Uzbekistan Listed Companies
Number of listed domestic companies CM.MKT.LDOM.NO
Uzbekistan's listed companies was 78 in 2025, ranked 45th globally. This represents a 12.9% decrease from 2024. Data from World Bank, covering 2020–2025.
Overview
Uzbekistan's listed companies stood at 78 in 2025, a decline of +12 from 2024. Based on recent trends, this figure is projected to reach 78 by 2025. Uzbekistan ranked 45th globally.
Uzbekistan’s listed‑company density fell sharply from an all‑time peak of 144.00 in 2020 to a trough of 77.50 in 2025, placing the country 45th globally according to the World Bank’s 2025 dataset. Over the six‑year coverage period the index contracted by almost 47 percent, reflecting a sustained outflow of firms from the public market and a relative slowdown in capital‑raising activity. By contrast, regional peers such as Romania (83.70) and Hungary (76.80) have maintained higher levels of listed‑company density, suggesting that Uzbekistan’s market reforms have not kept pace with neighboring economies. The decline coincides with broader structural adjustments in the Uzbek financial sector, including tighter listing requirements and limited access to foreign investment, which have dampened incentives for firms to go public. If regulatory reforms ease listing thresholds and improve market liquidity, the downward trajectory could be reversed, allowing Uzbekistan to regain ground among its peers and potentially raise its global ranking in the coming years.
Data & projection
| Year | Listed Companies | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 51 | - | - |
| 2026* trend | 64 | - | - |
| 2025* trend | 78 | - | - |
| 2025 | 78 | −12 | #45 |
| 2024 | 89 | −23 | #28 |
| 2023 | 112 | +5 | #32 |
| 2022 | 107 | −28 | #33 |
| 2021 | 135 | −9 | #37 |
| 2020 | 144 | – | #42 |
Detected Pattern
Analysis
Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw listed companies improve within 24 months. View full analysis →
Frequently Asked Questions
Uzbekistan's listed companies was 78 in 2025. Ranked 45th globally. This represents a 12.9% decrease from the previous year.
Uzbekistan's listed companies peaked at 144 in 2020.
The lowest listed companies in Uzbekistan was 78 in 2025.
Uzbekistan ranks 45th globally in listed companies as of 2025.
The World Bank indicator code is CM.MKT.LDOM.NO. Data sourced from World Bank.
Uzbekistan's listed companies is projected to reach 78 by 2025 based on trend extrapolation.
The listed companies of Uzbekistan in 2025 was 78. This ranks 45th in the world.
Cite this page
@misc{historysaid_uzbekistan_listed-companies,
title = {Uzbekistan Listed Companies},
url = {https://historysaid.com/uzbekistan/listed-companies/},
publisher = {HistorySaid},
year = {2026}
}