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Economy of Uzbekistan vs Venezuela compared: GDP & Debt

Updated on by Georank

Uzbekistan has a GDP of $147B compared to $99.7B for Venezuela, ranking 61/197 and 78/197 by economy size, respectively.

Uzbekistan has $42B in government debt (28.6% of GDP), compared to $308B (309% of GDP) in Venezuela.

Uzbekistan vs Venezuela GDP by year

Uzbekistan
Venezuela
1x
Year GDP, current $
Uzbekistan Venezuela
2025 $147,038,081,129 $99,661,244,156
2024 $121,356,065,241 $120,566,112,397
2023 $107,526,539,716 $102,377,501,186
2022 $94,286,355,836 $89,013,251,021
2021 $81,170,051,811 $56,615,026,263
2020 $70,127,127,133 $42,837,965,907
2019 $70,170,662,563 $73,014,157,108
2018 $61,318,332,403 $101,987,075,929
2017 $72,276,404,058 $115,892,475,743
2016 $97,871,364,319 $112,948,035,495
2015 $97,564,568,987 $125,249,941,854
2014 $91,303,765,114 $214,838,755,022
2013 $82,674,178,352 $258,512,396,298
2012 $75,318,846,931 $371,846,610,182
2011 $67,404,618,405 $316,482,190,800
2010 $55,544,226,553 $393,192,354,511
2009 $33,689,223,673 $329,787,628,928
2008 $29,549,438,884 $315,953,388,511
2007 $22,311,393,928 $230,364,012,576
2006 $17,330,833,853 $183,477,522,124
2005 $14,307,509,839 $145,513,489,652
2004 $12,030,023,548 $112,451,400,425
2003 $10,134,453,435 $83,620,628,582
2002 $9,687,788,513 $92,893,587,734
2001 $11,401,421,329 $122,911,036,747
2000 $13,760,513,969 $117,146,466,003
1999 $17,078,465,982 $97,972,842,462
1998 $14,988,971,211 $91,336,763,255
1997 $14,744,603,774 $85,837,678,560
1996 $13,948,892,216 $70,543,211,119
1995 $13,350,461,265 $77,389,487,770
1994 $12,899,074,922 $58,418,666,667
1993 $13,099,920,056 $60,037,460,783
1992 $12,953,801,760 $60,416,519,620
1991 $13,800,167,712 $53,453,444,787
1990 $13,362,340,338 $48,606,952,195
1989 $11,948,815,258 $43,536,709,104
1988 $10,722,799,639 $60,226,413,793
1987 $8,523,160,593 $48,029,034,483
1986 - $60,516,123,711
1985 - $61,965,466,667
1984 - $59,867,743,468
1983 - $67,556,279,070
1982 - $67,736,744,186
1981 - $66,327,441,860
1980 - $59,116,511,628
1979 - $48,310,930,233
1978 - $39,316,279,070
1977 - $36,210,697,674
1976 - $31,419,534,884
1975 - $27,464,651,163
1974 - $26,100,930,233
1973 - $17,035,581,395
1972 - $13,977,727,273
1971 - $12,986,590,909
1970 - $11,561,111,111
1969 - $10,285,111,111
1968 - $10,034,444,444
1967 - $9,250,000,000
1966 - $8,781,333,333
1965 - $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Uzbekistan vs Venezuela by year

Uzbekistan
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Uzbekistan Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,968 - $3,495 -
2024 $3,337 $11,879 $4,244 -
2023 $3,016 $11,107 $3,617 -
2022 $2,699 $10,293 $3,155 -
2021 $2,370 $9,248 $2,005 -
2020 $2,088 $8,452 $1,506 -
2019 $2,129 $8,544 $2,523 -
2018 $1,894 $8,129 $3,422 -
2017 $2,271 $7,818 $3,792 -
2016 $3,128 $6,919 $3,671 -
2015 $3,173 $6,800 $4,097 -
2014 $3,021 $6,610 $7,101 -
2013 $2,781 $6,413 $8,642 -
2012 $2,574 $6,168 $12,582 -
2011 $2,339 $5,949 $10,844 $21,241
2010 $1,957 $5,505 $13,646 $20,236
2009 $1,206 $5,135 $11,597 $20,562
2008 $1,075 $4,800 $11,262 $21,402
2007 $824 $4,386 $8,332 $20,236
2006 $649 $3,956 $6,739 $18,399
2005 $543 $3,618 $5,432 $16,511
2004 $462 $3,321 $4,269 $14,757
2003 $394 $3,047 $3,230 $12,359
2002 $381 $2,902 $3,652 $13,375
2001 $454 $2,782 $4,920 $14,714
2000 $555 $2,644 $4,776 $14,174
1999 $698 $2,522 $4,071 $13,623
1998 $621 $2,418 $3,870 $14,568
1997 $621 $2,329 $3,711 $14,655
1996 $597 $2,214 $3,113 $13,824
1995 $583 $2,178 $3,487 $13,890
1994 $574 $2,197 $2,689 $13,370
1993 $596 $2,318 $2,825 $13,702
1992 $603 $2,371 $2,907 $13,652
1991 $658 $2,676 $2,633 $12,880
1990 $653 $2,665 $2,452 $11,628
1989 $598 - $2,250 -
1988 $551 - $3,191 -
1987 $450 - $2,611 -
1986 - - $3,376 -
1985 - - $3,549 -
1984 - - $3,520 -
1983 - - $4,079 -
1982 - - $4,202 -
1981 - - $4,228 -
1980 - - $3,874 -
1979 - - $3,257 -
1978 - - $2,727 -
1977 - - $2,585 -
1976 - - $2,309 -
1975 - - $2,078 -
1974 - - $2,034 -
1973 - - $1,367 -
1972 - - $1,155 -
1971 - - $1,106 -
1970 - - $1,015 -
1969 - - $932 -
1968 - - $938 -
1967 - - $893 -
1966 - - $876 -
1965 - - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Uzbekistan's GDP per capita is $3,968, ranking 134/197, compared to $3,495 in Venezuela, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Uzbekistan ranks 125th at $11,879, while Venezuela ranks 93rd at $21,241.

Economic indicators

Uzbekistan Venezuela
Gross domestic product
$147B
2025
$99.7B
2025
GDP rank
61/197
2025
78/197
2025
GDP growth
7.7%
2024-2025
1.57%
2024-2025
GDP per capita
$3,968
2025
$3,495
2025
GDP per capita rank
134/197
2025
138/197
2025
GDP per capita, PPP
$11,879
2024
$21,241
2011
GDP per capita PPP rank
125/197
2024
93/197
2011
Government debt
$42B
2025
$308B
2025
Debt-to-GDP ratio
28.6%
2025
309%
2025
Government debt per person
$1,134
2025
$10,790
2025
Government debt per person rank
139/185
2025
58/185
2025
Average annual personal income after taxes
$3,560
2026
$2,659
2026
Market capitalization of domestic companies
$23.7B
2025
$3.98B
2002
Number of billionaires n/a
1
2026
Income share by richest 10%
24.2%
2025
33.2%
2006
Income share by poorest 10%
2.4%
2025
1.2%
2006
Government expenditure, % of GDP
27.4%
2025
20.3%
2025
Consumer prices inflation
8.8%
2024-2025
252%
2024-2025
Central bank interest rate
14%
2025
58.9%
2026
Unemployment rate
5.29%
2020
7.53%
2020
Population
38082870
28692435

Spending and national debt comparison by year

Uzbekistan
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Uzbekistan Venezuela
Government spending Government debt Government spending Government debt
2025 27.4% 28.6% 20.3% 309%
2024 26.1% 30.9% 17.5% 169.1%
2023 28.6% 30.7% 13.1% 138.5%
2022 30% 29.2% 15.1% 164.4%
2021 26.1% 30.2% 13.1% 254.2%
2020 24.7% 31.9% 11.2% 337%
2019 23.4% 24.3% 21% 206%
2018 21.2% 16.7% 37.9% 175.3%
2017 19.9% 17.3% 21.8% 133.6%
2016 20.5% 7.21% 19.7% 138.4%
2015 21.7% 5.94% 22.9% 129.8%
2014 22% 5.39% 31.6% 84.9%
2013 22.3% 5.51% 36.5% 85.4%
2012 21.5% 6.06% 38% 58.4%
2011 21.1% 5.65% 39.4% 52.5%
2010 23.7% 5.92% 31.1% 37.7%
2009 24.7% 6.57% 33.3% 27.6%
2008 23.8% 7.5% 34.9% 20.3%
2007 22.4% 8.6% 35.9% 26.4%
2006 22.3% 12.2% 39.3% 25.7%
2005 25.3% 18.9% 33.5% 34.9%
2004 26.5% 24.2% 31.9% 41.8%
2003 28.4% 28.3% 32.2% 56%
2002 31.2% 37.5% 31% 48.2%
2001 27.6% 40.4% 31.9% 30.7%
2000 29.6% 26.5% 28.3% 27.7%
1999 30.3% 16.6% 26.1% 29.6%
1998 31.6% 16.2% 28.8% 30.7%
1997 28.7% 13.8% 31% 34.8%
1996 31.6% - 27.7% 45.9%
1995 26.5% - 32.9% 45.9%
1994 24.4% - 42.2% 63.9%
1993 35.6% - 27.7% 57.7%
1992 16.2% - 30.6% 54.8%
1991 - - 33.9% 62.2%
1990 - - 31.9% 63.3%
1989 - - 32.5% 61.8%
1988 - - 33.2% 46.3%
1987 - - 25.1% 58.3%
1986 - - 21.5% 45.9%
1985 - - 20.3% 34.1%
1984 - - 19.7% 36.4%
1983 - - 25.3% 21.4%
1982 - - 29% 18.6%
1981 - - 29.6% 18.9%
1980 - - 22% 16.6%
1979 - - 22.3% 19.2%
1978 - - 29.2% 16.6%
1977 - - 30.6% 12.7%
1976 - - 26.6% 9.64%
1975 - - 33.8% 8.31%
1974 - - 35.3% 7.72%
1973 - - 20% 9.78%
1972 - - 21.3% 10.6%
1971 - - 19.6% 9.64%
1970 - - 19.5% 10.6%
1969 - - 21% 9.91%
1968 - - 19.8% 7.84%
1967 - - 19.8% 6.74%
1966 - - 19.1% 5.84%
1965 - - 18.7% 5.46%
1964 - - 17.9% 4.95%
1963 - - 18.7% 6.3%
1962 - - 17.6% 7.24%
1961 - - 11.8% 8.79%
1960 - - 23.7% 8.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-07-08).

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

In 2025, Uzbekistan's government spending was $40.2B, accounting for 27.4% of its GDP, while Venezuela spent $20.2B, or 20.3% of GDP.

Debt-to-GDP ratio is 28.6% in Uzbekistan and 309% in Venezuela, ranking 159/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Uzbekistan

Venezuela
1x
Year Deficit/surplus, % of GDP
Uzbekistan Venezuela
2025 -1.66% -5.84%
2024 -2.25% -3.67%
2023 -3.85% -1.25%
2022 -3.49% -5.29%
2021 -3.9% -5.85%
2020 -2.8% -6.63%
2019 -0.29% -10.9%
2018 1.57% -31%
2017 1.04% -13.3%
2016 0.62% -8.46%
2015 -0.24% -8.06%
2014 1.68% -9.81%
2013 1.9% -10.4%
2012 5.28% -9.86%
2011 4.56% -8.24%
2010 2.29% -4.74%
2009 1.64% -8.69%
2008 5.38% -3.46%
2007 3.2% -2.82%
2006 2.45% -1.6%
2005 -3.17% 4.09%
2004 -3.37% 2.47%
2003 -4.39% 0.17%
2002 -5.69% -1.48%
2001 -2.95% -4.59%
2000 -3.29% 4.45%
1999 -2.62% 0.74%
1998 -2.74% -4.49%
1997 -1.85% 2.58%
1996 -1.41% 7.94%
1995 -1.59% -5.86%
1994 -4.03% -11.2%
1993 -10.8% -2.92%
1992 6.44% -6.37%
1991 - -2.28%
1990 - 3.84%
1989 - -0.91%
1988 - -9.24%
1987 - -7.47%
1986 - 0.82%
1985 - 6.97%
1984 - 5.33%
1983 - 1.24%
1982 - -0.17%
1981 - 4.74%
1980 - 4.41%
1979 - -3.07%
1978 - -5.44%
1977 - -4.69%
1976 - 1.65%
1975 - 0.88%
1974 - 2.76%
1973 - 1.98%
1972 - 0.42%
1971 - 0.78%
1970 - -1.22%
1969 - -2.17%
1968 - -0.32%
1967 - 0.51%
1966 - 0.23%
1965 - 0.39%
1964 - 1.91%
1963 - 1.92%
1962 - 2.14%
1961 - -1.91%
1960 - -4.08%
1959 - -4.98%
1958 - -4.86%
1957 - 6.7%
1956 - 0.76%
1955 - 0.38%
1954 - 1.84%
1953 - 0.03%
1952 - -0.5%
1951 - -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Uzbekistan's government deficit, the difference between spending and revenue, was $2.43B, equivalent to 1.66% of GDP. This compares to Venezuela's deficit of $5.82B, or 5.84% of GDP.

Over the past 34 years, Uzbekistan recorded a fiscal deficit in 21 of those years, while Venezuela ran a deficit in 27 years. On average, Uzbekistan posted an annual deficit equal to 0.83% of GDP, compared to deficit of 5.13% of GDP for Venezuela.

Inflation comparison by year

Inflation
Uzbekistan

Venezuela
1x
Year Consumer prices inflation
Uzbekistan Venezuela
2025 8.8% 252%
2024 9.6% 49.4%
2023 10% 338%
2022 11.4% 186.5%
2021 10.8% 1,589%
2020 12.9% 2,355%
2019 14.5% 19,906%
2018 17.5% 65,374%
2017 13.9% 438%
2016 8.8% 254.9%
2015 8.5% 121.7%
2014 9.1% 62.2%
2013 11.7% 40.6%
2012 11.9% 21.1%
2011 12.4% 26.1%
2010 12.3% 28.2%
2009 12.3% 26%
2008 13.1% 31.4%
2007 11.2% 18.7%
2006 13.1% 13.7%
2005 10.7% 16%
2004 7.3% 21.7%
2003 12.5% 31.1%
2002 27.3% 22.4%
2001 27.3% 12.5%
2000 25% 16.2%
1999 29.1% 23.6%
1998 29% 35.8%
1997 70.9% 50%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Uzbekistan has recorded an average annual inflation rate of 16.3%, compared with 3,150% in Venezuela. In 2025, inflation was 8.8% in Uzbekistan and 252% in Venezuela.

Top exports between countries

Uzbekistan
Export category Export value
Chemicals & pharma $678K
Textiles & consumer goods $344K
Raw materials & minerals $45K
Venezuela
Export category Export value

Balance of trade

Uzbekistan Venezuela
Current account balance
-$5.78B
2025
-$3.87B
2016
Current account balance ranking
167/190
2025
155/190
2016
Current account balance, % of GDP
-3.93%
2025
-3.43%
2016
Goods imports
$38.5B
2025
$16.3B
2016
Goods exports
$23B
2025
$27.4B
2016
Service imports
$13.6B
2025
$9.47B
2016
Service exports
$9.27B
2025
$1.28B
2016
Imports of goods and services, % of GDP
35.4%
2025
10.1%
2025
Exports of goods and services, % of GDP
22%
2025
14.9%
2025

Economic freedom indices

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

Uzbekistan Venezuela
Economic freedom 60.3 27.3
Economic freedom ranking 94/197 194/197
Property rights 43.1 0
Government integrity 32 6.9
Judicial effectiveness 13.7 5.1
Tax burden 95 73.4
Government spending 73.7 93
Fiscal health 79.9 29.1
Business freedom 62.5 31.1
Labor freedom 48.4 35.5
Monetary freedom 65.1 0
Trade freedom 80.6 43.2
Investment freedom 70 0
Financial freedom 60 10

Economic freedom comparison by year

Uzbekistan
Venezuela
1x
Year Economic freedom index
Uzbekistan Venezuela
2026 60.3 27.3
2025 58 27.6
2024 55.9 28.1
2023 56.5 25.8
2022 55.7 24.8
2021 58.3 24.7
2020 57.2 25.2
2019 53.3 25.9
2018 51.5 25.2
2017 52.3 27
2016 46 33.7
2015 47 34.3
2014 46.5 36.3
2013 46 36.1
2012 45.8 38.1
2011 45.8 37.6
2010 47.5 37.1
2009 50.5 39.9
2008 51.9 44.7
2007 51.5 47.9
2006 48.7 44.6
2005 45.8 45.2
2004 39.1 46.7
2003 38.3 54.8
2002 38.5 54.7
2001 38.2 54.6
2000 38.1 57.4
1999 33.8 56.1
1998 31.5 54
1997 - 52.8
1996 - 54.5
1995 - 59.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Uzbekistan is 60.3, ranking 94/197, compared to 27.3 for Venezuela, ranking 194/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Uzbekistan Venezuela
Services, % of GDP
46.5%
2025
51.7%
2014
Industry, % of GDP
32.5%
2025
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
5.03%
2014
GNI, Atlas method
$136B
2025
$110B
2025
GNI per capita, PPP
$13,640
2025
$20,840
2011
Total reserves including gold
$41.2B
2024
$9.79B
2017
Total reserves ranking
53/177
2024
80/177
2017
Net foreign direct investment
-$4.24B
2025
-$27M
2016
Net inflows of foreign direct investment
$2.97B
2024
$1.63B
2024
Net outflows of foreign direct investment
$36.7M
2024
$2.6B
2024
Servicing debt to the IMF, % of GNI
9.37%
2024
n/a
Poverty at national poverty lines
5.8%
2025
33.1%
2015
Gross capital formation, % of GDP
33.3%
2025
5.93%
2025

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/venezuela | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1920–1997, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.