Home → Uzbekistan → Money → Credit to GDP

Uzbekistan Credit to GDP

Domestic credit to private sector as % of GDP  FS.AST.PRVT.GD.ZS

Uzbekistan's credit to gdp was 34.20% in 2025, ranked 88th globally. This represents a 3.0% increase from 2024. Data from World Bank, covering 2013–2025.

34.20% +1.00% (+3.0%)
Year 2025 Rank #88 Global Peak 34.36% (2023) Source World Bank

Uzbekistan Credit to GDP (2013–2025)

Overview

Uzbekistan's credit to gdp stood at 34.20% in 2025, a rise of +1.00% from 2024. Based on recent trends, this figure is projected to reach 34.20% by 2025. Uzbekistan ranked 88th globally.

Uzbekistan’s credit‑to‑GDP ratio has risen sharply from an all‑time trough of 9.33 % in 2013 to a peak of 34.36 % in 2023, reaching 34.20 % in 2025 and ranking 88th globally. The 13‑year series shows an average annual increase of roughly 2.0 percentage points, reflecting expanded borrowing by the government and private sector as the country pursues infrastructure upgrades and diversification of its economy. This level is comparable to peers such as Mongolia, which posted 34.20 % in the same year, and slightly below Lithuania’s 34.57 % and the Solomon Islands’ 34.97 %. The sustained upward trajectory suggests that, absent a major fiscal consolidation or a shock to external financing conditions, Uzbekistan’s credit‑to‑GDP ratio is likely to remain near the current high, with modest further growth expected as reforms continue to stimulate investment.

Data & projection

Year Credit to GDP YoY change Rank
2027* trend 35.07% - -
2026* trend 34.64% - -
2025* trend 34.20% - -
2025 34.20% +1.00% #88
2024 33.20% −1.16% #42
2023 34.36% +1.65% #59
2022 32.71% +0.65% #61
2021 32.06% −0.12% #63
2020 32.17% +6.32% #62
2019 25.86% +5.43% #57
2018 20.43% +6.36% #40
2017 14.06% +2.31% #22
2016 11.75% +1.44% #13
2015 10.31% +0.28% #10
2014 10.03% +0.70% #12
2013 9.33% – #12
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.5% Rate 20.0% Gap +2.4pp Reserves YoY -3.5%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw credit to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's credit to gdp?▾

Uzbekistan's credit to gdp was 34.20% in 2025. Ranked 88th globally. This represents a 3.0% increase from the previous year.

What was the highest credit to gdp in Uzbekistan?▾

Uzbekistan's credit to gdp peaked at 34.36% in 2023.

What was the lowest credit to gdp in Uzbekistan?▾

The lowest credit to gdp in Uzbekistan was 9.33% in 2013.

How does Uzbekistan rank in credit to gdp?▾

Uzbekistan ranks 88th globally in credit to gdp as of 2025.

What is the World Bank indicator code for credit to gdp?▾

The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.

What is the projected credit to gdp of Uzbekistan in 2025?▾

Uzbekistan's credit to gdp is projected to reach 34.20% by 2025 based on trend extrapolation.

What is the credit to gdp of Uzbekistan in 2025?▾

The credit to gdp of Uzbekistan in 2025 was 34.20%. This ranks 88th in the world.

Cite this page

APA
Uzbekistan Credit to GDP. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/uzbekistan/credit-to-gdp/
BibTeX
@misc{historysaid_uzbekistan_credit-to-gdp, title = {Uzbekistan Credit to GDP}, url = {https://historysaid.com/uzbekistan/credit-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub