Skip to content

Economy of Saudi Arabia vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Saudi Arabia has a GDP of $1.24T compared to $115B for Uzbekistan, ranking 18/197 and 66/197 by economy size, respectively.

Saudi Arabia has $324B in government debt (26.2% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Saudi Arabia vs Uzbekistan GDP by year

Saudi Arabia
Uzbekistan
1x
Year GDP, current $
Saudi Arabia Uzbekistan
2024 $1,239,804,533,333 $114,965,293,467
2023 $1,218,584,533,333 $102,641,879,249
2022 $1,239,075,200,000 $90,095,926,567
2021 $982,661,066,667 $77,340,060,003
2020 $767,951,200,000 $66,443,265,418
2019 $888,890,133,333 $67,293,639,798
2018 $886,564,800,000 $58,695,899,092
2017 $741,266,133,333 $69,703,222,283
2016 $689,279,466,667 $86,138,288,644
2015 $693,414,400,000 $86,196,264,755
2014 $787,153,066,667 $80,845,385,809
2013 $769,755,733,333 $73,180,037,915
2012 $751,921,333,333 $67,517,349,212
2011 $680,660,800,000 $60,178,909,297
2010 $528,207,466,667 $49,765,676,402
2009 $429,097,866,667 $33,689,223,673
2008 $519,796,800,000 $29,549,438,884
2007 $415,964,509,673 $22,311,393,928
2006 $376,900,133,511 $17,330,833,853
2005 $328,459,608,764 $14,307,509,839
2004 $258,742,133,333 $12,030,023,548
2003 $215,807,733,333 $10,134,453,435
2002 $189,605,866,667 $9,687,788,513
2001 $184,137,600,000 $11,401,421,329
2000 $189,514,933,333 $13,760,513,969
1999 $161,717,066,667 $17,078,465,982
1998 $146,775,466,667 $14,988,971,211
1997 $165,963,684,913 $14,744,603,774
1996 $158,662,483,311 $13,948,892,216
1995 $143,343,124,166 $13,350,461,265
1994 $135,174,899,866 $12,899,074,922
1993 $132,967,957,276 $13,099,920,056
1992 $137,087,850,467 $12,953,801,760
1991 $132,223,230,975 $13,800,167,712
1990 $117,630,173,565 $13,362,340,338
1989 $95,344,459,279 $11,948,815,258
1988 $88,256,074,766 $10,722,799,639
1987 $85,695,861,148 $8,523,160,593
1986 $86,961,922,765 -
1985 $103,897,846,494 -
1984 $119,624,858,116 -
1983 $129,171,635,311 -
1982 $153,240,313,858 -
1981 $184,291,360,139 -
1980 $164,539,660,725 -
1979 $111,858,444,786 -
1978 $80,266,516,687 -
1977 $74,188,986,586 -
1976 $64,005,665,722 -
1975 $46,773,208,643 -
1974 $45,412,957,746 -
1973 $14,947,435,499 -
1972 $9,664,267,087 -
1971 $7,184,806,909 -
1970 $5,377,333,333 -
1969 $4,485,777,644 -
1968 $4,187,777,711 -
1967 $3,257,022,223 -
1966 $2,920,555,557 -
1965 $2,647,955,558 -
1964 $2,371,808,713 -
1963 $2,207,393,172 -
1962 $2,130,606,532 -
1961 $1,920,811,284 -
1960 $1,748,124,064 -

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

GeoRank.org/economy/saudi-arabia/uzbekistan | CC BY

GDP per capita in Saudi Arabia vs Uzbekistan by year

Saudi Arabia
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saudi Arabia Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $35,122 $71,375 $3,162 $11,879
2023 $36,157 $71,565 $2,879 $11,107
2022 $38,510 $71,968 $2,579 $10,293
2021 $31,921 $62,690 $2,259 $9,248
2020 $24,339 $47,518 $1,978 $8,452
2019 $29,567 $59,560 $2,041 $8,544
2018 $29,360 $59,378 $1,813 $8,129
2017 $23,929 $53,120 $2,191 $7,818
2016 $22,268 $49,937 $2,753 $6,919
2015 $23,256 $53,931 $2,803 $6,800
2014 $27,805 $62,578 $2,675 $6,610
2013 $27,865 $62,203 $2,462 $6,413
2012 $28,733 $65,034 $2,307 $6,168
2011 $27,127 $64,125 $2,088 $5,949
2010 $22,028 $58,829 $1,753 $5,505
2009 $17,718 $54,787 $1,206 $5,135
2008 $22,320 $57,236 $1,075 $4,800
2007 $18,596 $55,030 $824 $4,386
2006 $17,564 $54,639 $649 $3,956
2005 $15,976 $53,548 $543 $3,618
2004 $13,154 $51,225 $462 $3,321
2003 $11,487 $48,078 $394 $3,047
2002 $10,586 $45,466 $381 $2,902
2001 $10,805 $47,381 $454 $2,782
2000 $11,715 $48,644 $555 $2,644
1999 $10,452 $47,495 $698 $2,522
1998 $9,836 $48,867 $621 $2,418
1997 $11,545 $48,796 $621 $2,329
1996 $11,472 $48,569 $597 $2,214
1995 $10,786 $48,052 $583 $2,178
1994 $10,602 $48,904 $574 $2,197
1993 $10,885 $49,503 $596 $2,318
1992 $11,730 $50,355 $603 $2,371
1991 $11,847 $49,295 $658 $2,676
1990 $11,055 $46,214 $653 $2,665
1989 $9,414 - $598 -
1988 $9,165 - $551 -
1987 $9,386 - $450 -
1986 $10,078 - - -
1985 $12,745 - - -
1984 $15,541 - - -
1983 $17,810 - - -
1982 $22,454 - - -
1981 $28,703 - - -
1980 $27,206 - - -
1979 $19,612 - - -
1978 $14,914 - - -
1977 $14,595 - - -
1976 $13,313 - - -
1975 $10,266 - - -
1974 $10,503 - - -
1973 $3,640 - - -
1972 $2,474 - - -
1971 $1,929 - - -
1970 $1,509 - - -
1969 $1,313 - - -
1968 $1,276 - - -
1967 $1,032 - - -
1966 $961 - - -
1965 $904 - - -
1964 $840 - - -
1963 $812 - - -
1962 $813 - - -
1961 $760 - - -
1960 $718 - - -

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

GeoRank.org/economy/saudi-arabia/uzbekistan | CC BY

Saudi Arabia's GDP per capita is $35,122, ranking 33/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Saudi Arabia ranks 24th at $71,375, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Saudi Arabia Uzbekistan
Gross domestic product
$1.24T
2024
$115B
2024
GDP rank
18/197
2024
66/197
2024
GDP growth
2%
2023-2024
6.5%
2023-2024
GDP per capita
$35,122
2024
$3,162
2024
GDP per capita rank
33/197
2024
139/197
2024
GDP per capita, PPP
$71,375
2024
$11,879
2024
GDP per capita PPP rank
24/197
2024
125/197
2024
Government debt
$324B
2024
$37.5B
2024
Debt-to-GDP ratio
26.2%
2024
32.7%
2024
Government debt per person
$9,185
2024
$1,032
2024
Government debt per person rank
58/185
2024
141/185
2024
Average annual personal income after taxes
$23,076
2026
$3,658
2026
Market capitalization of domestic companies
$2.73T
2024
$18.8B
2024
Number of millionaires
351,855
2025
n/a
Number of billionaires
15
2025
n/a
Income share by richest 10% n/a
25.7%
2024
Income share by poorest 10% n/a
2.3%
2024
Government expenditure, % of GDP
29.6%
2024
27.6%
2024
Consumer prices inflation
1.69%
2023-2024
9.6%
2023-2024
Central bank interest rate
4.25%
2025
14%
2025
Unemployment rate
3.52%
2024
5.29%
2020
Population
36734925
37939105

Spending and national debt comparison by year

Saudi Arabia
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Saudi Arabia Uzbekistan
Government spending Government debt Government spending Government debt
2024 29.6% 26.2% 27.6% 32.7%
2023 28.3% 23% 29.9% 32.2%
2022 25.3% 21.3% 31.3% 30.5%
2021 28.2% 25.5% 27.4% 31.7%
2020 37.4% 29.7% 26% 33.7%
2019 31.8% 20.3% 24.4% 25.4%
2018 32.4% 16.8% 22.2% 17.5%
2017 30.9% 15.9% 19.9% 17.3%
2016 33.3% 12.2% 23.3% 8.19%
2015 38.5% 5.47% 24.6% 6.72%
2014 38.6% 1.5% 24.9% 6.09%
2013 34.5% 2.08% 25.2% 6.23%
2012 32.5% 2.97% 23.9% 6.76%
2011 32.4% 5.31% 23.7% 6.33%
2010 33% 8.43% 26.4% 6.61%
2009 37.1% 14% 27.5% 7.3%
2008 26.7% 12.1% 26.5% 8.33%
2007 29.5% 17.1% 24.8% 9.56%
2006 27.3% 25.8% 24.7% 13.5%
2005 28.2% 37.3% 28.1% 21%
2004 31.1% 62.9% 29.4% 26.9%
2003 33.1% 81.6% 31.5% 31.4%
2002 35.9% 96.4% 34.6% 41.6%
2001 36.9% 93.1% 30.6% 44.8%
2000 33.1% 86.7% 32.9% 29.5%
1999 30.3% 103% 33.6% 18.4%
1998 34.5% 101.5% 35.1% 18%
1997 35.6% 76.7% 31.8% 15.3%
1996 33.3% 75.2% 35.1% -
1995 32.4% 74.2% 29.4% -
1994 33.8% 67.9% 27.1% -
1993 37.7% 58.6% 39.6% -
1992 41.2% 47.8% 18% -
1991 34.9% 39.4% - -
1990 39.3% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/saudi-arabia/uzbekistan | CC BY

In 2024, Saudi Arabia's government spending was $367B, accounting for 29.6% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 26.2% in Saudi Arabia and 32.7% in Uzbekistan, ranking 163/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Saudi Arabia

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Saudi Arabia Uzbekistan
2024 -2.49% -2.37%
2023 -1.77% -4.03%
2022 2.24% -3.65%
2021 -1.99% -4.1%
2020 -10.2% -2.95%
2019 -3.96% -0.3%
2018 -5.21% 1.64%
2017 -8.57% 1.04%
2016 -13.2% 0.7%
2015 -14.9% -0.28%
2014 -3.4% 1.9%
2013 5.47% 2.15%
2012 11.7% 5.89%
2011 11.4% 5.11%
2010 4.39% 2.56%
2009 -5.38% 1.82%
2008 29.8% 5.97%
2007 11.8% 3.55%
2006 20.8% 2.72%
2005 18% -3.52%
2004 9.72% -3.74%
2003 1.2% -4.87%
2002 -5.91% -6.31%
2001 -3.91% -3.28%
2000 3.18% -3.66%
1999 -5.99% -2.91%
1998 -8.88% -3.04%
1997 -2.51% -2.05%
1996 -3.25% -1.57%
1995 -5.12% -1.77%
1994 -8.31% -4.47%
1993 -9.33% -12%
1992 -8.12% 7.15%
1991 -3.28% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/saudi-arabia/uzbekistan | CC BY

In 2024, Saudi Arabia's government deficit, the difference between spending and revenue, was $30.9B, equivalent to 2.49% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Saudi Arabia recorded a fiscal deficit in 21 of those years, while Uzbekistan ran a deficit in 20 years. On average, Saudi Arabia posted an annual deficit equal to 0.08% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Saudi Arabia

Uzbekistan
1x
Year Consumer prices inflation
Saudi Arabia Uzbekistan
2024 1.69% 9.6%
2023 2.33% 10%
2022 2.47% 11.4%
2021 3.06% 10.8%
2020 3.37% 12.9%
2019 -1.19% 14.5%
2018 2.47% 17.5%
2017 -0.83% 13.9%
2016 2.05% 8.8%
2015 1.22% 8.5%
2014 2.24% 9.1%
2013 3.51% 11.7%
2012 2.87% 11.9%
2011 5.83% 12.4%
2010 5.34% 12.3%
2009 5.06% 12.3%
2008 9.87% 13.1%
2007 4.17% 11.2%
2006 2.21% 13.1%
2005 0.48% 10.7%
2004 0.52% 7.3%
2003 0.61% 12.5%
2002 0.25% 27.3%
2001 -1.12% 27.3%
2000 -1.12% 25%
1999 -1.33% 29.1%
1998 -0.37% 29%
1997 0.06% 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/saudi-arabia/uzbekistan | CC BY

Over the past 28 years, Saudi Arabia has recorded an average annual inflation rate of 1.99%, compared with 16.6% in Uzbekistan. In 2024, inflation was 1.69% in Saudi Arabia and 9.6% in Uzbekistan.

Top exports between countries

Saudi Arabia
Export category Export value
Precious metals & jewellery $22.9M
Chemicals & pharma $1.55M
Machinery & equipment $1.24M
Raw materials & minerals $769K
Metals $669K
Textiles & consumer goods $207K
Raw agricultural goods $200K
Processed food, beverages & tobacco $78K
Wood & paper products $23K
Miscellaneous $14K
Uzbekistan
Export category Export value
Raw materials & minerals $10.8M
Raw agricultural goods $3.26M
Textiles & consumer goods $2.68M
Machinery & equipment $1.7M
Processed food, beverages & tobacco $752K
Animal & marine products $352K
Metals $212K
Government & miscellaneous services $78K
Miscellaneous $31K
Manufacturing & construction services $9K

Balance of trade

Saudi Arabia Uzbekistan
Current account balance
-$16.3B
2024
-$5.71B
2024
Current account balance ranking
180/190
2024
169/190
2024
Current account balance, % of GDP
-1.31%
2024
-4.97%
2024
Goods imports
$214B
2024
$33.2B
2024
Goods exports
$306B
2024
$19.6B
2024
Service imports
$125B
2024
$10.5B
2024
Service exports
$62.8B
2024
$6.55B
2024
Imports of goods and services, % of GDP
25.6%
2024
38%
2024
Exports of goods and services, % of GDP
29.1%
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.

Saudi Arabia Uzbekistan
Economic freedom 65.4 60.3
Economic freedom ranking 65/197 94/197
Property rights 51.4 43.1
Government integrity 52.7 32
Judicial effectiveness 38.2 13.7
Tax burden 99.2 95
Government spending 77 73.7
Fiscal health 97.9 79.9
Business freedom 71.2 62.5
Labor freedom 41.8 48.4
Monetary freedom 81.2 65.1
Trade freedom 73.8 80.6
Investment freedom 50 70
Financial freedom 50 60

Economic freedom comparison by year

Saudi Arabia
Uzbekistan
1x
Year Economic freedom index
Saudi Arabia Uzbekistan
2026 65.4 60.3
2025 64.4 58
2024 61.9 55.9
2023 58.3 56.5
2022 55.5 55.7
2021 66 58.3
2020 62.4 57.2
2019 60.7 53.3
2018 59.6 51.5
2017 64.4 52.3
2016 62.1 46
2015 62.1 47
2014 62.2 46.5
2013 60.6 46
2012 62.5 45.8
2011 66.2 45.8
2010 64.1 47.5
2009 64.3 50.5
2008 62.5 51.9
2007 60.9 51.5
2006 63 48.7
2005 63 45.8
2004 60.4 39.1
2003 63.2 38.3
2002 65.3 38.5
2001 62.2 38.2
2000 66.5 38.1
1999 65.5 33.8
1998 69.3 31.5
1997 68.7 -
1996 68.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/saudi-arabia/uzbekistan | CC BY

The Economic Freedom Index for Saudi Arabia is 65.4, ranking 65/197, 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

Saudi Arabia Uzbekistan
Services, % of GDP
47.1%
2024
45.2%
2024
Industry, % of GDP
44.9%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
18.3%
2024
GNI, Atlas method
$1.26T
2024
$110B
2024
GNI per capita, PPP
$71,730
2024
$12,000
2024
Total reserves including gold
$464B
2024
$41.2B
2024
Total reserves ranking
7/177
2024
50/177
2024
Net foreign direct investment
$6.27B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$21.3B
2024
$2.99B
2024
Net outflows of foreign direct investment
$27.6B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines n/a
8.9%
2024
Gross capital formation, % of GDP
30.2%
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/saudi-arabia/uzbekistan | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.