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Uzbekistan Debt Service

Total debt service as % of exports  DT.TDS.DECT.EX.ZS

Uzbekistan's debt service was 40.52% in 2025, ranked 10th globally. This represents a 12.4% increase from 2024. Data from World Bank, covering 2005–2025.

40.52% +4.49% (+12.4%)
Year 2025 Rank #10 Global Peak 40.52% (2025) Source World Bank

Uzbekistan Debt Service (2005–2025)

Overview

Uzbekistan's debt service stood at 40.52% in 2025, a rise of +4.49% from 2024. Based on recent trends, this figure is projected to reach 40.52% by 2025. Uzbekistan ranked 10th globally.

Uzbekistan’s debt‑service burden has risen sharply over the 21‑year series, climbing from 12.66 in 2005 to a record 40.52 in 2025, which places it tenth globally and slightly below Argentina’s 42.32 and just above Senegal’s 40.76. The steepest ascent follows the all‑time trough of 3.94 in 2011, indicating that external financing costs have accelerated markedly in the past decade. This upward trajectory reflects a combination of expanding external liabilities, higher interest‑rate environments and a growing share of short‑term debt that must be refinanced each year. While the peak of 40.52 in 2025 underscores the heightened fiscal pressure, the figure remains comparable to peers such as Colombia (34.75) and Mongolia (32.28), suggesting that regional borrowing patterns are similarly tightening. Continued moderation of external borrowing, longer‑term maturities and stronger export earnings will be crucial to curb the debt‑service ratio and reverse the current upward trend.

Data & projection

Year Debt Service YoY change Rank
2027* trend 48.26% - -
2026* trend 44.39% - -
2025* trend 40.52% - -
2025 40.52% +4.49% #10
2024 36.04% +3.43% #98
2023 32.61% +2.68% #102
2022 29.93% +3.92% #106
2021 26.01% +6.02% #91
2020 19.99% +6.44% #72
2019 13.55% +7.59% #69
2018 5.96% −6.86% #28
2017 12.82% +1.95% #68
2016 10.87% +1.74% #53
2015 9.13% +2.93% #53
2014 6.19% +1.64% #45
2013 4.55% −0.27% #37
2012 4.82% +0.88% #37
2011 3.94% −0.74% #37
Show all years (2005-2025)
* 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 debt service improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's debt service?▾

Uzbekistan's debt service was 40.52% in 2025. Ranked 10th globally. This represents a 12.4% increase from the previous year.

What was the highest debt service in Uzbekistan?▾

Uzbekistan's debt service peaked at 40.52% in 2025.

What was the lowest debt service in Uzbekistan?▾

The lowest debt service in Uzbekistan was 3.94% in 2011.

How does Uzbekistan rank in debt service?▾

Uzbekistan ranks 10th globally in debt service as of 2025.

What is the World Bank indicator code for debt service?▾

The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.

What is the projected debt service of Uzbekistan in 2025?▾

Uzbekistan's debt service is projected to reach 40.52% by 2025 based on trend extrapolation.

What is the debt service of Uzbekistan in 2025?▾

The debt service of Uzbekistan in 2025 was 40.52%. This ranks 10th in the world.

Cite this page

APA
Uzbekistan Debt Service. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/uzbekistan/debt-service/
BibTeX
@misc{historysaid_uzbekistan_debt-service, title = {Uzbekistan Debt Service}, url = {https://historysaid.com/uzbekistan/debt-service/}, publisher = {HistorySaid}, year = {2026} }
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