Uzbekistan's total external debt rose to $82 billion

According to the latest data announced by the Central Bank of Uzbekistan, the country's total external debt reached $82.2 billion by the end of the first quarter of 2026, as reported by Zamin.uz.

This indicator, one of the key metrics reflecting the dynamics of economic processes, shows a significant increase compared to the same period last year. Specifically, compared to the first quarter of 2025, the volume of external debt has grown by $13.8 billion, or approximately 20 percent.

Analysts note that the structure of total external debt consists of two main components. Of this amount, $40.5 billion is attributable to external liabilities directly attracted by the state.

The remaining $41.7 billion is accounted for by the external debt of the private and corporate sectors. This figure indicates growing activity of the corporate sector in the country's economy.

Notably, during the reporting period, the external debt of the corporate sector exceeded that of the state by $1.2 billion. This situation reflects an increased capacity of entrepreneurial entities and corporations to independently attract funds from international financial markets.

At the same time, such rapid growth in external debt raises issues of ensuring economic stability and the efficient use of borrowed funds, which are now being placed on the agenda. The figures presented by the Central Bank fully reflect the financial obligations of both the state and private sectors to their international partners.

In the coming quarters, changes in these indicators and their ratio to the country's gross domestic product are expected to remain a constant focus of attention for economic analysts. The availability of clear strategies regarding the structure of external debt and its repayment terms is of significant importance for ensuring economic security.