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Economy of Germany vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.69T compared to $115B for Uzbekistan, ranking 3/197 and 66/197 by economy size, respectively.

Germany has $2.97T in government debt (63.5% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Germany vs Uzbekistan GDP by year

Germany
Uzbekistan
1x
Year GDP, current $
Germany Uzbekistan
2024 $4,685,592,577,805 $114,965,293,467
2023 $4,562,207,532,490 $102,641,879,249
2022 $4,201,021,706,479 $90,095,926,567
2021 $4,355,251,953,411 $77,340,060,003
2020 $3,941,398,957,074 $66,443,265,418
2019 $3,959,894,794,039 $67,293,639,798
2018 $4,055,433,215,302 $58,695,899,092
2017 $3,765,351,626,106 $69,703,222,283
2016 $3,536,787,895,179 $86,138,288,644
2015 $3,425,099,578,746 $86,196,264,755
2014 $3,964,870,735,761 $80,845,385,809
2013 $3,807,023,797,051 $73,180,037,915
2012 $3,596,483,233,406 $67,517,349,212
2011 $3,823,575,803,794 $60,178,909,297
2010 $3,467,093,769,667 $49,765,676,402
2009 $3,478,545,516,684 $33,689,223,673
2008 $3,808,197,720,125 $29,549,438,884
2007 $3,484,056,680,855 $22,311,393,928
2006 $3,046,308,753,671 $17,330,833,853
2005 $2,893,393,187,362 $14,307,509,839
2004 $2,852,317,768,062 $12,030,023,548
2003 $2,534,715,518,349 $10,134,453,435
2002 $2,102,350,798,306 $9,687,788,513
2001 $1,966,381,496,642 $11,401,421,329
2000 $1,966,980,701,145 $13,760,513,969
1999 $2,213,873,468,587 $17,078,465,982
1998 $2,247,760,364,566 $14,988,971,211
1997 $2,218,790,886,533 $14,744,603,774
1996 $2,506,576,553,158 $13,948,892,216
1995 $2,593,053,091,306 $13,350,461,265
1994 $2,215,282,632,277 $12,899,074,922
1993 $2,078,954,217,438 $13,099,920,056
1992 $2,141,377,582,968 $12,953,801,760
1991 $1,875,792,575,133 $13,800,167,712
1990 $1,778,162,195,860 $13,362,340,338
1989 $1,404,092,925,205 $11,948,815,258
1988 $1,406,367,016,372 $10,722,799,639
1987 $1,302,932,318,825 $8,523,160,593
1986 $1,050,092,624,516 -
1985 $735,218,723,093 -
1984 $727,767,760,979 -
1983 $773,507,930,295 -
1982 $779,421,633,755 -
1981 $803,404,797,058 -
1980 $953,772,499,462 -
1979 $884,574,218,333 -
1978 $743,182,891,918 -
1977 $602,698,323,086 -
1976 $521,658,712,133 -
1975 $492,434,094,920 -
1974 $446,934,971,657 -
1973 $399,833,571,167 -
1972 $300,899,944,795 -
1971 $250,900,942,397 -
1970 $216,629,229,947 -
1969 $177,733,486,326 -
1968 $156,527,292,653 -
1967 $145,100,667,773 -
1966 $143,304,275,684 -
1965 $134,774,688,191 -
1964 $123,330,404,665 -
1963 $112,232,503,744 -
1962 $105,895,435,234 -
1961 $96,558,204,043 -
1960 $84,619,845,881 -

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

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

GDP per capita in Germany vs Uzbekistan by year

Germany
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $56,104 $73,552 $3,162 $11,879
2023 $54,777 $71,684 $2,879 $11,107
2022 $50,507 $69,049 $2,579 $10,293
2021 $52,349 $62,531 $2,259 $9,248
2020 $47,395 $58,686 $1,978 $8,452
2019 $47,656 $59,271 $2,041 $8,544
2018 $48,916 $56,273 $1,813 $8,129
2017 $45,554 $54,110 $2,191 $7,818
2016 $42,949 $51,570 $2,753 $6,919
2015 $41,930 $48,545 $2,803 $6,800
2014 $48,960 $47,939 $2,675 $6,610
2013 $47,207 $45,889 $2,462 $6,413
2012 $44,718 $44,229 $2,307 $6,168
2011 $47,631 $43,398 $2,088 $5,949
2010 $42,397 $39,726 $1,753 $5,505
2009 $42,472 $37,574 $1,206 $5,135
2008 $46,379 $38,444 $1,075 $4,800
2007 $42,351 $36,914 $824 $4,386
2006 $36,980 $34,741 $649 $3,956
2005 $35,084 $32,314 $543 $3,618
2004 $34,567 $31,753 $462 $3,321
2003 $30,711 $30,301 $394 $3,047
2002 $25,487 $29,514 $381 $2,902
2001 $23,878 $28,674 $454 $2,782
2000 $23,926 $27,474 $555 $2,644
1999 $26,965 $26,518 $698 $2,522
1998 $27,396 $25,446 $621 $2,418
1997 $27,047 $24,649 $621 $2,329
1996 $30,600 $24,169 $597 $2,214
1995 $31,747 $23,631 $583 $2,178
1994 $27,202 $22,869 $574 $2,197
1993 $25,617 $21,900 $596 $2,318
1992 $26,560 $21,746 $603 $2,371
1991 $23,443 $21,001 $658 $2,676
1990 $22,386 $19,468 $653 $2,665
1989 $17,829 - $598 -
1988 $17,997 - $551 -
1987 $16,739 - $450 -
1986 $13,511 - - -
1985 $9,464 - - -
1984 $9,347 - - -
1983 $9,900 - - -
1982 $9,950 - - -
1981 $10,246 - - -
1980 $12,183 - - -
1979 $11,322 - - -
1978 $9,517 - - -
1977 $7,711 - - -
1976 $6,659 - - -
1975 $6,259 - - -
1974 $5,660 - - -
1973 $5,065 - - -
1972 $3,824 - - -
1971 $3,204 - - -
1970 $2,771 - - -
1969 $2,281 - - -
1968 $2,025 - - -
1967 $1,886 - - -
1966 $1,871 - - -
1965 $1,774 - - -
1964 $1,637 - - -
1963 $1,502 - - -
1962 $1,431 - - -
1961 $1,316 - - -
1960 $1,162 - - -

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

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

Germany's GDP per capita is $56,104, ranking 19/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Germany Uzbekistan
Gross domestic product
$4.69T
2024
$115B
2024
GDP rank
3/197
2024
66/197
2024
GDP growth
-0.5%
2023-2024
6.5%
2023-2024
GDP per capita
$56,104
2024
$3,162
2024
GDP per capita rank
19/197
2024
139/197
2024
GDP per capita, PPP
$73,552
2024
$11,879
2024
GDP per capita PPP rank
20/197
2024
125/197
2024
Government debt
$2.97T
2024
$37.5B
2024
Debt-to-GDP ratio
63.5%
2024
32.7%
2024
Government debt per person
$35,606
2024
$1,032
2024
Government debt per person rank
21/185
2024
141/185
2024
Average annual personal income after taxes
$41,775
2026
$3,658
2026
Market capitalization of domestic companies
$2.04T
2024
$18.8B
2024
Number of millionaires
2,675,000
2025
n/a
Number of billionaires
171
2025
n/a
Income share by richest 10%
25%
2020
25.7%
2024
Income share by poorest 10%
2.9%
2020
2.3%
2024
Government expenditure, % of GDP
49.4%
2024
27.6%
2024
Consumer prices inflation
2.26%
2023-2024
9.6%
2023-2024
Central bank interest rate n/a
14%
2025
Unemployment rate
3.37%
2024
5.29%
2020
Population
82575542
37939105

Spending and national debt comparison by year

Germany
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Germany Uzbekistan
Government spending Government debt Government spending Government debt
2024 49.4% 63.5% 27.6% 32.7%
2023 48.1% 62.4% 29.9% 32.2%
2022 48.6% 64.4% 31.3% 30.5%
2021 50.7% 68% 27.4% 31.7%
2020 51.1% 68% 26% 33.7%
2019 45.5% 58.7% 24.4% 25.4%
2018 44.7% 60.8% 22.2% 17.5%
2017 44.5% 64% 19.9% 17.3%
2016 44.7% 68.3% 23.3% 8.19%
2015 44.5% 71.2% 24.6% 6.72%
2014 44.5% 74.5% 24.9% 6.09%
2013 45.2% 77.5% 25.2% 6.23%
2012 45.1% 79.8% 23.9% 6.76%
2011 45.3% 78.5% 23.7% 6.33%
2010 48.1% 81% 26.4% 6.61%
2009 48.3% 72.4% 27.5% 7.3%
2008 44.4% 65.2% 26.5% 8.33%
2007 43.5% 63.7% 24.8% 9.56%
2006 45.3% 66.4% 24.7% 13.5%
2005 46.9% 67.1% 28.1% 21%
2004 47% 65% 29.4% 26.9%
2003 48.5% 63.3% 31.5% 31.4%
2002 48.2% 59.8% 34.6% 41.6%
2001 47.7% 58.1% 30.6% 44.8%
2000 48.1% 59.2% 32.9% 29.5%
1999 48.5% 60.3% 33.6% 18.4%
1998 48.3% 59.4% 35.1% 18%
1997 48.8% 58.8% 31.8% 15.3%
1996 49.6% 57.7% 35.1% -
1995 55.2% 54.9% 29.4% -
1994 48.3% 47.5% 27.1% -
1993 48.3% 45.1% 39.6% -
1992 47.4% 41.4% 18% -
1991 46.5% 39% - -
1990 44.7% 40.7% - -
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-02-20).

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

In 2024, Germany's government spending was $2.32T, accounting for 49.4% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 63.5% in Germany and 32.7% in Uzbekistan, ranking 72/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Germany Uzbekistan
2024 -2.66% -2.37%
2023 -2.49% -4.03%
2022 -1.91% -3.65%
2021 -3.17% -4.1%
2020 -4.38% -2.95%
2019 1.33% -0.3%
2018 1.88% 1.64%
2017 1.34% 1.04%
2016 1.13% 0.7%
2015 0.91% -0.28%
2014 0.73% 1.9%
2013 0.12% 2.15%
2012 -0.05% 5.89%
2011 -0.84% 5.11%
2010 -4.42% 2.56%
2009 -3.18% 1.82%
2008 -0.26% 5.97%
2007 0.15% 3.55%
2006 -1.76% 2.72%
2005 -3.37% -3.52%
2004 -3.42% -3.74%
2003 -3.83% -4.87%
2002 -4.09% -6.31%
2001 -3.12% -3.28%
2000 -1.71% -3.66%
1999 -1.87% -2.91%
1998 -2.65% -3.04%
1997 -3.03% -2.05%
1996 -3.64% -1.57%
1995 -9.44% -1.77%
1994 -2.54% -4.47%
1993 -3.11% -12%
1992 -2.63% 7.15%
1991 -3.21% -
1990 -1.94% -
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Germany's government deficit, the difference between spending and revenue, was $125B, equivalent to 2.66% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Germany recorded a fiscal deficit in 25 of those years, while Uzbekistan ran a deficit in 20 years. On average, Germany posted an annual deficit equal to 2% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Germany

Uzbekistan
1x
Year Consumer prices inflation
Germany Uzbekistan
2024 2.26% 9.6%
2023 5.95% 10%
2022 6.87% 11.4%
2021 3.07% 10.8%
2020 0.14% 12.9%
2019 1.45% 14.5%
2018 1.73% 17.5%
2017 1.51% 13.9%
2016 0.49% 8.8%
2015 0.51% 8.5%
2014 0.91% 9.1%
2013 1.5% 11.7%
2012 2.01% 11.9%
2011 2.08% 12.4%
2010 1.1% 12.3%
2009 0.31% 12.3%
2008 2.63% 13.1%
2007 2.3% 11.2%
2006 1.58% 13.1%
2005 1.55% 10.7%
2004 1.67% 7.3%
2003 1.03% 12.5%
2002 1.42% 27.3%
2001 1.98% 27.3%
2000 1.44% 25%
1999 0.59% 29.1%
1998 0.91% 29%
1997 1.94% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Germany has recorded an average annual inflation rate of 1.82%, compared with 16.6% in Uzbekistan. In 2024, inflation was 2.26% in Germany and 9.6% in Uzbekistan.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $749M
Chemicals & pharma $193M
Miscellaneous $59.6M
Raw materials & minerals $45.2M
Processed food, beverages & tobacco $42.8M
Textiles & consumer goods $40.6M
Wood & paper products $18.9M
Metals $14.4M
Animal & marine products $5.65M
Raw agricultural goods $4.52M
Uzbekistan
Export category Export value
Textiles & consumer goods $52.9M
Raw materials & minerals $12.6M
Raw agricultural goods $11.5M
Machinery & equipment $4.88M
Metals $4.26M
Precious metals & jewellery $3.87M
Processed food, beverages & tobacco $899K
Manufacturing & construction services $803K
Chemicals & pharma $797K
Animal & marine products $422K

Balance of trade

Germany Uzbekistan
Current account balance
$270B
2024
-$5.71B
2024
Current account balance ranking
2/190
2024
169/190
2024
Current account balance, % of GDP
+5.77%
2024
-4.97%
2024
Goods imports
$1.21T
2024
$33.2B
2024
Goods exports
$1.47T
2024
$19.6B
2024
Service imports
$548B
2024
$10.5B
2024
Service exports
$470B
2024
$6.55B
2024
Imports of goods and services, % of GDP
37.7%
2024
38%
2024
Exports of goods and services, % of GDP
41.4%
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.

Germany Uzbekistan
Economic freedom 71.7 60.3
Economic freedom ranking 30/197 94/197
Property rights 95.5 43.1
Government integrity 84.5 32
Judicial effectiveness 94.6 13.7
Tax burden 60.5 95
Government spending 28.8 73.7
Fiscal health 83.1 79.9
Business freedom 79.8 62.5
Labor freedom 52.2 48.4
Monetary freedom 72.5 65.1
Trade freedom 79.4 80.6
Investment freedom 60 70
Financial freedom 70 60

Economic freedom comparison by year

Germany
Uzbekistan
1x
Year Economic freedom index
Germany Uzbekistan
2026 71.7 60.3
2025 71.6 58
2024 72.1 55.9
2023 73.7 56.5
2022 76.1 55.7
2021 72.5 58.3
2020 73.5 57.2
2019 73.5 53.3
2018 74.2 51.5
2017 73.8 52.3
2016 74.4 46
2015 73.8 47
2014 73.4 46.5
2013 72.8 46
2012 71 45.8
2011 71.8 45.8
2010 71.1 47.5
2009 70.5 50.5
2008 70.6 51.9
2007 70.8 51.5
2006 70.8 48.7
2005 68.1 45.8
2004 69.5 39.1
2003 69.7 38.3
2002 70.4 38.5
2001 69.5 38.2
2000 65.7 38.1
1999 65.6 33.8
1998 64.3 31.5
1997 67.5 -
1996 69.1 -
1995 69.8 -

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

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

The Economic Freedom Index for Germany is 71.7, ranking 30/197, 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

Germany Uzbekistan
Services, % of GDP
64%
2024
45.2%
2024
Industry, % of GDP
25.6%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.91%
2024
18.3%
2024
GNI, Atlas method
$4.6T
2024
$110B
2024
GNI per capita, PPP
$76,180
2024
$12,000
2024
Total reserves including gold
$378B
2024
$41.2B
2024
Total reserves ranking
10/177
2024
50/177
2024
Net foreign direct investment
$32.6B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$47.6B
2024
$2.99B
2024
Net outflows of foreign direct investment
$80.2B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines
14.8%
2021
8.9%
2024
Gross capital formation, % of GDP
21.5%
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/germany/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 (1991–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  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)

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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.