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Economy of Uzbekistan vs Yemen compared: GDP & Debt

Updated on by Georank team

Uzbekistan has a GDP of $115B compared to $21.6B for Yemen, ranking 66/197 and 125/197 by economy size, respectively.

Uzbekistan has $37.5B in government debt (32.7% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Uzbekistan vs Yemen GDP by year

Uzbekistan
Yemen
1x
Year GDP, current $
Uzbekistan Yemen
2024 $114,965,293,467 -
2023 $102,641,879,249 -
2022 $90,095,926,567 -
2021 $77,340,060,003 -
2020 $66,443,265,418 -
2019 $67,293,639,798 -
2018 $58,695,899,092 $21,606,160,663
2017 $69,703,222,283 $26,842,229,045
2016 $86,138,288,644 $31,317,825,274
2015 $86,196,264,755 $42,444,490,074
2014 $80,845,385,809 $43,228,585,321
2013 $73,180,037,915 $40,415,233,436
2012 $67,517,349,212 $35,401,331,610
2011 $60,178,909,297 $32,726,417,878
2010 $49,765,676,402 $30,906,749,533
2009 $33,689,223,673 $25,130,278,213
2008 $29,549,438,884 $26,910,855,807
2007 $22,311,393,928 $21,650,528,674
2006 $17,330,833,853 $19,063,143,370
2005 $14,307,509,839 $16,731,566,717
2004 $12,030,023,548 $13,867,634,371
2003 $10,134,453,435 $11,777,532,662
2002 $9,687,788,513 $10,693,430,511
2001 $11,401,421,329 $9,852,990,693
2000 $13,760,513,969 $9,679,316,770
1999 $17,078,465,982 $7,639,325,296
1998 $14,988,971,211 $6,322,175,566
1997 $14,744,603,774 $6,838,298,531
1996 $13,948,892,216 $6,496,163,616
1995 $13,350,461,265 $12,796,345,679
1994 $12,899,074,922 $28,019,483,764
1993 $13,099,920,056 $21,736,802,664
1992 $12,953,801,760 $17,959,367,194
1991 $13,800,167,712 $14,665,445,462
1990 $13,362,340,338 $12,643,821,569
1989 $11,948,815,258 -
1988 $10,722,799,639 -
1987 $8,523,160,593 -

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

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

GDP per capita in Uzbekistan vs Yemen by year

Uzbekistan
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Uzbekistan Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,162 $11,879 - -
2023 $2,879 $11,107 - -
2022 $2,579 $10,293 - -
2021 $2,259 $9,248 - -
2020 $1,978 $8,452 - -
2019 $2,041 $8,544 - -
2018 $1,813 $8,129 $634 -
2017 $2,191 $7,818 $811 -
2016 $2,753 $6,919 $975 -
2015 $2,803 $6,800 $1,362 -
2014 $2,675 $6,610 $1,430 -
2013 $2,462 $6,413 $1,379 $3,164
2012 $2,307 $6,168 $1,245 $3,005
2011 $2,088 $5,949 $1,186 $3,113
2010 $1,753 $5,505 $1,155 $3,603
2009 $1,206 $5,135 $969 $3,411
2008 $1,075 $4,800 $1,072 $3,370
2007 $824 $4,386 $890 $3,294
2006 $649 $3,956 $810 $3,205
2005 $543 $3,618 $734 $3,113
2004 $462 $3,321 $628 $2,949
2003 $394 $3,047 $549 $2,844
2002 $381 $2,902 $513 $2,768
2001 $454 $2,782 $487 $2,702
2000 $555 $2,644 $493 $2,624
1999 $698 $2,522 $401 $2,492
1998 $621 $2,418 $343 $2,442
1997 $621 $2,329 $383 $2,351
1996 $597 $2,214 $375 $2,268
1995 $583 $2,178 $764 $2,201
1994 $574 $2,197 $1,735 $2,115
1993 $596 $2,318 $1,397 $2,013
1992 $603 $2,371 $1,198 $1,963
1991 $658 $2,676 $1,016 $1,843
1990 $653 $2,665 $910 $1,742
1989 $598 - - -
1988 $551 - - -
1987 $450 - - -

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

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

Uzbekistan's GDP per capita is $3,162, ranking 139/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Uzbekistan ranks 125th at $11,879, while Yemen ranks 178th at $3,164.

Economic indicators

Uzbekistan Yemen
Gross domestic product
$115B
2024
$21.6B
2018
GDP rank
66/197
2024
125/197
2018
GDP growth
6.5%
2023-2024
0.75%
2017-2018
GDP per capita
$3,162
2024
$634
2018
GDP per capita rank
139/197
2024
191/197
2018
GDP per capita, PPP
$11,879
2024
$3,164
2013
GDP per capita PPP rank
125/197
2024
178/197
2013
Government debt
$37.5B
2024
$18.8B
2018
Debt-to-GDP ratio
32.7%
2024
70.9%
2024
Government debt per person
$1,032
2024
$551
2018
Government debt per person rank
141/185
2024
165/185
2018
Average annual personal income after taxes
$3,658
2026
$1,127
2026
Market capitalization of domestic companies
$18.8B
2024
n/a
Income share by richest 10%
25.7%
2024
29.4%
2014
Income share by poorest 10%
2.3%
2024
3%
2014
Government expenditure, % of GDP
27.6%
2024
8.91%
2024
Consumer prices inflation
9.6%
2023-2024
33.9%
2023-2024
Central bank interest rate
14%
2025
n/a
Unemployment rate
5.29%
2020
13.5%
2014
Population
37939105
43325643

Spending and national debt comparison by year

Uzbekistan
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Uzbekistan Yemen
Government spending Government debt Government spending Government debt
2024 27.6% 32.7% 8.91% 70.9%
2023 29.9% 32.2% 11.8% 77.9%
2022 31.3% 30.5% 12.2% 65.3%
2021 27.4% 31.7% 8.22% 75.9%
2020 26% 33.7% 10.6% 87%
2019 24.4% 25.4% 13.2% 91.5%
2018 22.2% 17.5% 14.3% 86.9%
2017 19.9% 17.3% 8.39% 83.8%
2016 23.3% 8.19% 16.1% 76.5%
2015 24.6% 6.72% 19.4% 57.7%
2014 24.9% 6.09% 27.8% 48.9%
2013 25.2% 6.23% 30.8% 48.4%
2012 23.9% 6.76% 36.2% 47.6%
2011 23.7% 6.33% 29.8% 45.7%
2010 26.4% 6.61% 30.2% 42.4%
2009 27.5% 7.3% 35.2% 49.8%
2008 26.5% 8.33% 41.2% 36.4%
2007 24.8% 9.56% 40.3% 40.4%
2006 24.7% 13.5% 37.4% 40.8%
2005 28.1% 21% 36.8% 43.8%
2004 29.4% 26.9% 34.2% 52.1%
2003 31.5% 31.4% 35.3% 56.8%
2002 34.6% 41.6% 30.8% 57.8%
2001 30.6% 44.8% 30.5% 60.6%
2000 32.9% 29.5% 31.7% 60.8%
1999 33.6% 18.4% 28.2% 96.1%
1998 35.1% 18% 34.3% 110.6%
1997 31.8% 15.3% 34.2% 74.2%
1996 35.1% - 30.7% 114.9%
1995 29.4% - 24.1% 84.1%
1994 27.1% - 25.2% 73.3%
1993 39.6% - 25.8% 76.7%
1992 18% - 24.6% 78%
1991 - - 24.7% 82.7%
1990 - - 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Uzbekistan's government spending was $31.7B, accounting for 27.6% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 32.7% in Uzbekistan and 70.9% in Yemen, ranking 152/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Uzbekistan

Yemen
1x
Year Deficit/surplus, % of GDP
Uzbekistan Yemen
2024 -2.37% -2.48%
2023 -4.03% -5.63%
2022 -3.65% -2.15%
2021 -4.1% -0.89%
2020 -2.95% -4.3%
2019 -0.3% -5.89%
2018 1.64% -7.85%
2017 1.04% -4.9%
2016 0.7% -8.51%
2015 -0.28% -8.75%
2014 1.9% -4.14%
2013 2.15% -6.9%
2012 5.89% -6.32%
2011 5.11% -4.51%
2010 2.56% -4.06%
2009 1.82% -10.2%
2008 5.97% -4.53%
2007 3.55% -7.18%
2006 2.72% 1.19%
2005 -3.52% -1.82%
2004 -3.74% -2.15%
2003 -4.87% -4.2%
2002 -6.31% -0.56%
2001 -3.28% 2.79%
2000 -3.66% 6.09%
1999 -2.91% 0.06%
1998 -3.04% -7.77%
1997 -2.05% -1.5%
1996 -1.57% -0.92%
1995 -1.77% -5.74%
1994 -4.47% -14%
1993 -12% -12.8%
1992 7.15% -10.9%
1991 - -5.76%
1990 - -10.3%

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

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

In 2018, Uzbekistan's government surplus, the difference between spending and revenue, was $962M, equivalent to 1.64% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 27 years, Uzbekistan recorded a fiscal deficit in 14 of those years, while Yemen ran a deficit in 23 years. On average, Uzbekistan posted an annual deficit equal to 0.42% of GDP, compared to deficit of 4.82% of GDP for Yemen.

Inflation comparison by year

Inflation
Uzbekistan

Yemen
1x
Year Consumer prices inflation
Uzbekistan Yemen
2024 9.6% 33.9%
2023 10% 0.9%
2022 11.4% 29.5%
2021 10.8% 31.5%
2020 12.9% 21.7%
2019 14.5% 15.7%
2018 17.5% 33.6%
2017 13.9% 30.4%
2016 8.8% 21.3%
2015 8.5% 22%
2014 9.1% 8.2%
2013 11.7% 11%
2012 11.9% 9.9%
2011 12.4% 19.5%
2010 12.3% 11.2%
2009 12.3% 3.7%
2008 13.1% 19%
2007 11.2% 7.9%
2006 13.1% 10.8%
2005 10.7% 9.9%
2004 7.3% 12.5%
2003 12.5% 10.8%
2002 27.3% 12.2%
2001 27.3% 11.9%
2000 25% 11%
1999 29.1% 7.9%
1998 29% 11.5%
1997 70.9% 4.6%

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

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

Over the past 28 years, Uzbekistan has recorded an average annual inflation rate of 16.6%, compared with 15.5% in Yemen. In 2024, inflation was 9.6% in Uzbekistan and 33.9% in Yemen.

Top exports between countries

Uzbekistan
Export category Export value
Manufacturing & construction services $246K
Processed food, beverages & tobacco $236K
Machinery & equipment $102K
Chemicals & pharma $51K
Metals $1K
Yemen
Export category Export value

Balance of trade

Uzbekistan Yemen
Current account balance
-$5.71B
2024
-$2.42B
2016
Current account balance ranking
169/190
2024
148/190
2016
Current account balance, % of GDP
-4.97%
2024
-7.72%
2016
Goods imports
$33.2B
2024
$6.8B
2016
Goods exports
$19.6B
2024
$473M
2016
Service imports
$10.5B
2024
$1.46B
2016
Service exports
$6.55B
2024
$466M
2016
Imports of goods and services, % of GDP
38%
2024
47.3%
2018
Exports of goods and services, % of GDP
22.8%
2024
8.76%
2018

Economic freedom indices

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

Uzbekistan Yemen
Economic freedom 60.3 53.7
Economic freedom ranking 94/197 138/197
Property rights 43.1 3.5
Government integrity 32 6.2
Judicial effectiveness 13.7 9.9
Tax burden 95 93.7
Government spending 73.7 0
Fiscal health 79.9 71.2
Business freedom 62.5 31.3
Labor freedom 48.4 31.2
Monetary freedom 65.1 48.1
Trade freedom 80.6 67.4
Investment freedom 70 50
Financial freedom 60 30

Economic freedom comparison by year

Uzbekistan
Yemen
1x
Year Economic freedom index
Uzbekistan Yemen
2026 60.3 -
2025 58 -
2024 55.9 -
2023 56.5 -
2022 55.7 -
2021 58.3 -
2020 57.2 -
2019 53.3 -
2018 51.5 -
2017 52.3 -
2016 46 -
2015 47 53.7
2014 46.5 55.5
2013 46 55.9
2012 45.8 55.3
2011 45.8 54.2
2010 47.5 54.4
2009 50.5 56.9
2008 51.9 53.8
2007 51.5 54.1
2006 48.7 52.6
2005 45.8 53.8
2004 39.1 50.5
2003 38.3 50.3
2002 38.5 48.6
2001 38.2 44.3
2000 38.1 44.5
1999 33.8 43.3
1998 31.5 46.1
1997 - 48.4
1996 - 49.6
1995 - 49.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Uzbekistan is 60.3, ranking 94/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Uzbekistan Yemen
Services, % of GDP
45.2%
2024
41.8%
2018
Industry, % of GDP
31.8%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
18.3%
2024
28.7%
2018
GNI, Atlas method
$110B
2024
$25.3B
2018
GNI per capita, PPP
$12,000
2024
$3,020
2013
Total reserves including gold
$41.2B
2024
$1.25B
2022
Total reserves ranking
50/177
2024
139/177
2022
Net foreign direct investment
-$2.81B
2024
$15.4M
2015
Net inflows of foreign direct investment
$2.99B
2024
-$371M
2019
Net outflows of foreign direct investment
$36.7M
2024
$0
2024
Servicing debt to the IMF, % of GNI
9.88%
2024
0.53%
2018
Poverty at national poverty lines
8.9%
2024
48.6%
2014
Gross capital formation, % of GDP
33.3%
2024
6.18%
2018

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/yemen | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  6. TradeMap (2018–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.