Uzbekistan Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Uzbekistan's budget deficit was -2.36% in 2025, ranked 72nd globally. This represents a 0.4% increase from 2024. Data from IMF WEO, covering 1992–2025.
Overview
Uzbekistan's budget deficit stood at -2.36% in 2025, a rise of +0.01% from 2024. The IMF projects -2.36% by 2025. Uzbekistan ranked 72nd globally.
Uzbekistan’s budget deficit has narrowed sharply since the early 1990s, falling from an all‑time peak of 7.15 percent of GDP in 1992 to a deep trough of –11.95 percent in 1993, before stabilising around modest deficits in the subsequent decades. By 2025 the deficit stood at –2.36 percent, ranking 72nd globally and placing Uzbekistan close to peers such as Georgia (–2.27 percent) and Peru (–2.42 percent). The rapid contraction after the post‑Soviet shock reflects fiscal consolidation measures and improved tax administration, while the recent modest negative gap indicates a balanced approach between expenditure restraint and revenue mobilisation. Over the 34‑year series, the deficit’s volatility has diminished, suggesting a more predictable fiscal stance. Continued structural reforms, especially in public‑sector efficiency and broadening the tax base, could further reduce the deficit and sustain the downward trajectory observed in recent years.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.33% | - | - |
| 2029* IMF | -2.34% | - | - |
| 2028* IMF | -2.34% | - | - |
| 2027* IMF | -2.39% | - | - |
| 2026* IMF | -2.30% | - | - |
| 2025* IMF | -2.36% | - | - |
| 2025 | -2.36% | +0.01% | #72 |
| 2024 | -2.37% | +1.66% | #102 |
| 2023 | -4.03% | −0.38% | #66 |
| 2022 | -3.65% | +0.45% | #81 |
| 2021 | -4.10% | −1.15% | #94 |
| 2020 | -2.95% | −2.65% | #149 |
| 2019 | -0.30% | −1.94% | #126 |
| 2018 | 1.64% | +0.60% | #158 |
| 2017 | 1.04% | +0.34% | #161 |
| 2016 | 0.70% | +0.98% | #164 |
| 2015 | -0.28% | −2.18% | #158 |
| 2014 | 1.90% | −0.25% | #166 |
| 2013 | 2.15% | −3.73% | #172 |
| 2012 | 5.89% | +0.78% | #175 |
| 2011 | 5.11% | +2.55% | #177 |
Detected Pattern
Analysis
Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Uzbekistan's budget deficit was -2.36% in 2025. Ranked 72nd globally. This represents a 0.4% increase from the previous year.
Uzbekistan's budget deficit peaked at 7.15% in 1992.
The lowest budget deficit in Uzbekistan was -11.95% in 1993.
Uzbekistan ranks 72nd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Uzbekistan's budget deficit is projected to reach -2.36% by 2025 based on IMF projection.
The budget deficit of Uzbekistan in 2025 was -2.36%. This ranks 72nd in the world.
Cite this page
@misc{historysaid_uzbekistan_budget-deficit,
title = {Uzbekistan Budget Deficit},
url = {https://historysaid.com/uzbekistan/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}