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Uzbekistan Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Uzbekistan's government debt to gdp was 31.06% in 2025, ranked 150th globally. This represents a 4.9% decrease from 2024. Data from IMF WEO, covering 1997–2025.

31.06% −1.59% (-4.9%)
Year 2025 Rank #150 Global Peak 44.84% (2001) Source IMF WEO

Uzbekistan Government Debt to GDP (1997–2025)

Overview

Uzbekistan's government debt to gdp stood at 31.06% in 2025, a decline of +1.59% from 2024. The IMF projects 31.06% by 2025. Uzbekistan ranked 150th globally.

Uzbekistan’s government debt-to‑GDP ratio has risen to 31.06 % in 2025, placing the country at 150th in the global ranking and aligning it with peers such as Chad (31.53 %) and Bosnia and Herzegovina (30.65 %). The trajectory since the series began in 1997, when the ratio stood at 15.33 %, reflects a gradual accumulation of liabilities, punctuated by an all‑time peak of 44.84 % in 2001 and a historic low of 6.09 % in 2014. The early‑2000s surge coincided with expansive fiscal policies aimed at infrastructure development, while the post‑2014 trough followed a period of fiscal consolidation and modest economic growth. Over the 29‑year coverage, the ratio has more than doubled, suggesting that debt financing remains a key instrument for public investment. Continued emphasis on fiscal discipline and diversification of revenue sources will be crucial to temper further increases and sustain a stable debt trajectory.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 29.88% - -
2029* IMF 30.13% - -
2028* IMF 30.62% - -
2027* IMF 30.63% - -
2026* IMF 31.05% - -
2025* IMF 31.06% - -
2025 31.06% −1.59% #150
2024 32.66% +0.47% #36
2023 32.18% +1.65% #36
2022 30.53% −1.20% #32
2021 31.73% −1.95% #28
2020 33.67% +8.30% #29
2019 25.38% +7.92% #25
2018 17.46% +0.19% #13
2017 17.26% +9.07% #11
2016 8.19% +1.47% #6
2015 6.72% +0.63% #7
2014 6.09% −0.14% #8
2013 6.23% −0.53% #9
2012 6.76% +0.43% #9
2011 6.33% −0.28% #8
Show all years (1997-2025)
* 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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's government debt to gdp?▾

Uzbekistan's government debt to gdp was 31.06% in 2025. Ranked 150th globally. This represents a 4.9% decrease from the previous year.

What was the highest government debt to gdp in Uzbekistan?▾

Uzbekistan's government debt to gdp peaked at 44.84% in 2001.

What was the lowest government debt to gdp in Uzbekistan?▾

The lowest government debt to gdp in Uzbekistan was 6.09% in 2014.

How does Uzbekistan rank in government debt to gdp?▾

Uzbekistan ranks 150th globally in government debt to gdp as of 2025.

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

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

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

Uzbekistan's government debt to gdp is projected to reach 31.06% by 2025 based on IMF projection.

What is the government debt to gdp of Uzbekistan in 2025?▾

The government debt to gdp of Uzbekistan in 2025 was 31.06%. This ranks 150th in the world.

Cite this page

APA
Uzbekistan Government Debt to GDP. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/uzbekistan/government-debt-to-gdp/
BibTeX
@misc{historysaid_uzbekistan_government-debt-to-gdp, title = {Uzbekistan Government Debt to GDP}, url = {https://historysaid.com/uzbekistan/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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