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Economy of Uzbekistan vs Vanuatu compared: GDP & Debt

Updated on by Georank team

Uzbekistan has a GDP of $115B compared to $1.12B for Vanuatu, ranking 66/197 and 188/197 by economy size, respectively.

Uzbekistan has $37.5B in government debt (32.7% of GDP), compared to $507M (45.3% of GDP) in Vanuatu.

Uzbekistan vs Vanuatu GDP by year

Uzbekistan
Vanuatu
1x
Year GDP, current $
Uzbekistan Vanuatu
2024 $114,965,293,467 $1,117,972,034
2023 $102,641,879,249 $1,115,861,056
2022 $90,095,926,567 $1,055,031,361
2021 $77,340,060,003 $950,394,007
2020 $66,443,265,418 $909,421,044
2019 $67,293,639,798 $936,526,268
2018 $58,695,899,092 $914,727,908
2017 $69,703,222,283 $880,043,284
2016 $86,138,288,644 $804,323,577
2015 $86,196,264,755 $759,690,181
2014 $80,845,385,809 $773,717,011
2013 $73,180,037,915 $758,304,466
2012 $67,517,349,212 $747,839,698
2011 $60,178,909,297 $770,153,588
2010 $49,765,676,402 $670,712,980
2009 $33,689,223,673 $592,622,319
2008 $29,549,438,884 $590,748,429
2007 $22,311,393,928 $516,392,923
2006 $17,330,833,853 $439,358,587
2005 $14,307,509,839 $394,962,433
2004 $12,030,023,548 $364,996,869
2003 $10,134,453,435 $314,471,413
2002 $9,687,788,513 $262,596,536
2001 $11,401,421,329 $257,926,882
2000 $13,760,513,969 $272,014,628
1999 $17,078,465,982 $268,006,973
1998 $14,988,971,211 $262,293,411
1997 $14,744,603,774 $272,771,209
1996 $13,948,892,216 $261,370,044
1995 $13,350,461,265 $249,333,250
1994 $12,899,074,922 $233,701,301
1993 $13,099,920,056 $200,491,853
1992 $12,953,801,760 $209,088,825
1991 $13,800,167,712 $201,334,169
1990 $13,362,340,338 $168,879,207
1989 $11,948,815,258 $154,013,202
1988 $10,722,799,639 $158,351,368
1987 $8,523,160,593 $139,464,174
1986 - $126,498,935
1985 - $131,856,421
1984 - $144,482,515
1983 - $117,389,554
1982 - $114,501,913
1981 - $113,781,796
1980 - $121,185,498
1979 - $119,258,835

Data sources: World Bank | Economy & Growth (1979–2024, retrieved 2026-04-06).

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

GDP per capita in Uzbekistan vs Vanuatu by year

Uzbekistan
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Uzbekistan Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,162 $11,879 $3,411 $3,606
2023 $2,879 $11,107 $3,483 $3,568
2022 $2,579 $10,293 $3,370 $3,453
2021 $2,259 $9,248 $3,107 $3,136
2020 $1,978 $8,452 $3,043 $3,118
2019 $2,041 $8,544 $3,207 $3,315
2018 $1,813 $8,129 $3,207 $3,233
2017 $2,191 $7,818 $3,160 $3,146
2016 $2,753 $6,919 $2,956 $3,030
2015 $2,803 $6,800 $2,855 $2,966
2014 $2,675 $6,610 $2,973 $2,890
2013 $2,462 $6,413 $2,980 $2,832
2012 $2,307 $6,168 $3,005 $2,834
2011 $2,088 $5,949 $3,163 $2,816
2010 $1,753 $5,505 $2,815 $2,733
2009 $1,206 $5,135 $2,546 $2,730
2008 $1,075 $4,800 $2,604 $2,701
2007 $824 $4,386 $2,334 $2,573
2006 $649 $3,956 $2,035 $2,496
2005 $543 $3,618 $1,874 $2,287
2004 $462 $3,321 $1,774 $2,157
2003 $394 $3,047 $1,567 $2,070
2002 $381 $2,902 $1,341 $1,995
2001 $454 $2,782 $1,350 $2,125
2000 $555 $2,644 $1,460 $2,206
1999 $698 $2,522 $1,472 $2,084
1998 $621 $2,418 $1,471 $2,091
1997 $621 $2,329 $1,562 $2,087
1996 $597 $2,214 $1,529 $1,998
1995 $583 $2,178 $1,492 $1,961
1994 $574 $2,197 $1,431 $1,946
1993 $596 $2,318 $1,257 $1,789
1992 $603 $2,371 $1,344 $1,777
1991 $658 $2,676 $1,326 $1,737
1990 $653 $2,665 $1,141 $1,670
1989 $598 - $1,067 -
1988 $551 - $1,125 -
1987 $450 - $1,017 -
1986 - - $946 -
1985 - - $1,012 -
1984 - - $1,137 -
1983 - - $947 -
1982 - - $946 -
1981 - - $962 -
1980 - - $1,048 -
1979 - - $1,055 -

Data sources: World Bank | Economy & Growth (1979–2024, retrieved 2026-04-06).

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

Uzbekistan's GDP per capita is $3,162, ranking 139/197, compared to $3,411 in Vanuatu, ranking 137/197. Adjusted for purchasing power (GDP per capita PPP), Uzbekistan ranks 125th at $11,879, while Vanuatu ranks 170th at $3,606.

Economic indicators

Uzbekistan Vanuatu
Gross domestic product
$115B
2024
$1.12B
2024
GDP rank
66/197
2024
188/197
2024
GDP growth
6.5%
2023-2024
0.94%
2023-2024
GDP per capita
$3,162
2024
$3,411
2024
GDP per capita rank
139/197
2024
137/197
2024
GDP per capita, PPP
$11,879
2024
$3,606
2024
GDP per capita PPP rank
125/197
2024
170/197
2024
Government debt
$37.5B
2024
$507M
2024
Debt-to-GDP ratio
32.7%
2024
45.3%
2024
Government debt per person
$1,032
2024
$1,546
2024
Government debt per person rank
141/185
2024
131/185
2024
Average annual personal income after taxes
$3,658
2026
$3,164
2026
Market capitalization of domestic companies
$18.8B
2024
n/a
Income share by richest 10%
25.7%
2024
24.7%
2019
Income share by poorest 10%
2.3%
2024
3%
2019
Government expenditure, % of GDP
27.6%
2024
41.1%
2024
Consumer prices inflation
9.6%
2023-2024
11.2%
2022-2023
Central bank interest rate
14%
2025
n/a
Unemployment rate
5.29%
2020
4.05%
2020
Population
37939105
344750

Spending and national debt comparison by year

Uzbekistan
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Uzbekistan Vanuatu
Government spending Government debt Government spending Government debt
2024 27.6% 32.7% 41.1% 45.3%
2023 29.9% 32.2% 41.6% 41.8%
2022 31.3% 30.5% 42% 42.8%
2021 27.4% 31.7% 44.4% 48.5%
2020 26% 33.7% 43.4% 48%
2019 24.4% 25.4% 39.8% 45.1%
2018 22.2% 17.5% 33.3% 45.3%
2017 19.9% 17.3% 37.1% 52.6%
2016 23.3% 8.19% 35.2% 42.5%
2015 24.6% 6.72% 42.4% 36.3%
2014 24.9% 6.09% 23.3% 20.2%
2013 25.2% 6.23% 22.9% 18.6%
2012 23.9% 6.76% 24.5% 19.3%
2011 23.7% 6.33% 25.1% 21.3%
2010 26.4% 6.61% 28.3% 20.2%
2009 27.5% 7.3% 27.6% 21.1%
2008 26.5% 8.33% 27.8% 21.2%
2007 24.8% 9.56% 22.5% 19.5%
2006 24.7% 13.5% 20.1% 22.2%
2005 28.1% 21% 18.3% 26.3%
2004 29.4% 26.9% 18.5% 30.4%
2003 31.5% 31.4% 18.8% 38.3%
2002 34.6% 41.6% 22.3% 38.8%
2001 30.6% 44.8% 22.3% 37%
2000 32.9% 29.5% 25.4% 36.1%
1999 33.6% 18.4% 23.9% 30.6%
1998 35.1% 18% 27.9% 28%
1997 31.8% 15.3% 22.2% 22.9%
1996 35.1% - 24.5% 23.1%
1995 29.4% - 28% 24.1%
1994 27.1% - 24.4% 21.6%
1993 39.6% - 26.2% 20.3%
1992 18% - 31.8% 21%
1991 - - 33.2% 15.9%

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

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

In 2024, Uzbekistan's government spending was $31.7B, accounting for 27.6% of its GDP, while Vanuatu spent $459M, or 41.1% of GDP.

Debt-to-GDP ratio is 32.7% in Uzbekistan and 45.3% in Vanuatu, ranking 152/185 and 119/185, respectively.

Government deficit by year

Deficit/surplus
Uzbekistan

Vanuatu
1x
Year Deficit/surplus, % of GDP
Uzbekistan Vanuatu
2024 -2.37% -2.34%
2023 -4.03% -0.95%
2022 -3.65% -6.5%
2021 -4.1% 2.38%
2020 -2.95% -1.95%
2019 -0.3% 2.81%
2018 1.64% 6.26%
2017 1.04% -1.2%
2016 0.7% -0.72%
2015 -0.28% -8.66%
2014 1.9% 1.44%
2013 2.15% -0.25%
2012 5.89% -1.7%
2011 5.11% -2.19%
2010 2.56% -2.63%
2009 1.82% -0.85%
2008 5.97% -0.04%
2007 3.55% 0.28%
2006 2.72% 0.49%
2005 -3.52% 1.86%
2004 -3.74% 0.8%
2003 -4.87% -1.35%
2002 -6.31% -3.63%
2001 -3.28% -3.33%
2000 -3.66% -6.28%
1999 -2.91% -0.55%
1998 -3.04% -6.65%
1997 -2.05% -0.51%
1996 -1.57% -1.78%
1995 -1.77% -2.59%
1994 -4.47% -1.49%
1993 -12% -3.67%
1992 7.15% -2.32%
1991 - -2.81%

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

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

In 2024, Uzbekistan's government deficit, the difference between spending and revenue, was $2.72B, equivalent to 2.37% of GDP. This compares to Vanuatu's deficit of $26.2M, or 2.34% of GDP.

Over the past 33 years, Uzbekistan recorded a fiscal deficit in 20 of those years, while Vanuatu ran a deficit in 25 years. On average, Uzbekistan posted an annual deficit equal to 0.87% of GDP, compared to deficit of 1.45% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Uzbekistan

Vanuatu
1x
Year Consumer prices inflation
Uzbekistan Vanuatu
2024 9.6% -
2023 10% 11.2%
2022 11.4% 6.68%
2021 10.8% 2.34%
2020 12.9% 5.33%
2019 14.5% 2.76%
2018 17.5% 2.33%
2017 13.9% 3.08%
2016 8.8% 0.84%
2015 8.5% 2.48%
2014 9.1% 0.8%
2013 11.7% 1.46%
2012 11.9% 1.35%
2011 12.4% 0.87%
2010 12.3% 2.76%
2009 12.3% 4.3%
2008 13.1% 4.84%
2007 11.2% 3.94%
2006 13.1% 2.04%
2005 10.7% 1.2%
2004 7.3% 1.42%
2003 12.5% 3.02%
2002 27.3% 1.96%
2001 27.3% 3.58%
2000 25% 2.54%
1999 29.1% 2%
1998 29% 3.28%
1997 70.9% 2.83%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2023, retrieved 2026-04-06).

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

Over the past 27 years, Uzbekistan has recorded an average annual inflation rate of 16.8%, compared with 3.01% in Vanuatu. In 2023, inflation was 9.6% in Uzbekistan and 11.2% in Vanuatu.

Balance of trade

Uzbekistan Vanuatu
Current account balance
-$5.71B
2024
-$127M
2022
Current account balance ranking
169/190
2024
90/190
2022
Current account balance, % of GDP
-4.97%
2024
-12.1%
2022
Goods imports
$33.2B
2024
$350M
2022
Goods exports
$19.6B
2024
$73.6M
2022
Service imports
$10.5B
2024
$230M
2022
Service exports
$6.55B
2024
$78.5M
2022
Imports of goods and services, % of GDP
38%
2024
54.2%
2022
Exports of goods and services, % of GDP
22.8%
2024
9.43%
2022

Economic freedom indices

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

Uzbekistan Vanuatu
Economic freedom 60.3 61.1
Economic freedom ranking 94/197 92/197
Property rights 43.1 62.1
Government integrity 32 48.3
Judicial effectiveness 13.7 67.9
Tax burden 95 96.9
Government spending 73.7 48.1
Fiscal health 79.9 78.8
Business freedom 62.5 50.3
Labor freedom 48.4 41
Monetary freedom 65.1 72.1
Trade freedom 80.6 62
Investment freedom 70 65
Financial freedom 60 40

Economic freedom comparison by year

Uzbekistan
Vanuatu
1x
Year Economic freedom index
Uzbekistan Vanuatu
2026 60.3 61.1
2025 58 61.8
2024 55.9 62.2
2023 56.5 62.1
2022 55.7 62.9
2021 58.3 60.5
2020 57.2 60.7
2019 53.3 56.4
2018 51.5 69.5
2017 52.3 67.4
2016 46 60.8
2015 47 61.1
2014 46.5 59.5
2013 46 56.6
2012 45.8 56.6
2011 45.8 56.7
2010 47.5 56.4
2009 50.5 58.4
2008 51.9 -
2007 51.5 -
2006 48.7 -
2005 45.8 -
2004 39.1 -
2003 38.3 -
2002 38.5 -
2001 38.2 -
2000 38.1 -
1999 33.8 -
1998 31.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Uzbekistan is 60.3, ranking 94/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Uzbekistan Vanuatu
Services, % of GDP
45.2%
2024
59.1%
2022
Industry, % of GDP
31.8%
2024
7.37%
2022
Agriculture, forestry, and fishing, % of GDP
18.3%
2024
24.3%
2022
GNI, Atlas method
$110B
2024
$1.28B
2024
GNI per capita, PPP
$12,000
2024
$4,140
2024
Total reserves including gold
$41.2B
2024
$615M
2024
Total reserves ranking
50/177
2024
152/177
2024
Net foreign direct investment
-$2.81B
2024
-$9.21M
2022
Net inflows of foreign direct investment
$2.99B
2024
$28.9M
2024
Net outflows of foreign direct investment
$36.7M
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI
9.88%
2024
2.04%
2024
Poverty at national poverty lines
8.9%
2024
15.9%
2020
Gross capital formation, % of GDP
33.3%
2024
38.3%
2022

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/uzbekistan/vanuatu | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1979–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.