Home → Uzbekistan → Trade → Current Account Balance

Uzbekistan Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Uzbekistan's current account balance was -2.42% in 2025, ranked 105th globally. This represents a 51.4% increase from 2024. Data from World Bank, covering 1992–2025.

-2.42% +2.55% (+51.4%)
Year 2025 Rank #105 Global Peak 10.78% (2008) Source World Bank

Uzbekistan Current Account Balance (1992–2025)

Overview

Uzbekistan's current account balance stood at -2.42% in 2025, a rise of +2.55% from 2024. The IMF projects -2.42% by 2025. Uzbekistan ranked 105th globally.

Uzbekistan's current account balance has exhibited significant fluctuations over the past three decades, with the country experiencing both a peak and a trough during the 2000s. The all-time peak of 10.78 in 2008, largely driven by a surge in natural gas exports, was followed by a decline to -7.60 in 2023, the lowest recorded value. Uzbekistan's current account balance has been in deficit since 2011, with the latest available data showing a deficit of -2.42, ranking 105 globally. This trend is comparable to that of Albania, which ranks closely at -2.39. The decline in the current account balance is attributed to a decrease in exports, particularly in the energy sector, as well as an increase in imports. To reverse this trend, Uzbekistan would need to diversify its exports, invest in its energy sector, and implement policies to boost economic growth and competitiveness.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -4.78% - -
2029* IMF -4.79% - -
2028* IMF -4.82% - -
2027* IMF -4.82% - -
2026* IMF -4.61% - -
2025* IMF -2.42% - -
2025 -2.42% +2.55% #105
2024 -4.97% +2.63% #48
2023 -7.60% −4.44% #36
2022 -3.16% +3.17% #95
2021 -6.33% −1.78% #55
2020 -4.56% +0.45% #67
2019 -5.01% +1.11% #57
2018 -6.12% −8.24% #51
2017 2.12% +1.87% #149
2016 0.25% −0.80% #140
2015 1.04% −1.53% #142
2014 2.57% +0.77% #151
2013 1.80% +0.01% #147
2012 1.79% −2.83% #147
2011 4.63% +0.05% #156
Show all years (1992-2025)
* IMF World Economic Outlook projection

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 current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's current account balance?▾

Uzbekistan's current account balance was -2.42% in 2025. Ranked 105th globally. This represents a 51.4% increase from the previous year.

What was the highest current account balance in Uzbekistan?▾

Uzbekistan's current account balance peaked at 10.78% in 2008.

What was the lowest current account balance in Uzbekistan?▾

The lowest current account balance in Uzbekistan was -7.60% in 2023.

How does Uzbekistan rank in current account balance?▾

Uzbekistan ranks 105th globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Uzbekistan in 2025?▾

Uzbekistan's current account balance is projected to reach -2.42% by 2025 based on IMF projection.

What is the current account balance of Uzbekistan in 2025?▾

The current account balance of Uzbekistan in 2025 was -2.42%. This ranks 105th in the world.

Cite this page

APA
Uzbekistan Current Account Balance. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/uzbekistan/current-account/
BibTeX
@misc{historysaid_uzbekistan_current-account, title = {Uzbekistan Current Account Balance}, url = {https://historysaid.com/uzbekistan/current-account/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub