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Economy of United Arab Emirates vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

The United Arab Emirates has a GDP of $552B compared to $115B for Uzbekistan, ranking 27/197 and 66/197 by economy size, respectively.

The United Arab Emirates has $193B in government debt (34.9% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

United Arab Emirates vs Uzbekistan GDP by year

United Arab Emirates
Uzbekistan
1x
Year GDP, current $
UAE Uzbekistan
2024 $552,324,846,835 $114,965,293,467
2023 $522,622,191,967 $102,641,879,249
2022 $511,403,403,676 $90,095,926,567
2021 $422,441,388,700 $77,340,060,003
2020 $357,161,878,829 $66,443,265,418
2019 $433,926,208,305 $67,293,639,798
2018 $440,560,108,918 $58,695,899,092
2017 $403,365,010,211 $69,703,222,283
2016 $381,717,086,453 $86,138,288,644
2015 $381,973,042,886 $86,196,264,755
2014 $424,935,874,745 $80,845,385,809
2013 $409,632,675,289 $73,180,037,915
2012 $392,793,464,942 $67,517,349,212
2011 $368,881,143,635 $60,178,909,297
2010 $307,736,419,333 $49,765,676,402
2009 $253,547,358,747 $33,689,223,673
2008 $315,474,615,739 $29,549,438,884
2007 $257,916,133,424 $22,311,393,928
2006 $222,116,541,865 $17,330,833,853
2005 $180,617,467,965 $14,307,509,839
2004 $147,824,370,320 $12,030,023,548
2003 $124,346,358,067 $10,134,453,435
2002 $109,816,201,498 $9,687,788,513
2001 $103,311,640,572 $11,401,421,329
2000 $104,337,372,362 $13,760,513,969
1999 $84,445,473,111 $17,078,465,982
1998 $75,674,336,283 $14,988,971,211
1997 $78,839,008,445 $14,744,603,774
1996 $73,571,233,996 $13,948,892,216
1995 $65,743,666,576 $13,350,461,265
1994 $59,305,093,980 $12,899,074,922
1993 $55,625,170,253 $13,099,920,056
1992 $54,239,171,888 $12,953,801,760
1991 $51,552,165,622 $13,800,167,712
1990 $50,701,443,748 $13,362,340,338
1989 $41,464,995,914 $11,948,815,258
1988 $36,275,674,203 $10,722,799,639
1987 $36,384,908,744 $8,523,160,593
1986 $33,943,612,095 -
1985 $40,603,650,232 -
1984 $41,807,954,236 -
1983 $42,803,323,345 -
1982 $46,622,718,605 -
1981 $49,333,424,135 -
1980 $43,599,160,050 -
1979 $31,225,659,621 -
1978 $23,775,764,225 -
1977 $24,871,775,165 -
1976 $19,213,158,779 -
1975 $14,720,728,249 -
1974 $11,651,505,689 -
1973 $4,231,243,616 -
1972 $1,415,086,929 -
1971 $939,893,600 -
1970 $685,986,701 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/united-arab-emirates/uzbekistan | CC BY

GDP per capita in United Arab Emirates vs Uzbekistan by year

United Arab Emirates
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
UAE Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $50,274 $79,229 $3,162 $11,879
2023 $49,851 $77,955 $2,879 $11,107
2022 $50,760 $75,072 $2,579 $10,293
2021 $44,119 $68,580 $2,259 $9,248
2020 $37,992 $66,791 $1,978 $8,452
2019 $45,939 $79,816 $2,041 $8,544
2018 $47,135 $77,446 $1,813 $8,129
2017 $43,734 $70,282 $2,191 $7,818
2016 $42,721 $69,987 $2,753 $6,919
2015 $44,910 $73,986 $2,803 $6,800
2014 $52,725 $87,478 $2,675 $6,610
2013 $53,247 $87,526 $2,462 $6,413
2012 $53,142 $89,198 $2,307 $6,168
2011 $51,922 $89,665 $2,088 $5,949
2010 $44,795 $85,120 $1,753 $5,505
2009 $37,803 $84,780 $1,206 $5,135
2008 $50,054 $94,628 $1,075 $4,800
2007 $45,855 $100,813 $824 $4,386
2006 $44,343 $106,814 $649 $3,956
2005 $38,719 $101,301 $543 $3,618
2004 $33,377 $98,661 $462 $3,321
2003 $29,660 $92,636 $394 $3,047
2002 $27,754 $88,467 $381 $2,902
2001 $27,745 $90,370 $454 $2,782
2000 $29,866 $92,899 $555 $2,644
1999 $25,856 $87,658 $698 $2,522
1998 $24,889 $90,229 $621 $2,418
1997 $27,983 $96,009 $621 $2,329
1996 $28,323 $94,620 $597 $2,214
1995 $27,003 $93,702 $583 $2,178
1994 $25,473 $89,959 $574 $2,197
1993 $25,033 $86,330 $596 $2,318
1992 $25,648 $87,509 $603 $2,371
1991 $25,691 $87,250 $658 $2,676
1990 $26,710 $88,455 $653 $2,665
1989 $23,167 - $598 -
1988 $21,570 - $551 -
1987 $23,113 - $450 -
1986 $23,132 - - -
1985 $29,468 - - -
1984 $32,012 - - -
1983 $34,650 - - -
1982 $39,972 - - -
1981 $44,854 - - -
1980 $42,925 - - -
1979 $34,238 - - -
1978 $29,379 - - -
1977 $35,020 - - -
1976 $31,197 - - -
1975 $27,117 - - -
1974 $23,823 - - -
1973 $9,696 - - -
1972 $3,675 - - -
1971 $2,805 - - -
1970 $2,394 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/united-arab-emirates/uzbekistan | CC BY

The United Arab Emirates' GDP per capita is $50,274, ranking 24/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), the United Arab Emirates ranks 16th at $79,229, while Uzbekistan ranks 125th at $11,879.

Economic indicators

UAE Uzbekistan
Gross domestic product
$552B
2024
$115B
2024
GDP rank
27/197
2024
66/197
2024
GDP growth
3.99%
2023-2024
6.5%
2023-2024
GDP per capita
$50,274
2024
$3,162
2024
GDP per capita rank
24/197
2024
139/197
2024
GDP per capita, PPP
$79,229
2024
$11,879
2024
GDP per capita PPP rank
16/197
2024
125/197
2024
Government debt
$193B
2024
$37.5B
2024
Debt-to-GDP ratio
34.9%
2024
32.7%
2024
Government debt per person
$17,568
2024
$1,032
2024
Government debt per person rank
36/185
2024
141/185
2024
Average annual personal income after taxes
$40,522
2026
$3,658
2026
Market capitalization of domestic companies
$1.05T
2024
$18.8B
2024
Number of millionaires
339,000
2025
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
20.5%
2018
25.7%
2024
Income share by poorest 10%
2.8%
2018
2.3%
2024
Government expenditure, % of GDP
21.4%
2024
27.6%
2024
Consumer prices inflation
1.7%
2023-2024
9.6%
2023-2024
Central bank interest rate
3.65%
2025
14%
2025
Unemployment rate
1.88%
2024
5.29%
2020
Population
11686438
37939105

Spending and national debt comparison by year

United Arab Emirates
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
UAE Uzbekistan
Government spending Government debt Government spending Government debt
2024 21.4% 34.9% 27.6% 32.7%
2023 22.7% 31.9% 29.9% 32.2%
2022 22.7% 31.5% 31.3% 30.5%
2021 25.9% 35.7% 27.4% 31.7%
2020 30.5% 30.1% 26% 33.7%
2019 27.4% 25.8% 24.4% 25.4%
2018 25.9% 20.7% 22.2% 17.5%
2017 27.2% 21.2% 19.9% 17.3%
2016 31.7% 18.6% 23.3% 8.19%
2015 26.4% 15.6% 24.6% 6.72%
2014 31.4% 13.5% 24.9% 6.09%
2013 28.9% 15.3% 25.2% 6.23%
2012 27.8% 20.2% 23.9% 6.76%
2011 29.6% 20.4% 23.7% 6.33%
2010 30.4% 18.3% 26.4% 6.61%
2009 35% 21.1% 27.5% 7.3%
2008 22% 8.95% 26.5% 8.33%
2007 17.7% 8.89% 24.8% 9.56%
2006 15.6% 5.05% 24.7% 13.5%
2005 15.7% 4.48% 28.1% 21%
2004 17.7% 4.08% 29.4% 26.9%
2003 20% 3.33% 31.5% 31.4%
2002 21.3% 3.43% 34.6% 41.6%
2001 25.2% 2.69% 30.6% 44.8%
2000 21.8% 3.12% 32.9% 29.5%
1999 24.3% 4.73% 33.6% 18.4%
1998 25.8% 4.18% 35.1% 18%
1997 22.6% 2.86% 31.8% 15.3%
1996 27.6% 3.48% 35.1% -
1995 26.1% 5.06% 29.4% -
1994 30.1% 5.58% 27.1% -
1993 31.5% 6.01% 39.6% -
1992 29.6% 5.31% 18% -
1991 36% 4.97% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1991–1998, retrieved 2026-02-20).

GeoRank.org/economy/united-arab-emirates/uzbekistan | CC BY

In 2024, the United Arab Emirates' government spending was $118B, accounting for 21.4% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 34.9% in the United Arab Emirates and 32.7% in Uzbekistan, ranking 146/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
United Arab Emirates

Uzbekistan
1x
Year Deficit/surplus, % of GDP
UAE Uzbekistan
2024 6.41% -2.37%
2023 5.82% -4.03%
2022 9.8% -3.65%
2021 3.96% -4.1%
2020 -2.42% -2.95%
2019 2.5% -0.3%
2018 3.65% 1.64%
2017 -0.16% 1.04%
2016 -2.95% 0.7%
2015 -6.35% -0.28%
2014 1.74% 1.9%
2013 7.99% 2.15%
2012 8.59% 5.89%
2011 5.05% 5.11%
2010 0.52% 2.56%
2009 -6.13% 1.82%
2008 17.6% 5.97%
2007 17.1% 3.55%
2006 20.2% 2.72%
2005 16% -3.52%
2004 6.4% -3.74%
2003 2.35% -4.87%
2002 -1.24% -6.31%
2001 1.21% -3.28%
2000 10.7% -3.66%
1999 1.31% -2.91%
1998 1% -3.04%
1997 6.71% -2.05%
1996 0.92% -1.57%
1995 3.58% -1.77%
1994 -1.78% -4.47%
1993 -2.89% -12%
1992 3.34% 7.15%
1991 3.89% -

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

GeoRank.org/economy/united-arab-emirates/uzbekistan | CC BY

In 2024, the United Arab Emirates' government surplus, the difference between spending and revenue, was $35.4B, equivalent to 6.41% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, the United Arab Emirates recorded a fiscal deficit in 8 of those years, while Uzbekistan ran a deficit in 20 years. On average, the United Arab Emirates posted an annual surplus equal to 4.26% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
United Arab Emirates

Uzbekistan
1x
Year Consumer prices inflation
UAE Uzbekistan
2024 1.7% 9.6%
2023 1.6% 10%
2022 4.8% 11.4%
2021 -0.1% 10.8%
2020 -2.1% 12.9%
2019 -1.9% 14.5%
2018 3.1% 17.5%
2017 2% 13.9%
2016 1.6% 8.8%
2015 4.1% 8.5%
2014 2.3% 9.1%
2013 1.1% 11.7%
2012 0.7% 11.9%
2011 0.9% 12.4%
2010 0.9% 12.3%
2009 -4.7% 12.3%
2008 12.3% 13.1%
2007 11.1% 11.2%
2006 9.3% 13.1%
2005 6.2% 10.7%
2004 5% 7.3%
2003 3.1% 12.5%
2002 2.9% 27.3%
2001 2.8% 27.3%
2000 1.3% 25%
1999 2.1% 29.1%
1998 2% 29%
1997 3% 70.9%

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

GeoRank.org/economy/united-arab-emirates/uzbekistan | CC BY

Over the past 28 years, the United Arab Emirates has recorded an average annual inflation rate of 2.75%, compared with 16.6% in Uzbekistan. In 2024, inflation was 1.7% in the United Arab Emirates and 9.6% in Uzbekistan.

Top exports between countries

UAE
Export category Export value
Machinery & equipment $1.15B
Chemicals & pharma $86.9M
Precious metals & jewellery $82.8M
Textiles & consumer goods $56.6M
Raw materials & minerals $26.5M
Raw agricultural goods $18.8M
Processed food, beverages & tobacco $18.2M
Metals $15.1M
Wood & paper products $5.64M
Miscellaneous $4.68M
Uzbekistan
Export category Export value
Raw materials & minerals $157M
Processed food, beverages & tobacco $21.1M
Machinery & equipment $20.9M
Textiles & consumer goods $15.4M
Raw agricultural goods $15.2M
Precious metals & jewellery $15.1M
Metals $5.4M
Manufacturing & construction services $1.38M
Government & miscellaneous services $300K
Wood & paper products $293K

Balance of trade

UAE Uzbekistan
Current account balance
$80B
2024
-$5.71B
2024
Current account balance ranking
9/190
2024
169/190
2024
Current account balance, % of GDP
+14.5%
2024
-4.97%
2024
Goods imports
$400B
2024
$33.2B
2024
Goods exports
$467B
2024
$19.6B
2024
Service imports
$117B
2024
$10.5B
2024
Service exports
$181B
2024
$6.55B
2024
Imports of goods and services, % of GDP
92.2%
2023
38%
2024
Exports of goods and services, % of GDP
106.8%
2023
22.8%
2024

Economic freedom indices

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

UAE Uzbekistan
Economic freedom 71.9 60.3
Economic freedom ranking 29/197 94/197
Property rights 62.9 43.1
Government integrity 65.3 32
Judicial effectiveness 34.4 13.7
Tax burden 99.9 95
Government spending 85.1 73.7
Fiscal health 97.6 79.9
Business freedom 84.5 62.5
Labor freedom 63.2 48.4
Monetary freedom 81.2 65.1
Trade freedom 78.6 80.6
Investment freedom 50 70
Financial freedom 60 60

Economic freedom comparison by year

United Arab Emirates
Uzbekistan
1x
Year Economic freedom index
UAE Uzbekistan
2026 71.9 60.3
2025 71.6 58
2024 71.1 55.9
2023 70.9 56.5
2022 70.2 55.7
2021 76.9 58.3
2020 76.2 57.2
2019 77.6 53.3
2018 77.6 51.5
2017 76.9 52.3
2016 72.6 46
2015 72.4 47
2014 71.4 46.5
2013 71.1 46
2012 69.3 45.8
2011 67.8 45.8
2010 67.3 47.5
2009 64.7 50.5
2008 62.6 51.9
2007 62.6 51.5
2006 62.2 48.7
2005 65.2 45.8
2004 67.2 39.1
2003 73.4 38.3
2002 73.6 38.5
2001 74.9 38.2
2000 74.2 38.1
1999 71.5 33.8
1998 72.2 31.5
1997 71.9 -
1996 71.6 -

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

GeoRank.org/economy/united-arab-emirates/uzbekistan | CC BY

The Economic Freedom Index for the United Arab Emirates is 71.9, ranking 29/197, 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

UAE Uzbekistan
Services, % of GDP
54.9%
2024
45.2%
2024
Industry, % of GDP
44.3%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.77%
2024
18.3%
2024
GNI, Atlas method
$566B
2024
$110B
2024
GNI per capita, PPP
$81,530
2024
$12,000
2024
Total reserves including gold
$238B
2024
$41.2B
2024
Total reserves ranking
14/177
2024
50/177
2024
Net foreign direct investment
$31.5B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$45.6B
2024
$2.99B
2024
Net outflows of foreign direct investment
$77.2B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines
19.5%
2020
8.9%
2024
Gross capital formation, % of GDP
26.6%
2023
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/united-arab-emirates/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1991–1998, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.