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Uzbekistan Short-term Debt

Short-term debt as % of total external debt  DT.DOD.DSTC.ZS

Uzbekistan's short-term debt was 11.11% in 2025, ranked 55th globally. This represents a 37.0% increase from 2024. Data from World Bank, covering 1992–2025.

11.11% +3.00% (+37.0%)
Year 2025 Rank #55 Global Peak 23.33% (1994) Source World Bank

Uzbekistan Short-term Debt (1992–2025)

Overview

Uzbekistan's short-term debt stood at 11.11% in 2025, a rise of +3.00% from 2024. Based on recent trends, this figure is projected to reach 11.11% by 2025. Uzbekistan ranked 55th globally.

Uzbekistan’s short‑term external debt has risen from a zero baseline in 1992 to 11.11 % of GDP in 2025, placing the country 55th in the World Bank’s global ranking. The indicator peaked early in the transition period, reaching 23.33 % of GDP in 1994 before retreating to the 1992 trough of 0.00 %. Over the 34‑year series the trajectory has been upward‑sloping, albeit with considerable volatility, and the 2025 level is comparable to peers such as Peru (11.40 %) and Côte d’Ivoire (11.20 %). The modest increase reflects Uzbekistan’s expanding trade and investment needs as it diversifies its economy, while fiscal reforms have limited a sharper escalation. Continued improvement in export diversification and prudent cash‑flow management could temper future short‑term borrowing, suggesting a potential stabilization or gradual decline in the debt‑to‑GDP ratio in the coming years.

Data & projection

Year Short-term Debt YoY change Rank
2027* trend 12.46% - -
2026* trend 11.79% - -
2025* trend 11.11% - -
2025 11.11% +3.00% #55
2024 8.11% −3.15% #55
2023 11.26% −0.45% #67
2022 11.71% +3.78% #74
2021 7.94% +1.54% #55
2020 6.40% +3.70% #48
2019 2.70% −2.22% #19
2018 4.91% +0.48% #40
2017 4.43% +1.89% #38
2016 2.54% +1.36% #20
2015 1.18% −0.07% #17
2014 1.25% +0.18% #14
2013 1.08% +0.20% #13
2012 0.87% −0.86% #11
2011 1.74% −3.56% #23
Show all years (1992-2025)
* 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 short-term debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's short-term debt?▾

Uzbekistan's short-term debt was 11.11% in 2025. Ranked 55th globally. This represents a 37.0% increase from the previous year.

What was the highest short-term debt in Uzbekistan?▾

Uzbekistan's short-term debt peaked at 23.33% in 1994.

What was the lowest short-term debt in Uzbekistan?▾

The lowest short-term debt in Uzbekistan was 0.00% in 1992.

How does Uzbekistan rank in short-term debt?▾

Uzbekistan ranks 55th globally in short-term debt as of 2025.

What is the World Bank indicator code for short-term debt?▾

The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.

What is the projected short-term debt of Uzbekistan in 2025?▾

Uzbekistan's short-term debt is projected to reach 11.11% by 2025 based on trend extrapolation.

What is the short-term debt of Uzbekistan in 2025?▾

The short-term debt of Uzbekistan in 2025 was 11.11%. This ranks 55th in the world.

Cite this page

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