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Economy of China vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $115B for Uzbekistan, ranking 2/197 and 66/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

China vs Uzbekistan GDP by year

China
Uzbekistan
1x
Year GDP, current $
China Uzbekistan
2024 $18,743,803,170,827 $114,965,293,467
2023 $18,270,356,654,533 $102,641,879,249
2022 $18,316,765,021,690 $90,095,926,567
2021 $18,201,698,719,564 $77,340,060,003
2020 $14,996,414,166,715 $66,443,265,418
2019 $14,560,167,101,283 $67,293,639,798
2018 $14,147,765,772,964 $58,695,899,092
2017 $12,537,559,062,283 $69,703,222,283
2016 $11,456,024,084,962 $86,138,288,644
2015 $11,280,814,787,469 $86,196,264,755
2014 $10,674,533,168,257 $80,845,385,809
2013 $9,743,124,247,267 $73,180,037,915
2012 $8,673,664,713,189 $67,517,349,212
2011 $7,671,757,207,851 $60,178,909,297
2010 $6,192,564,874,453 $49,765,676,402
2009 $5,189,577,094,998 $33,689,223,673
2008 $4,667,346,414,522 $29,549,438,884
2007 $3,604,055,822,572 $22,311,393,928
2006 $2,791,498,472,804 $17,330,833,853
2005 $2,317,551,298,052 $14,307,509,839
2004 $1,984,196,551,300 $12,030,023,548
2003 $1,683,903,309,844 $10,134,453,435
2002 $1,489,821,682,051 $9,687,788,513
2001 $1,355,036,590,252 $11,401,421,329
2000 $1,223,754,919,971 $13,760,513,969
1999 $1,103,843,203,576 $17,078,465,982
1998 $1,037,134,141,760 $14,988,971,211
1997 $967,753,570,435 $14,744,603,774
1996 $868,523,936,530 $13,948,892,216
1995 $738,190,896,228 $13,350,461,265
1994 $566,929,539,493 $12,899,074,922
1993 $446,557,291,212 $13,099,920,056
1992 $428,502,354,788 $12,953,801,760
1991 $384,510,452,962 $13,800,167,712
1990 $361,560,229,446 $13,362,340,338
1989 $348,380,566,802 $11,948,815,258
1988 $312,888,888,889 $10,722,799,639
1987 $273,455,156,951 $8,523,160,593
1986 $301,310,144,928 -
1985 $310,064,625,850 -
1984 $260,442,857,143 -
1983 $231,130,268,199 -
1982 $205,480,916,031 -
1981 $196,218,253,968 -
1980 $191,487,500,000 -
1979 $178,573,913,043 -
1978 $149,788,617,886 -
1977 $175,226,595,860 -
1976 $154,196,810,059 -
1975 $163,687,619,736 -
1974 $144,418,433,058 -
1973 $138,764,340,892 -
1972 $113,871,930,714 -
1971 $99,959,013,880 -
1970 $92,752,930,873 -
1969 $79,847,786,729 -
1968 $70,980,323,819 -
1967 $73,011,350,596 -
1966 $76,854,053,259 -
1965 $70,565,994,356 -
1964 $59,821,862,703 -
1963 $50,812,227,919 -
1962 $47,310,737,754 -
1961 $50,162,299,350 -
1960 $59,846,235,025 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in China vs Uzbekistan by year

China
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $3,162 $11,879
2023 $12,951 $25,179 $2,879 $11,107
2022 $12,971 $23,032 $2,579 $10,293
2021 $12,887 $20,843 $2,259 $9,248
2020 $10,627 $18,267 $1,978 $8,452
2019 $10,343 $17,601 $2,041 $8,544
2018 $10,086 $16,298 $1,813 $8,129
2017 $8,980 $15,022 $2,191 $7,818
2016 $8,255 $14,157 $2,753 $6,919
2015 $8,175 $13,463 $2,803 $6,800
2014 $7,781 $12,942 $2,675 $6,610
2013 $7,147 $12,228 $2,462 $6,413
2012 $6,405 $11,420 $2,307 $6,168
2011 $5,704 $10,457 $2,088 $5,949
2010 $4,629 $9,411 $1,753 $5,505
2009 $3,898 $8,448 $1,206 $5,135
2008 $3,523 $7,713 $1,075 $4,800
2007 $2,735 $6,935 $824 $4,386
2006 $2,129 $5,946 $649 $3,956
2005 $1,778 $5,148 $543 $3,618
2004 $1,531 $4,505 $462 $3,321
2003 $1,307 $4,007 $394 $3,047
2002 $1,164 $3,591 $381 $2,902
2001 $1,065 $3,258 $454 $2,782
2000 $969 $2,964 $555 $2,644
1999 $881 $2,690 $698 $2,522
1998 $835 $2,483 $621 $2,418
1997 $787 $2,297 $621 $2,329
1996 $713 $2,088 $597 $2,214
1995 $613 $1,884 $583 $2,178
1994 $476 $1,680 $574 $2,197
1993 $379 $1,471 $596 $2,318
1992 $368 $1,276 $603 $2,371
1991 $334 $1,105 $658 $2,676
1990 $319 $991 $653 $2,665
1989 $311 - $598 -
1988 $284 - $551 -
1987 $252.3 - $450 -
1986 $282.4 - - -
1985 $295 - - -
1984 $251.2 - - -
1983 $225.9 - - -
1982 $203.7 - - -
1981 $197.4 - - -
1980 $195.1 - - -
1979 $184.3 - - -
1978 $156.7 - - -
1977 $185.7 - - -
1976 $165.7 - - -
1975 $178.6 - - -
1974 $160.4 - - -
1973 $157.3 - - -
1972 $132.1 - - -
1971 $118.8 - - -
1970 $113.3 - - -
1969 $100.3 - - -
1968 $91.6 - - -
1967 $96.8 - - -
1966 $104.5 - - -
1965 $98.7 - - -
1964 $85.7 - - -
1963 $74.5 - - -
1962 $71.1 - - -
1961 $76 - - -
1960 $89.7 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

China's GDP per capita is $13,303, ranking 76/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Uzbekistan ranks 125th at $11,879.

Economic indicators

China Uzbekistan
Gross domestic product
$18.7T
2024
$115B
2024
GDP rank
2/197
2024
66/197
2024
GDP growth
4.98%
2023-2024
6.5%
2023-2024
GDP per capita
$13,303
2024
$3,162
2024
GDP per capita rank
76/197
2024
139/197
2024
GDP per capita, PPP
$27,105
2024
$11,879
2024
GDP per capita PPP rank
77/197
2024
125/197
2024
Government debt
$16.6T
2024
$37.5B
2024
Debt-to-GDP ratio
88.3%
2024
32.7%
2024
Government debt per person
$11,749
2024
$1,032
2024
Government debt per person rank
47/185
2024
141/185
2024
Average annual personal income after taxes
$9,826
2026
$3,658
2026
Market capitalization of domestic companies
$11.8T
2024
$18.8B
2024
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
25.7%
2024
Income share by poorest 10%
3.1%
2022
2.3%
2024
Government expenditure, % of GDP
32.9%
2024
27.6%
2024
Consumer prices inflation
0.2%
2023-2024
9.6%
2023-2024
Central bank interest rate
3.1%
2024
14%
2025
Unemployment rate
5.11%
2021
5.29%
2020
Population
1402578808
37939105

Spending and national debt comparison by year

China
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
China Uzbekistan
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 27.6% 32.7%
2023 32.7% 82% 29.9% 32.2%
2022 32.6% 75.5% 31.3% 30.5%
2021 31.9% 70.1% 27.4% 31.7%
2020 34.8% 69% 26% 33.7%
2019 33.6% 59.4% 24.4% 25.4%
2018 32.6% 55.6% 22.2% 17.5%
2017 32% 53.9% 19.9% 17.3%
2016 31.7% 49.7% 23.3% 8.19%
2015 31% 40.8% 24.6% 6.72%
2014 28.4% 39.3% 24.9% 6.09%
2013 28.1% 36.4% 25.2% 6.23%
2012 27.7% 33.8% 23.9% 6.76%
2011 26.6% 33.2% 23.7% 6.33%
2010 24.7% 33.3% 26.4% 6.61%
2009 25.2% 34% 27.5% 7.3%
2008 22.2% 26.7% 26.5% 8.33%
2007 17.9% 28.7% 24.8% 9.56%
2006 18.1% 25.2% 24.7% 13.5%
2005 18% 25.9% 28.1% 21%
2004 17.6% 26% 29.4% 26.9%
2003 18% 26.4% 31.5% 31.4%
2002 18.2% 25.6% 34.6% 41.6%
2001 17.2% 24.3% 30.6% 44.8%
2000 16.1% 22.7% 32.9% 29.5%
1999 14.9% 21.6% 33.6% 18.4%
1998 12.6% 20.4% 35.1% 18%
1997 11.5% 20.4% 31.8% 15.3%
1996 11% 21.2% 35.1% -
1995 11.1% 21.4% 29.4% -
1994 12.4% - 27.1% -
1993 13.4% - 39.6% -
1992 14.6% - 18% -
1991 16.5% - - -
1990 18.2% - - -
1989 18.6% - - -
1988 20.9% 4.46% - -
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

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

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 88.3% in China and 32.7% in Uzbekistan, ranking 34/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
China

Uzbekistan
1x
Year Deficit/surplus, % of GDP
China Uzbekistan
2024 -7.34% -2.37%
2023 -6.71% -4.03%
2022 -7.32% -3.65%
2021 -5.9% -4.1%
2020 -9.56% -2.95%
2019 -6% -0.3%
2018 -4.2% 1.64%
2017 -3.34% 1.04%
2016 -3.33% 0.7%
2015 -2.5% -0.28%
2014 -0.67% 1.9%
2013 -0.82% 2.15%
2012 -0.3% 5.89%
2011 -0.1% 5.11%
2010 -0.36% 2.56%
2009 -1.72% 1.82%
2008 -0.02% 5.97%
2007 0.06% 3.55%
2006 -1.13% 2.72%
2005 -1.38% -3.52%
2004 -1.49% -3.74%
2003 -2.36% -4.87%
2002 -2.84% -6.31%
2001 -2.56% -3.28%
2000 -2.81% -3.66%
1999 -2.3% -2.91%
1998 -1.08% -3.04%
1997 -0.73% -2.05%
1996 -0.73% -1.57%
1995 -0.94% -1.77%
1994 -1.68% -4.47%
1993 -0.89% -12%
1992 -1.22% 7.15%
1991 -1.04% -
1990 -0.72% -
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

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

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, China recorded a fiscal deficit in 32 of those years, while Uzbekistan ran a deficit in 20 years. On average, China posted an annual deficit equal to 2.55% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
China

Uzbekistan
1x
Year Consumer prices inflation
China Uzbekistan
2024 0.2% 9.6%
2023 0.2% 10%
2022 2% 11.4%
2021 0.9% 10.8%
2020 2.5% 12.9%
2019 2.9% 14.5%
2018 2.1% 17.5%
2017 1.6% 13.9%
2016 2% 8.8%
2015 1.5% 8.5%
2014 2% 9.1%
2013 2.7% 11.7%
2012 2.6% 11.9%
2011 5.4% 12.4%
2010 3.3% 12.3%
2009 -0.7% 12.3%
2008 5.9% 13.1%
2007 4.7% 11.2%
2006 1.5% 13.1%
2005 1.8% 10.7%
2004 3.9% 7.3%
2003 1.1% 12.5%
2002 -0.8% 27.3%
2001 0.7% 27.3%
2000 0.4% 25%
1999 -1.4% 29.1%
1998 -0.8% 29%
1997 2.8% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 16.6% in Uzbekistan. In 2024, inflation was 0.2% in China and 9.6% in Uzbekistan.

Top exports between countries

China
Export category Export value
Machinery & equipment $7.46B
Textiles & consumer goods $1.44B
Metals $1.13B
Chemicals & pharma $869M
Raw materials & minerals $398M
Raw agricultural goods $183M
Wood & paper products $165M
Miscellaneous $76.7M
Processed food, beverages & tobacco $38.6M
Precious metals & jewellery $4.96M
Uzbekistan
Export category Export value
Metals $806M
Textiles & consumer goods $605M
Raw agricultural goods $246M
Animal & marine products $123M
Chemicals & pharma $45.2M
Machinery & equipment $39.6M
Raw materials & minerals $31.5M
Processed food, beverages & tobacco $3.56M
Government & miscellaneous services $1.62M
Manufacturing & construction services $175K

Balance of trade

China Uzbekistan
Current account balance
$424B
2024
-$5.71B
2024
Current account balance ranking
1/190
2024
169/190
2024
Current account balance, % of GDP
+2.26%
2024
-4.97%
2024
Goods imports
$2.64T
2024
$33.2B
2024
Goods exports
$3.41T
2024
$19.6B
2024
Service imports
$613B
2024
$10.5B
2024
Service exports
$384B
2024
$6.55B
2024
Imports of goods and services, % of GDP
17.2%
2024
38%
2024
Exports of goods and services, % of GDP
20%
2024
22.8%
2024

Economic freedom indices

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

China Uzbekistan
Economic freedom 48.3 60.3
Economic freedom ranking 170/197 94/197
Property rights 40.9 43.1
Government integrity 42.3 32
Judicial effectiveness 38.6 13.7
Tax burden 69.3 95
Government spending 67.8 73.7
Fiscal health 4.4 79.9
Business freedom 68.7 62.5
Labor freedom 57.9 48.4
Monetary freedom 76.1 65.1
Trade freedom 73.4 80.6
Investment freedom 20 70
Financial freedom 20 60

Economic freedom comparison by year

China
Uzbekistan
1x
Year Economic freedom index
China Uzbekistan
2026 48.3 60.3
2025 49 58
2024 48.5 55.9
2023 48.3 56.5
2022 48 55.7
2021 58.4 58.3
2020 59.5 57.2
2019 58.4 53.3
2018 57.8 51.5
2017 57.4 52.3
2016 52 46
2015 52.7 47
2014 52.5 46.5
2013 51.9 46
2012 51.2 45.8
2011 52 45.8
2010 51 47.5
2009 53.2 50.5
2008 53.1 51.9
2007 52 51.5
2006 53.6 48.7
2005 53.7 45.8
2004 52.5 39.1
2003 52.6 38.3
2002 52.8 38.5
2001 52.6 38.2
2000 56.4 38.1
1999 54.8 33.8
1998 53.1 31.5
1997 51.7 -
1996 51.3 -
1995 52 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for China is 48.3, ranking 170/197, 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

China Uzbekistan
Services, % of GDP
56.7%
2024
45.2%
2024
Industry, % of GDP
36.5%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
18.3%
2024
GNI, Atlas method
$19.3T
2024
$110B
2024
GNI per capita, PPP
$26,920
2024
$12,000
2024
Total reserves including gold
$3.46T
2024
$41.2B
2024
Total reserves ranking
1/177
2024
50/177
2024
Net foreign direct investment
$154B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$18.6B
2024
$2.99B
2024
Net outflows of foreign direct investment
$172B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
9.88%
2024
Poverty at national poverty lines
0%
2020
8.9%
2024
Gross capital formation, % of GDP
40.6%
2024
33.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.