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Economy of Uzbekistan vs Zambia compared: GDP & Debt

Updated on by Georank

Uzbekistan has a GDP of $147B compared to $28.9B for Zambia, ranking 61/197 and 116/197 by economy size, respectively.

Uzbekistan has $42B in government debt (28.6% of GDP), compared to $24.8B (86% of GDP) in Zambia.

Uzbekistan vs Zambia GDP by year

Uzbekistan
Zambia
1x
Year GDP, current $
Uzbekistan Zambia
2025 $147,038,081,129 $28,879,806,220
2024 $121,356,065,241 $25,303,185,342
2023 $107,526,539,716 $27,577,956,471
2022 $94,286,355,836 $29,163,782,140
2021 $81,170,051,811 $22,096,416,932
2020 $70,127,127,133 $18,137,764,931
2019 $70,170,662,563 $23,308,667,781
2018 $61,318,332,403 $26,311,507,274
2017 $72,276,404,058 $25,873,601,261
2016 $97,871,364,319 $20,958,412,538
2015 $97,564,568,987 $21,251,216,799
2014 $91,303,765,114 $27,141,023,558
2013 $82,674,178,352 $28,037,239,463
2012 $75,318,846,931 $25,503,060,420
2011 $67,404,618,405 $23,459,515,276
2010 $55,544,226,553 $20,265,559,484
2009 $33,689,223,673 $15,328,342,304
2008 $29,549,438,884 $17,910,858,638
2007 $22,311,393,928 $14,056,957,976
2006 $17,330,833,853 $12,756,858,899
2005 $14,307,509,839 $8,331,870,169
2004 $12,030,023,548 $6,221,110,219
2003 $10,134,453,435 $4,901,869,764
2002 $9,687,788,513 $4,193,850,445
2001 $11,401,421,329 $4,094,441,301
2000 $13,760,513,969 $3,600,632,111
1999 $17,078,465,982 $3,404,284,891
1998 $14,988,971,211 $3,537,741,942
1997 $14,744,603,774 $4,303,288,480
1996 $13,948,892,216 $3,597,220,962
1995 $13,350,461,265 $3,806,983,413
1994 $12,899,074,922 $3,656,806,166
1993 $13,099,920,056 $3,273,505,344
1992 $12,953,801,760 $3,182,810,841
1991 $13,800,167,712 $3,376,806,697
1990 $13,362,340,338 $3,288,381,797
1989 $11,948,815,258 $3,994,673,161
1988 $10,722,799,639 $3,728,878,149
1987 $8,523,160,593 $2,265,250,972
1986 - $1,664,413,508
1985 - $2,252,454,500
1984 - $2,719,518,933
1983 - $3,321,048,451
1982 - $3,871,117,093
1981 - $4,008,126,497
1980 - $3,884,530,854
1979 - $3,353,445,378
1978 - $2,811,032,473
1977 - $2,515,296,940
1976 - $2,742,859,263
1975 - $2,442,672,141
1974 - $2,910,981,262
1973 - $2,434,255,237
1972 - $1,872,416,680
1971 - $1,653,259,341
1970 - $1,788,779,285
1969 - $1,926,399,230
1968 - $1,573,739,371
1967 - $1,340,639,464
1966 - $1,238,999,505
1965 - $1,061,199,576
1964 - $822,639,671
1963 - $704,339,719
1962 - $679,279,729
1961 - $682,359,727
1960 - $698,739,721

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

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

GDP per capita in Uzbekistan vs Zambia by year

Uzbekistan
GDP per capita

GDP per capita, PPP
Zambia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Uzbekistan Zambia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,968 - $1,318 -
2024 $3,337 $11,879 $1,187 $4,215
2023 $3,016 $11,107 $1,331 $4,077
2022 $2,699 $10,293 $1,447 $3,841
2021 $2,370 $9,248 $1,127 $3,503
2020 $2,088 $8,452 $952 $3,157
2019 $2,129 $8,544 $1,259 $3,361
2018 $1,894 $8,129 $1,464 $3,442
2017 $2,271 $7,818 $1,483 $3,392
2016 $3,128 $6,919 $1,239 $3,313
2015 $3,173 $6,800 $1,296 $3,337
2014 $3,021 $6,610 $1,707 $3,441
2013 $2,781 $6,413 $1,821 $3,477
2012 $2,574 $6,168 $1,710 $3,324
2011 $2,339 $5,949 $1,625 $3,228
2010 $1,957 $5,505 $1,451 $3,098
2009 $1,206 $5,135 $1,136 $2,872
2008 $1,075 $4,800 $1,376 $2,708
2007 $824 $4,386 $1,119 $2,555
2006 $649 $3,956 $1,052 $2,378
2005 $543 $3,618 $711 $2,213
2004 $462 $3,321 $549 $2,068
2003 $394 $3,047 $446 $1,942
2002 $381 $2,902 $394 $1,837
2001 $454 $2,782 $397 $1,785
2000 $555 $2,644 $359 $1,709
1999 $698 $2,522 $350 $1,654
1998 $621 $2,418 $373 $1,601
1997 $621 $2,329 $466 $1,631
1996 $597 $2,214 $400 $1,585
1995 $583 $2,178 $433 $1,501
1994 $574 $2,197 $426 $1,464
1993 $596 $2,318 $391 $1,607
1992 $603 $2,371 $389 $1,505
1991 $658 $2,676 $423 $1,534
1990 $653 $2,665 $422 $1,522
1989 $598 - $526 -
1988 $551 - $504 -
1987 $450 - $315 -
1986 - - $238.2 -
1985 - - $332 -
1984 - - $413 -
1983 - - $520 -
1982 - - $627 -
1981 - - $670 -
1980 - - $669 -
1979 - - $595 -
1978 - - $514 -
1977 - - $474 -
1976 - - $533 -
1975 - - $490 -
1974 - - $601 -
1973 - - $518 -
1972 - - $410 -
1971 - - $372 -
1970 - - $414 -
1969 - - $459 -
1968 - - $387 -
1967 - - $341 -
1966 - - $325 -
1965 - - $287.4 -
1964 - - $230 -
1963 - - $203.2 -
1962 - - $202.3 -
1961 - - $209.7 -
1960 - - $221.6 -

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

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

Uzbekistan's GDP per capita is $3,968, ranking 134/197, compared to $1,318 in Zambia, ranking 170/197. Adjusted for purchasing power (GDP per capita PPP), Uzbekistan ranks 125th at $11,879, while Zambia ranks 166th at $4,215.

Economic indicators

Uzbekistan Zambia
Gross domestic product
$147B
2025
$28.9B
2025
GDP rank
61/197
2025
116/197
2025
GDP growth
7.7%
2024-2025
3.76%
2024-2025
GDP per capita
$3,968
2025
$1,318
2025
GDP per capita rank
134/197
2025
170/197
2025
GDP per capita, PPP
$11,879
2024
$4,215
2024
GDP per capita PPP rank
125/197
2024
166/197
2024
Government debt
$42B
2025
$24.8B
2025
Debt-to-GDP ratio
28.6%
2025
86%
2025
Government debt per person
$1,134
2025
$1,133
2025
Government debt per person rank
139/185
2025
140/185
2025
Average annual personal income after taxes
$3,560
2026
$1,538
2026
Market capitalization of domestic companies
$23.7B
2025
$14.9B
2025
Income share by richest 10%
24.2%
2025
39.1%
2022
Income share by poorest 10%
2.4%
2025
1.5%
2022
Government expenditure, % of GDP
27.4%
2025
29.7%
2025
Consumer prices inflation
8.8%
2024-2025
13.9%
2024-2025
Central bank interest rate
14%
2025
13.3%
2026
Unemployment rate
5.29%
2020
5.67%
2024
Population
38082870
22844606

Spending and national debt comparison by year

Uzbekistan
Spending

Debt
Zambia
Spending

Debt
1x
Year % of GDP
Uzbekistan Zambia
Government spending Government debt Government spending Government debt
2025 27.4% 28.6% 29.7% 86%
2024 26.1% 30.9% 26.5% 125.2%
2023 28.6% 30.7% 27.4% 129.1%
2022 30% 29.2% 28.2% 99.5%
2021 26.1% 30.2% 30.5% 111%
2020 24.7% 31.9% 34% 140%
2019 23.4% 24.3% 29.8% 103.3%
2018 21.2% 16.7% 27.7% 81.2%
2017 19.9% 17.3% 25% 66.6%
2016 20.5% 7.21% 23.9% 61.2%
2015 21.7% 5.94% 27.6% 61.9%
2014 22% 5.39% 24.3% 33.9%
2013 22.3% 5.51% 24% 25.9%
2012 21.5% 6.06% 21.9% 24.9%
2011 21.1% 5.65% 19.5% 20.8%
2010 23.7% 5.92% 18.1% 18.9%
2009 24.7% 6.57% 17.8% 20.5%
2008 23.8% 7.5% 19.5% 19.2%
2007 22.4% 8.6% 19.9% 21.9%
2006 22.3% 12.2% 19.7% 25%
2005 25.3% 18.9% 22.5% 75.7%
2004 26.5% 24.2% 23.3% 129.9%
2003 28.4% 28.3% 27.3% 159.5%
2002 31.2% 37.5% 27.6% 180.2%
2001 27.6% 40.4% 28% 210.2%
2000 29.6% 26.5% 21.4% 261%
1999 30.3% 16.6% - -
1998 31.6% 16.2% - -
1997 28.7% 13.8% - -
1996 31.6% - - -
1995 26.5% - - -
1994 24.4% - - -
1993 35.6% - - -
1992 16.2% - - -

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

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

In 2025, Uzbekistan's government spending was $40.2B, accounting for 27.4% of its GDP, while Zambia spent $8.58B, or 29.7% of GDP.

Debt-to-GDP ratio is 28.6% in Uzbekistan and 86% in Zambia, ranking 159/185 and 35/185, respectively.

Government deficit by year

Deficit/surplus
Uzbekistan

Zambia
1x
Year Deficit/surplus, % of GDP
Uzbekistan Zambia
2025 -1.66% -3.83%
2024 -2.25% -3.46%
2023 -3.85% -5.48%
2022 -3.49% -7.82%
2021 -3.9% -8.13%
2020 -2.8% -13.8%
2019 -0.29% -9.41%
2018 1.57% -8.31%
2017 1.04% -7.5%
2016 0.62% -5.69%
2015 -0.24% -8.88%
2014 1.68% -5.43%
2013 1.9% -6.4%
2012 5.28% -3.16%
2011 4.56% -1.78%
2010 2.29% -2.43%
2009 1.64% -2.06%
2008 5.38% -0.67%
2007 3.2% -1.04%
2006 2.45% 16.9%
2005 -3.17% -2.37%
2004 -3.37% -2.51%
2003 -4.39% -5.31%
2002 -5.69% -4.5%
2001 -2.95% -5.89%
2000 -3.29% 1.16%
1999 -2.62% -
1998 -2.74% -
1997 -1.85% -
1996 -1.41% -
1995 -1.59% -
1994 -4.03% -
1993 -10.8% -
1992 6.44% -

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

GeoRank.org/economy/uzbekistan/zambia | 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 Zambia's deficit of $1.11B, or 3.83% of GDP.

Over the past 26 years, Uzbekistan recorded a fiscal deficit in 14 of those years, while Zambia ran a deficit in 24 years. On average, Uzbekistan posted an annual deficit equal to 0.37% of GDP, compared to deficit of 4.14% of GDP for Zambia.

Inflation comparison by year

Inflation
Uzbekistan

Zambia
1x
Year Consumer prices inflation
Uzbekistan Zambia
2025 8.8% 13.9%
2024 9.6% 15%
2023 10% 10.9%
2022 11.4% 11%
2021 10.8% 22%
2020 12.9% 15.7%
2019 14.5% 9.2%
2018 17.5% 7.5%
2017 13.9% 6.6%
2016 8.8% 17.9%
2015 8.5% 10.1%
2014 9.1% 7.8%
2013 11.7% 7%
2012 11.9% 6.6%
2011 12.4% 8.7%
2010 12.3% 8.5%
2009 12.3% 13.4%
2008 13.1% 12.4%
2007 11.2% 10.7%
2006 13.1% 9%
2005 10.7% 18.3%
2004 7.3% 18%
2003 12.5% 21.4%
2002 27.3% 22.2%
2001 27.3% 21.4%
2000 25% 24.1%
1999 29.1% 23.9%
1998 29% 22.7%
1997 70.9% 21.4%

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

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

Over the past 29 years, Uzbekistan has recorded an average annual inflation rate of 16.3%, compared with 14.4% in Zambia. In 2025, inflation was 8.8% in Uzbekistan and 13.9% in Zambia.

Top exports between countries

Uzbekistan
Export category Export value
Machinery & equipment $19K
Processed food, beverages & tobacco $3K
Metals $1K
Business & finance services $1K
Zambia
Export category Export value
Machinery & equipment $71K
Miscellaneous $5K

Balance of trade

Uzbekistan Zambia
Current account balance
-$5.78B
2025
-$1.12B
2024
Current account balance ranking
167/190
2025
121/190
2024
Current account balance, % of GDP
-3.93%
2025
-4.41%
2024
Goods imports
$38.5B
2025
$10.1B
2024
Goods exports
$23B
2025
$11.4B
2024
Service imports
$13.6B
2025
$1.99B
2024
Service exports
$9.27B
2025
$1.38B
2024
Imports of goods and services, % of GDP
35.4%
2025
27.6%
2024
Exports of goods and services, % of GDP
22%
2025
35%
2024

Economic freedom indices

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

Uzbekistan Zambia
Economic freedom 60.3 51.9
Economic freedom ranking 94/197 152/197
Property rights 43.1 43.9
Government integrity 32 39.3
Judicial effectiveness 13.7 45
Tax burden 95 74.3
Government spending 73.7 78.1
Fiscal health 79.9 30.9
Business freedom 62.5 53.4
Labor freedom 48.4 48.8
Monetary freedom 65.1 66.6
Trade freedom 80.6 62.8
Investment freedom 70 40
Financial freedom 60 40

Economic freedom comparison by year

Uzbekistan
Zambia
1x
Year Economic freedom index
Uzbekistan Zambia
2026 60.3 51.9
2025 58 50.9
2024 55.9 48.4
2023 56.5 47.8
2022 55.7 48.7
2021 58.3 50.4
2020 57.2 53.5
2019 53.3 53.6
2018 51.5 54.3
2017 52.3 55.8
2016 46 58.8
2015 47 58.7
2014 46.5 60.4
2013 46 58.7
2012 45.8 58.3
2011 45.8 59.7
2010 47.5 58
2009 50.5 56.6
2008 51.9 56.2
2007 51.5 56.2
2006 48.7 56.8
2005 45.8 55
2004 39.1 54.9
2003 38.3 55.3
2002 38.5 59.6
2001 38.2 59.5
2000 38.1 62.8
1999 33.8 64.2
1998 31.5 62.7
1997 - 62.1
1996 - 59.6
1995 - 55.1

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

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

The Economic Freedom Index for Uzbekistan is 60.3, ranking 94/197, compared to 51.9 for Zambia, ranking 152/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Uzbekistan Zambia
Services, % of GDP
46.5%
2025
57%
2025
Industry, % of GDP
32.5%
2025
35.3%
2025
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
4.11%
2025
GNI, Atlas method
$136B
2025
$26.2B
2025
GNI per capita, PPP
$13,640
2025
$3,990
2025
Total reserves including gold
$41.2B
2024
$4.09B
2024
Total reserves ranking
53/177
2024
111/177
2024
Net foreign direct investment
-$4.24B
2025
-$2.05B
2024
Net inflows of foreign direct investment
$2.97B
2024
$2.36B
2024
Net outflows of foreign direct investment
$36.7M
2024
$311M
2024
Servicing debt to the IMF, % of GNI
9.37%
2024
17.3%
2024
Poverty at national poverty lines
5.8%
2025
60%
2022
Gross capital formation, % of GDP
33.3%
2025
23.8%
2024

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/zambia | 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 (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2018–2024, 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.