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Uzbekistan Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

Uzbekistan's gross savings was 32.34% in 2025, ranked 22nd globally. This represents a 14.3% increase from 2024. Data from World Bank, covering 1992–2025.

32.34% +4.05% (+14.3%)
Year 2025 Rank #22 Global Peak 48.56% (2008) Source World Bank

Uzbekistan Gross Savings (1992–2025)

Overview

Uzbekistan's gross savings stood at 32.34% in 2025, a rise of +4.05% from 2024. The IMF projects 32.34% by 2025. Uzbekistan ranked 22nd globally.

Uzbekistan’s gross savings ratio has risen markedly since the early 1990s, climbing from 13.32 in 1992 to a 2025 level of 32.34, which places the country 22nd in the world and aligns it closely with peers such as Nicaragua (32.33) and Bahrain (32.58). The indicator peaked at 48.56 in 2008, reflecting a period of strong fiscal consolidation and high domestic investment, before falling to a trough of 11.91 in 1997 amid the economic dislocation that followed the dissolution of the Soviet Union. Over the 34‑year coverage span, the upward trajectory has been driven by reforms that improved tax collection, expanded the financial sector, and encouraged higher household and corporate saving rates. Despite the recent proximity to regional peers, the savings ratio remains below the levels of advanced economies such as Switzerland (32.66) and Ireland (32.14). Continued diversification of the economy and further development of capital markets are likely to sustain the gradual rise in gross savings in the coming years.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 33.89% - -
2029* IMF 33.01% - -
2028* IMF 32.12% - -
2027* IMF 31.38% - -
2026* IMF 30.93% - -
2025* IMF 32.34% - -
2025 32.34% +4.05% #22
2024 28.30% +1.57% #48
2023 26.61% −3.11% #59
2022 29.70% +2.03% #48
2021 27.69% −0.92% #62
2020 28.59% −0.79% #40
2019 29.33% −0.99% #49
2018 30.40% +4.06% #44
2017 26.56% +2.22% #62
2016 24.38% −1.36% #66
2015 25.79% −4.48% #58
2014 30.30% +0.85% #36
2013 29.49% −3.19% #40
2012 32.68% −1.02% #37
2011 33.66% +2.43% #36
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 gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's gross savings?▾

Uzbekistan's gross savings was 32.34% in 2025. Ranked 22nd globally. This represents a 14.3% increase from the previous year.

What was the highest gross savings in Uzbekistan?▾

Uzbekistan's gross savings peaked at 48.56% in 2008.

What was the lowest gross savings in Uzbekistan?▾

The lowest gross savings in Uzbekistan was 11.91% in 1997.

How does Uzbekistan rank in gross savings?▾

Uzbekistan ranks 22nd globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?▾

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Uzbekistan in 2025?▾

Uzbekistan's gross savings is projected to reach 32.34% by 2025 based on IMF projection.

What is the gross savings of Uzbekistan in 2025?▾

The gross savings of Uzbekistan in 2025 was 32.34%. This ranks 22nd in the world.

Cite this page

APA
Uzbekistan Gross Savings. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/uzbekistan/gross-savings/
BibTeX
@misc{historysaid_uzbekistan_gross-savings, title = {Uzbekistan Gross Savings}, url = {https://historysaid.com/uzbekistan/gross-savings/}, publisher = {HistorySaid}, year = {2026} }
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