By 2025, the issue of national debt is emerging as one of the pressing problems in the global economy. This was reported by Zamin.uz.
Many countries continue to live with debt levels significantly higher than their economic capabilities. The ratio of national debt to Gross Domestic Product (GDP) provides a clear indication of a country's economic stability or risk level.
This indicator allows for the assessment of a government's budget policy, external financial dependence, and the efficiency of its economic model. Experts emphasize that in 2025, some countries have debt amounts recorded at twice or even higher than their GDP.
Examples of such countries include: Japan (230%), Sudan (222%), Singapore (176%), Venezuela (164%), Lebanon (164%), Italy (137%), USA (125%), France (117%). This list includes both developed countries and those facing economic crises.
For instance, Japan has long operated under a high debt policy, while in Venezuela and Lebanon, this situation is linked to economic instability. As for Uzbekistan, the country's national debt to GDP ratio stands at 33%.
This figure is considered safe by international standards and indicates that Uzbekistan's financial policy is being conducted cautiously. When analyzed by regions, the average national debt to GDP ratio in North America is about 120%, while in Middle Eastern countries, this figure is around 43%.
These differences are explained by countries' economic models, budget discipline, dependence on natural resources, and social spending policies. In conclusion, it can be said that in 2025, the issue of national debt holds significant importance on a global scale.
While some countries support economic growth through debt, for others it remains a major source of risk. Uzbekistan, for now, maintains a relatively stable position.
At the same time, challenges in this area are expected to continue in the future.
