Uzbekistan Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Uzbekistan's interest payments to revenue was 3.62% in 2025, ranked 68th globally. This represents a 10.2% increase from 2024. Data from World Bank, covering 2011–2025.
Overview
Uzbekistan's interest payments to revenue stood at 3.62% in 2025, a rise of +0.34pp from 2023. Based on recent trends, this figure is projected to reach 3.62% by 2025. Uzbekistan ranked 68th globally.
Uzbekistan’s interest payments as a share of revenue have risen sharply over the 14‑year series, moving from a modest 0.14 % in 2011 to an all‑time peak of 3.62 % in 2025, the highest level recorded in the dataset and placing the country 68th globally. The trough occurred in 2013 at 0.10 %, highlighting a period of relatively low debt servicing costs before a sustained upward trajectory began in the mid‑2010s. By 2025 the ratio matches that of peers such as Belarus (3.77 %) and Tajikistan (3.59 %), suggesting that Uzbekistan is now confronting fiscal pressures comparable to other emerging economies with sizable external financing. The increase reflects both higher borrowing and a slower growth of revenue, raising concerns about fiscal sustainability. Continued consolidation of public finances, higher fiscal surplus generation, or a slowdown in new borrowing would be required to reverse the current upward trend in interest‑to‑revenue ratios.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 4.10% | - | - |
| 2025* trend | 3.62% | - | - |
| 2025 | 3.62% | +0.34pp | #68 |
| 2023 | 3.28% | +1.75pp | #33 |
| 2022 | 1.53% | +0.19pp | #23 |
| 2021 | 1.34% | +0.00pp | #19 |
| 2020 | 1.34% | +0.37pp | #17 |
| 2019 | 0.97% | +0.69pp | #16 |
| 2018 | 0.28% | +0.09pp | #5 |
| 2017 | 0.19% | +0.08pp | #5 |
| 2016 | 0.11% | −0.02pp | #4 |
| 2015 | 0.13% | +0.01pp | #5 |
| 2014 | 0.12% | +0.02pp | #4 |
| 2013 | 0.10% | −0.01pp | #3 |
| 2012 | 0.11% | −0.03pp | #4 |
| 2011 | 0.14% | – | #4 |
Detected Pattern
Analysis
Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Uzbekistan's interest payments to revenue was 3.62% in 2025. Ranked 68th globally. This represents a 10.2% increase from the previous year.
Uzbekistan's interest payments to revenue peaked at 3.62% in 2025.
The lowest interest payments to revenue in Uzbekistan was 0.10% in 2013.
Uzbekistan ranks 68th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Uzbekistan's interest payments to revenue is projected to reach 3.62% by 2025 based on trend extrapolation.
The interest payments to revenue of Uzbekistan in 2025 was 3.62%. This ranks 68th in the world.
Cite this page
@misc{historysaid_uzbekistan_interest-to-revenue,
title = {Uzbekistan Interest Payments to Revenue},
url = {https://historysaid.com/uzbekistan/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}