 $47,446 $3,128 $6,919
2015 $56,970 $46,465 $3,173 $6,800
2014 $62,817 $47,109 $3,021 $6,610
2013 $68,477 $46,123 $2,781 $6,413
2012 $68,301 $43,007 $2,574 $6,168
2011 $62,799 $42,153 $2,339 $5,949
2010 $52,314 $39,504 $1,957 $5,505
2009 $42,955 $40,434 $1,206 $5,135
2008 $49,811 $37,616 $1,075 $4,800
2007 $41,128 $36,708 $824 $4,386
2006 $36,659 $34,890 $649 $3,956
2005 $34,535 $33,090 $543 $3,618
2004 $30,886 $31,815 $462 $3,321
2003 $23,758 $30,167 $394 $3,047
2002 $20,335 $29,080 $381 $2,902
2001 $19,734 $27,688 $454 $2,782
2000 $21,909 $26,585 $555 $2,644
1999 $20,750 $25,531 $698 $2,522
1998 $21,516 $24,386 $621 $2,418
1997 $23,683 $23,142 $621 $2,329
1996 $22,056 $22,134 $597 $2,214
1995 $20,479 $21,050 $583 $2,178
1994 $18,156 $20,174 $574 $2,197
1993 $17,725 $19,220 $596 $2,318
1992 $18,650 $18,259 $603 $2,371
1991 $18,885 $17,839 $658 $2,676
1990 $18,274 $17,385 $653 $2,665
1989 $17,858 - $598 -
1988 $14,303 - $551 -
1987 $11,666 - $450 -
1986 $11,406 - - -
1985 $11,455 - - -
1984 $12,436 - - -
1983 $11,532 - - -
1982 $12,798 - - -
1981 $11,871 - - -
1980 $10,223 - - -
1979 $9,308 - - -
1978 $8,264 - - -
1977 $7,786 - - -
1976 $7,497 - - -
1975 $7,014 - - -
1974 $6,492 - - -
1973 $4,778 - - -
1972 $3,955 - - -
1971 $3,500 - - -
1970 $3,310 - - -
1969 $2,996 - - -
1968 $2,728 - - -
1967 $2,584 - - -
1966 $2,347 - - -
1965 $2,284 - - -
1964 $2,134 - - -
1963 $1,970 - - -
1962 $1,858 - - -
1961 $1,880 - - -
1960 $1,813 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

Australia's GDP per capita is $65,130, ranking 14/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Australia Uzbekistan
Gross domestic product
$1.8T
2025
$147B
2025
GDP rank
15/197
2025
61/197
2025
GDP growth
1.35%
2024-2025
7.7%
2024-2025
GDP per capita
$65,130
2025
$3,968
2025
GDP per capita rank
14/197
2025
134/197
2025
GDP per capita, PPP
$72,111
2024
$11,879
2024
GDP per capita PPP rank
22/197
2024
125/197
2024
Government debt
$918B
2025
$42B
2025
Debt-to-GDP ratio
51%
2025
28.6%
2025
Government debt per person
$33,239
2025
$1,134
2025
Government debt per person rank
22/185
2025
139/185
2025
Average annual personal income after taxes
$50,637
2026
$3,560
2026
Market capitalization of domestic companies
$2.05T
2025
$23.7B
2025
Number of millionaires
1,634,000
2026
n/a
Number of billionaires
47
2026
n/a
Income share by richest 10%
25.9%
2020
24.2%
2025
Income share by poorest 10%
2.6%
2020
2.4%
2025
Government expenditure, % of GDP
39.5%
2025
27.4%
2025
Consumer prices inflation
2.87%
2024-2025
8.8%
2024-2025
Central bank interest rate
4.35%
2026
14%
2025
Unemployment rate
4.2%
2025
5.29%
2020
Population
28010980
38082870

Spending and national debt comparison by year

Australia
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Australia Uzbekistan
Government spending Government debt Government spending Government debt
2025 39.5% 51% 27.4% 28.6%
2024 38.7% 50.6% 26.1% 30.9%
2023 37.4% 49.4% 28.6% 30.7%
2022 37.4% 50% 30% 29.2%
2021 41.7% 55.4% 26.1% 30.2%
2020 44.3% 56.9% 24.7% 31.9%
2019 38.8% 46.5% 23.4% 24.3%
2018 36.7% 41.6% 21.2% 16.7%
2017 36.6% 41% 19.9% 17.3%
2016 37.1% 40.5% 20.5% 7.21%
2015 37.1% 37.6% 21.7% 5.94%
2014 36.6% 33.9% 22% 5.39%
2013 36.2% 30.3% 22.3% 5.51%
2012 36.4% 27.4% 21.5% 6.06%
2011 36.2% 24% 21.1% 5.65%
2010 36.8% 20.3% 23.7% 5.92%
2009 37.6% 16.6% 24.7% 6.57%
2008 35% 11.7% 23.8% 7.5%
2007 34.2% 9.65% 22.4% 8.6%
2006 34.5% 9.92% 22.3% 12.2%
2005 34.5% 10.8% 25.3% 18.9%
2004 34.8% 11.9% 26.5% 24.2%
2003 34.9% 13.2% 28.4% 28.3%
2002 34.9% 15% 31.2% 37.5%
2001 35.6% 17.1% 27.6% 40.4%
2000 35.1% 19.5% 29.6% 26.5%
1999 36.2% 22.5% 30.3% 16.6%
1998 34.6% 23.7% 31.6% 16.2%
1997 32.8% 25.9% 28.7% 13.8%
1996 33.5% 29.3% 31.6% -
1995 33.6% 31.1% 26.5% -
1994 33.7% 31.7% 24.4% -
1993 34.1% 30.6% 35.6% -
1992 34% 27.6% 16.2% -
1991 33% 21.6% - -
1990 30.4% 16.4% - -
1989 34.5% 17% - -
1988 34.6% 20.5% - -
1987 36% 25.2% - -
1986 38.4% 25.5% - -
1985 38.7% 24% - -
1984 38.4% 22.3% - -
1983 37% 21% - -
1982 36.7% 16.8% - -
1981 33.4% 19.1% - -
1980 33.2% 21.2% - -
1979 32.5% 22.8% - -
1978 33.2% 24.7% - -
1977 34.1% 23.6% - -
1976 33.3% 22.9% - -
1975 33% 23.6% - -
1974 30.9% 22.3% - -
1973 26.6% 27.3% - -
1972 27% 30.7% - -
1971 26.1% 32.2% - -
1970 25.3% 34.9% - -
1969 24.7% 36.7% - -
1968 25.3% 39.4% - -
1967 26.4% 40.5% - -
1966 25.6% 42.4% - -
1965 25.8% 43.7% - -
1964 23.5% 44.9% - -
1963 23% 47.5% - -
1962 22.7% 50.2% - -
1961 23.3% 49.3% - -
1960 21.8% 48.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

In 2025, Australia's government spending was $710B, accounting for 39.5% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 51% in Australia and 28.6% in Uzbekistan, ranking 104/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Australia Uzbekistan
2025 -2.78% -1.66%
2024 -2.25% -2.25%
2023 -1.26% -3.85%
2022 -2.21% -3.49%
2021 -6.35% -3.9%
2020 -8.7% -2.8%
2019 -4.39% -0.29%
2018 -1.25% 1.57%
2017 -1.71% 1.04%
2016 -2.41% 0.62%
2015 -2.78% -0.24%
2014 -2.91% 1.68%
2013 -2.8% 1.9%
2012 -3.5% 5.28%
2011 -4.51% 4.56%
2010 -5.1% 2.29%
2009 -4.55% 1.64%
2008 -1.1% 5.38%
2007 1.47% 3.2%
2006 1.77% 2.45%
2005 1.7% -3.17%
2004 1.32% -3.37%
2003 1.05% -4.39%
2002 0.19% -5.69%
2001 -0.03% -2.95%
2000 1.25% -3.29%
1999 0.66% -2.62%
1998 -0.25% -2.74%
1997 -0.49% -1.85%
1996 -1.45% -1.41%
1995 -2.6% -1.59%
1994 -3.79% -4.03%
1993 -4.72% -10.8%
1992 -4.74% 6.44%
1991 -2.78% -
1990 -0.23% -
1989 -1.29% -
1988 -0.77% -
1987 -1.66% -
1986 -3.5% -
1985 -5.24% -
1984 -5.48% -
1983 -5.66% -
1982 -5.19% -
1981 -3.25% -
1980 -2.87% -
1979 -2.32% -
1978 -4.19% -
1977 -4.39% -
1976 -3.44% -
1975 -3.47% -
1974 -2.46% -
1973 0.16% -
1972 -0.97% -
1971 -0.23% -
1970 -0.23% -
1969 0.53% -
1968 -0.7% -
1967 -1.65% -
1966 -1.77% -
1965 -1.46% -
1964 0.19% -
1963 -0.26% -
1962 -0.38% -
1961 -0.78% -
1960 0.47% -
1959 0.06% -
1958 -0.25% -
1957 -0.33% -
1956 1% -
1955 0.08% -
1954 -0.27% -
1953 -0.86% -
1952 -0.44% -
1951 1.85% -
1950 4.29% -
1949 0.72% -
1948 2% -
1947 -0.45% -
1946 -4.09% -
1945 -8.87% -
1944 -11.8% -
1943 -12.4% -
1942 -5.17% -
1941 -2.14% -
1940 0.51% -
1939 0.77% -
1938 0.24% -
1937 0.28% -
1936 0.17% -
1935 0.24% -
1934 0.28% -
1933 0.28% -
1932 0.02% -
1931 -0.8% -
1930 -1% -
1929 -0.53% -
1928 -0.69% -
1927 -0.5% -
1926 -0.31% -
1925 -0.26% -
1924 -0.5% -
1923 -0.33% -
1922 -0.94% -
1921 -2% -
1920 -2.43% -
1919 -4.8% -
1918 -4.36% -
1917 -4.99% -
1916 -3.47% -
1915 -1.11% -
1914 -0.29% -
1913 0% -
1912 0.12% -
1911 0.39% -
1910 0.39% -
1909 0.37% -
1908 -0.15% -
1907 0.41% -
1906 0.23% -
1905 0.11% -
1904 -0.13% -
1903 -0.02% -
1902 0.16% -
1901 1.46% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

In 2025, Australia's government deficit, the difference between spending and revenue, was $50B, equivalent to 2.78% of GDP. This compares to Uzbekistan's deficit of $2.43B, or 1.66% of GDP.

Over the past 34 years, Australia recorded a fiscal deficit in 26 of those years, while Uzbekistan ran a deficit in 21 years. On average, Australia posted an annual deficit equal to 2.04% of GDP, compared to deficit of 0.83% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Australia

Uzbekistan
1x
Year Consumer prices inflation
Australia Uzbekistan
2025 2.87% 8.8%
2024 3.17% 9.6%
2023 5.6% 10%
2022 6.59% 11.4%
2021 2.86% 10.8%
2020 0.85% 12.9%
2019 1.61% 14.5%
2018 1.91% 17.5%
2017 1.95% 13.9%
2016 1.28% 8.8%
2015 1.51% 8.5%
2014 2.49% 9.1%
2013 2.45% 11.7%
2012 1.76% 11.9%
2011 3.3% 12.4%
2010 2.92% 12.3%
2009 1.77% 12.3%
2008 4.35% 13.1%
2007 2.33% 11.2%
2006 3.56% 13.1%
2005 2.69% 10.7%
2004 2.34% 7.3%
2003 2.73% 12.5%
2002 2.98% 27.3%
2001 4.41% 27.3%
2000 4.46% 25%
1999 1.48% 29.1%
1998 0.86% 29%
1997 0.22% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

Over the past 29 years, Australia has recorded an average annual inflation rate of 2.67%, compared with 16.3% in Uzbekistan. In 2025, inflation was 2.87% in Australia and 8.8% in Uzbekistan.

Top exports between countries

Australia
Export category Export value
Raw materials & minerals $11M
Animal & marine products $680K
Machinery & equipment $556K
Chemicals & pharma $477K
Processed food, beverages & tobacco $114K
Textiles & consumer goods $72K
Miscellaneous $34K
Wood & paper products $16K
Metals $10K
Precious metals & jewellery $5K
Uzbekistan
Export category Export value
Raw materials & minerals $117K
Raw agricultural goods $106K
Machinery & equipment $54K
Textiles & consumer goods $34K
Processed food, beverages & tobacco $19K
Manufacturing & construction services $16K
Animal & marine products $6K
Metals $6K
Chemicals & pharma $3K

Balance of trade

Australia Uzbekistan
Current account balance
-$48.2B
2025
-$5.78B
2025
Current account balance ranking
187/190
2025
167/190
2025
Current account balance, % of GDP
-2.68%
2025
-3.93%
2025
Goods imports
$309B
2025
$38.5B
2025
Goods exports
$337B
2025
$23B
2025
Service imports
$116B
2025
$13.6B
2025
Service exports
$91.6B
2025
$9.27B
2025
Imports of goods and services, % of GDP
22.7%
2025
35.4%
2025
Exports of goods and services, % of GDP
23.2%
2025
22%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Australia Uzbekistan
Economic freedom 80.1 60.3
Economic freedom ranking 5/197 94/197
Property rights 88.2 43.1
Government integrity 88.1 32
Judicial effectiveness 96.3 13.7
Tax burden 61.8 95
Government spending 56.6 73.7
Fiscal health 89 79.9
Business freedom 92.3 62.5
Labor freedom 61.5 48.4
Monetary freedom 77.2 65.1
Trade freedom 89.8 80.6
Investment freedom 80 70
Financial freedom 80 60

Economic freedom comparison by year

Australia
Uzbekistan
1x
Year Economic freedom index
Australia Uzbekistan
2026 80.1 60.3
2025 79.3 58
2024 76.2 55.9
2023 74.8 56.5
2022 77.7 55.7
2021 82.4 58.3
2020 82.6 57.2
2019 80.9 53.3
2018 80.9 51.5
2017 81 52.3
2016 80.3 46
2015 81.4 47
2014 82 46.5
2013 82.6 46
2012 83.1 45.8
2011 82.5 45.8
2010 82.6 47.5
2009 82.6 50.5
2008 82.2 51.9
2007 81.1 51.5
2006 79.9 48.7
2005 79 45.8
2004 77.9 39.1
2003 77.4 38.3
2002 77.3 38.5
2001 77.4 38.2
2000 77.1 38.1
1999 76.4 33.8
1998 75.6 31.5
1997 75.5 -
1996 74 -
1995 74.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Uzbekistan
Services, % of GDP
67.5%
2025
46.5%
2025
Industry, % of GDP
23.9%
2025
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
16.6%
2025
GNI, Atlas method
$1.77T
2025
$136B
2025
GNI per capita, PPP
$69,930
2025
$13,640
2025
Total reserves including gold
$72.6B
2025
$41.2B
2024
Total reserves ranking
37/177
2025
53/177
2024
Net foreign direct investment
-$41.1B
2025
-$4.24B
2025
Net inflows of foreign direct investment
$53.7B
2024
$2.97B
2024
Net outflows of foreign direct investment
$13.9B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.37%
2024
Poverty at national poverty lines n/a
5.8%
2025
Gross capital formation, % of GDP
24.5%
2025
33.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2013–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.