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Uzbekistan economy ranking: GDP & GDP per capita, debt

Updated on by Georank

Uzbekistan ranked 61/197 by economy size with a GDP of $147B and 134/197 by GDP per capita at $3,968. Uzbekistan has $42B in government debt, with a debt-to-GDP ratio of 28.6%.

In 2025, Uzbekistan made up 0.12% of the world's economy, compared to 0.05% in 1987.

Uzbekistan GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2025 $147,038,081,129 7.7%
2024 $121,356,065,241 6.68%
2023 $107,526,539,716 6.32%
2022 $94,286,355,836 6.09%
2021 $81,170,051,811 8.2%
2020 $70,127,127,133 1.62%
2019 $70,170,662,563 6.79%
2018 $61,318,332,403 5.72%
2017 $72,276,404,058 4.7%
2016 $97,871,364,319 6.71%
2015 $97,564,568,987 7.94%
2014 $91,303,765,114 7.71%
2013 $82,674,178,352 7.92%
2012 $75,318,846,931 7.36%
2011 $67,404,618,405 8.13%
2010 $55,544,226,553 7.6%
2009 $33,689,223,673 8.05%
2008 $29,549,438,884 9.03%
2007 $22,311,393,928 9.47%
2006 $17,330,833,853 7.45%
2005 $14,307,509,839 6.95%
2004 $12,030,023,548 7.45%
2003 $10,134,453,435 4.23%
2002 $9,687,788,513 3.97%
2001 $11,401,421,329 4.16%
2000 $13,760,513,969 3.84%
1999 $17,078,465,982 4.3%
1998 $14,988,971,211 4.3%
1997 $14,744,603,774 5.2%
1996 $13,948,892,216 1.7%
1995 $13,350,461,265 -0.9%
1994 $12,899,074,922 -5.2%
1993 $13,099,920,056 -2.3%
1992 $12,953,801,760 -11.2%
1991 $13,800,167,712 -0.49%
1990 $13,362,340,338 1.6%
1989 $11,948,815,258 3.09%
1988 $10,722,799,639 9.14%
1987 $8,523,160,593 -

Data sources: World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/uzbekistan | CC BY

Uzbekistan GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2025 $3,968 -
2024 $3,337 $11,879
2023 $3,016 $11,107
2022 $2,699 $10,293
2021 $2,370 $9,248
2020 $2,088 $8,452
2019 $2,129 $8,544
2018 $1,894 $8,129
2017 $2,271 $7,818
2016 $3,128 $6,919
2015 $3,173 $6,800
2014 $3,021 $6,610
2013 $2,781 $6,413
2012 $2,574 $6,168
2011 $2,339 $5,949
2010 $1,957 $5,505
2009 $1,206 $5,135
2008 $1,075 $4,800
2007 $824 $4,386
2006 $649 $3,956
2005 $543 $3,618
2004 $462 $3,321
2003 $394 $3,047
2002 $381 $2,902
2001 $454 $2,782
2000 $555 $2,644
1999 $698 $2,522
1998 $621 $2,418
1997 $621 $2,329
1996 $597 $2,214
1995 $583 $2,178
1994 $574 $2,197
1993 $596 $2,318
1992 $603 $2,371
1991 $658 $2,676
1990 $653 $2,665
1989 $598 -
1988 $551 -
1987 $450 -

Data sources: World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/uzbekistan | CC BY

Uzbekistan has a GDP per capita of $3,968, ranking 134/197, a GDP per capita based on purchasing power parity (PPP) of $11,879, ranking 125/197, and a median annual after tax income of $3,560, ranking 123/197.

Uzbekistan GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2025 59 122 -
2024 64 135 114
2023 64 137 121
2022 68 141 121
2021 70 145 121
2020 72 144 122
2019 72 149 125
2018 80 152 124
2017 70 142 127
2016 60 131 129
2015 61 131 129
2014 65 135 129
2013 65 136 128
2012 66 139 129
2011 68 138 129
2010 73 138 129
2009 85 152 131
2008 87 158 133
2007 91 163 133
2006 96 163 135
2005 95 163 133
2004 96 166 133
2003 97 169 134
2002 92 168 136
2001 87 159 136
2000 79 149 135
1999 74 135 135
1998 79 141 137
1997 76 146 134
1996 74 142 131
1995 75 145 129
1994 73 137 124
1993 72 135 121
1992 68 136 119
1991 66 133 117
1990 68 133 116
1989 61 122 -
1988 64 126 -
1987 66 128 -

Data sources: World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/uzbekistan | CC BY

Compared with 2000, in 2025 Uzbekistan is ranked 59th out of 179 by GDP (up from 79th), 122nd by GDP per capita (up from 149th), and 114th by GDP per capita PPP (up from 135th).

Economic indicators

Uzbekistan Rank
Gross domestic product
$147B
2025
61/197
GDP growth
7.7%
2024-2025
14/194
GDP per capita
$3,968
2025
134/197
GDP per capita, PPP
$11,879
2024
125/197
Government debt
$42B
2025
83/185
Debt-to-GDP ratio
28.6%
2025
159/185
Government debt per person
$1,134
2025
139/185
Average annual personal income after taxes
$3,560
2026
123/197
Listed domestic companies
85
2025
54/103
Market capitalization of domestic companies
$23.7B
2025
62/100
Income share by richest 10%
24.2%
2025
136/169
Income share by poorest 10%
2.4%
2025
112/169
Government expenditure, % of GDP
27.4%
2025
110/195
Consumer prices inflation
8.8%
2024-2025
27/195
Central bank interest rate
14%
2025
18/106
Unemployment rate
5.29%
2020
97/196
Population
38082870
42/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2025 27.4% 28.6% -1.66%
2024 26.1% 30.9% -2.25%
2023 28.6% 30.7% -3.85%
2022 30% 29.2% -3.49%
2021 26.1% 30.2% -3.9%
2020 24.7% 31.9% -2.8%
2019 23.4% 24.3% -0.29%
2018 21.2% 16.7% 1.57%
2017 19.9% 17.3% 1.04%
2016 20.5% 7.21% 0.62%
2015 21.7% 5.94% -0.24%
2014 22% 5.39% 1.68%
2013 22.3% 5.51% 1.9%
2012 21.5% 6.06% 5.28%
2011 21.1% 5.65% 4.56%
2010 23.7% 5.92% 2.29%
2009 24.7% 6.57% 1.64%
2008 23.8% 7.5% 5.38%
2007 22.4% 8.6% 3.2%
2006 22.3% 12.2% 2.45%
2005 25.3% 18.9% -3.17%
2004 26.5% 24.2% -3.37%
2003 28.4% 28.3% -4.39%
2002 31.2% 37.5% -5.69%
2001 27.6% 40.4% -2.95%
2000 29.6% 26.5% -3.29%
1999 30.3% 16.6% -2.62%
1998 31.6% 16.2% -2.74%
1997 28.7% 13.8% -1.85%
1996 31.6% - -1.41%
1995 26.5% - -1.59%
1994 24.4% - -4.03%
1993 35.6% - -10.8%
1992 16.2% - 6.44%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/uzbekistan | CC BY

This chart shows Uzbekistan's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 34 years, Uzbekistan recorded a fiscal deficit in 21 of them, with an average annual deficit equal to 0.83% of GDP. In 2025, government spending reached $40.2B (27.4% of GDP), with a deficit of 1.66%.

The national debt reached $42B, ranking 83rd out of 185 countries by total size, with a debt-to-GDP ratio of 28.6%, ranking 159th.

Inflation rate by year

1x
Year Inflation
2025 8.8%
2024 9.6%
2023 10%
2022 11.4%
2021 10.8%
2020 12.9%
2019 14.5%
2018 17.5%
2017 13.9%
2016 8.8%
2015 8.5%
2014 9.1%
2013 11.7%
2012 11.9%
2011 12.4%
2010 12.3%
2009 12.3%
2008 13.1%
2007 11.2%
2006 13.1%
2005 10.7%
2004 7.3%
2003 12.5%
2002 27.3%
2001 27.3%
2000 25%
1999 29.1%
1998 29%
1997 70.9%
1996 54%
1995 305%
1994 1,568%
1993 534%
1992 645%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/uzbekistan | CC BY

Over the past 20 years, Uzbekistan has had an average annual inflation rate of 11.7%. In 2025, inflation was 8.8%. The bar chart above shows consumer price inflation by year.

Balance of trade

Uzbekistan Rank
Current account balance
-$5.78B
2025
167/190
Current account balance, % of GDP
-3.93%
2025
126/190
Goods imports
$38.5B
2025
64/189
Goods exports
$23B
2025
77/189
Service imports
$13.6B
2025
63/189
Service exports
$9.27B
2025
73/189
Imports of goods and services, % of GDP
35.4%
2025
110/182
Exports of goods and services, % of GDP
22%
2025
138/193

Uzbekistan top 10 trading partners

Uzbekistan's biggest trading partner accounting for 25.1% of all exports and imports is China, with a trade balance between the two of -$8.51B: Uzbekistan exports $1.89B worth of goods and services to China and imports $10.4B.

Below is the list of the top 10 trade partners of Uzbekistan.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 China $12.3B 25.1% $1.89B $10.4B Metals Machinery & equipment
2 Russia $11.2B 22.9% $3.37B $7.84B Textiles & consumer goods Raw materials & minerals
3 Kazakhstan $4.21B 8.63% $1.41B $2.8B Machinery & equipment Raw agricultural goods
4 Turkey $2.77B 5.67% $1.03B $1.74B Metals Machinery & equipment
5 South Korea $2B 4.1% $44.7M $1.95B Raw materials & minerals Machinery & equipment
6 Turkmenistan $1.22B 2.49% $192M $1.02B Raw materials & minerals Raw materials & minerals
7 Afghanistan $1.12B 2.3% $1.08B $45M Raw agricultural goods Raw materials & minerals
8 Germany $1.11B 2.28% $87.6M $1.03B Textiles & consumer goods Machinery & equipment
9 India $877M 1.8% $30.9M $846M Metals Chemicals & pharma
10 Kyrgyzstan $855M 1.75% $523M $332M Machinery & equipment Raw materials & minerals

Top 10 exports

Uzbekistan Rank
Precious metals & jewellery $7.69B 26/190
Transport & tourism services $5.39B 74/191
Textiles & consumer goods $3.12B 50/193
Raw materials & minerals $1.98B 97/193
Raw agricultural goods $1.94B 59/193
Metals $1.67B 67/192
Machinery & equipment $1.26B 79/193
Miscellaneous $932M 28/192
IT & IP services $630M 75/185
Chemicals & pharma $484M 90/193

Top 10 imports

Uzbekistan Rank
Machinery & equipment $14.2B 61/193
Transport & tourism services $8.99B 55/191
Raw materials & minerals $5.2B 71/193
Chemicals & pharma $4.51B 68/193
Metals $3.77B 60/193
Processed food, beverages & tobacco $2.38B 68/193
Textiles & consumer goods $1.51B 87/193
Raw agricultural goods $1.35B 74/193
Wood & paper products $1.31B 57/193
Animal & marine products $762M 74/193

Economic freedom indices

Uzbekistan Rank
Economic freedom 60.3 94/197
Property rights 43.1 111/182
Government integrity 32 126/182
Judicial effectiveness 13.7 159/182
Tax burden 95 14/182
Government spending 73.7 94/180
Fiscal health 79.9 80/181
Business freedom 62.5 101/182
Labor freedom 48.4 144/182
Monetary freedom 65.1 151/180
Trade freedom 80.6 22/181
Investment freedom 70 48/181
Financial freedom 60 69/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 60.3 13.7 95 73.7 79.9
2025 58 14.5 92.8 73.6 73.3
2024 55.9 15.3 92.8 70.4 72.1
2023 56.5 24.9 92.8 74.9 85.3
2022 55.7 13.1 90.8 78.1 96.6
2021 58.3 50.8 92.4 79.9 98.3
2020 57.2 34.2 91.6 74.7 98.9
2019 53.3 34.3 91.3 67.4 98.7
2018 51.5 35.3 91 65.5 99.7
2017 52.3 41.9 90.7 66.2 99.8
2016 46 - 90.4 66.6 -
2015 47 - 90.2 67.3 -
2014 46.5 - 90.3 70.4 -
2013 46 - 90.2 67.8 -
2012 45.8 - 94.4 64.9 -
2011 45.8 - 90.5 71 -
2010 47.5 - 88.4 72.6 -
2009 50.5 - 88.3 68.1 -
2008 51.9 - 88 68.3 -
2007 51.5 - 85 69.3 -
2006 48.7 - 77.3 52.2 -
2005 45.8 - 73.2 58.5 -
2004 39.1 - 72.2 76.3 -
2003 38.3 - 72 72.6 -
2002 38.5 - 50.9 69.3 -
2001 38.2 - 55.9 65.3 -
2000 38.1 - 59.4 65.3 -
1999 33.8 - 55.9 52.5 -
1998 31.5 - 57.4 56.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08).

GeoRank.org/economy/uzbekistan | CC BY

Uzbekistan is ranked 84/174 for economic freedom with a score of 60.3, compared to 143/162 and a score of 48.7 in 2006.

Other economic metrics

Uzbekistan Rank
Services, % of GDP
46.5%
2025
154/191
Industry, % of GDP
32.5%
2025
44/194
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
47/193
GNI, Atlas method
$136B
2025
62/194
GNI per capita, PPP
$13,640
2025
117/191
Total reserves including gold
$41.2B
2024
53/177
Net foreign direct investment
-$4.24B
2025
159/189
Net inflows of foreign direct investment
$2.97B
2024
58/193
Net outflows of foreign direct investment
$36.7M
2024
105/193
Servicing debt to the IMF, % of GNI
9.37%
2024
21/121
Poverty at national poverty lines
5.8%
2025
164/176
Gross capital formation, % of GDP
33.3%
2025
17/179

Compare Uzbekistan vs other countries

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/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.