Uzbekistan's national debt reached 43 billion dollars
According to the latest report published by the Ministry of Economy and Finance, as of July 1, 2025, Uzbekistan's national debt reached 43 billion 376 million dollars. This was reported by Zamin.uz.
This figure is of significant importance from the perspective of the country's economic and financial stability. Of the total debt, 36 billion 414 million dollars is external debt, while 6 billion 962 million dollars is domestic debt.
The share of national debt relative to the gross domestic product increased by 1.8 percent compared to the same period last year, reaching 34.2 percent. On July 1, 2024, the national debt was 37 billion 241 million dollars, meaning the debt amount increased by 16.5 percent within one year.
A large portion of the external debt corresponds to major financial institutions. Specifically, the World Bank accounts for 7.8 billion dollars, the Asian Development Bank 7.4 billion dollars, funds raised through international Eurobonds 5.7 billion dollars, Chinese financial organizations 3.8 billion dollars, Japanese financial institutions 3.2 billion dollars, the Asian Infrastructure Investment Bank 1.7 billion dollars, French financial organizations 1.1 billion dollars, the Islamic Development Bank 935 million dollars, Korean financial institutions 750 million dollars, the International Monetary Fund 642 million dollars, the German state bank 481 million dollars, the European Bank for Reconstruction and Development 401 million dollars, and other sources amount to 2.5 billion dollars.
The report notes that approximately 47 percent of the external debt, or 16.9 billion dollars, is directed towards ensuring and supporting the stability of the state budget. Additionally, 5.9 billion dollars are allocated to the fuel and energy sector, 3.1 billion dollars to agriculture and water management, 2.9 billion dollars to transport infrastructure, and 3 billion dollars to housing and communal services.
At the same time, the sharp increase in national debt once again highlights the necessity to reconsider the country's economic policy, effectively manage external financial resources, and strengthen internal economic stability (source: Ministry of Economy and Finance).
