Uzbekistan's public debt is rising sharply - by October 1, 2025, the total debt reached $44 billion. This represents an increase of almost $4.9 billion in one year. The share of debt in GDP has reached 32.3%, and per capita debt is $1154.
Of the total debt, 36.7 billion is external, and 7.2 billion is internal. 47 percent of external funds are allocated to support the budget, 16 percent - to energy, and the rest - to agriculture, transport, and housing and communal services.
The main creditors of Uzbekistan are the World Bank ($8 billion) and the Asian Development Bank ($7.5 billion). 63 percent of the external debt was formed in dollars, 12 percent in soums, and 8 percent in euros.
Experts say that the need for external financing has increased due to economic growth and infrastructure projects. At the same time, "quasi-state" debts received without state guarantees, but falling on state-owned banks and enterprises, are also increasing.
It is noted that in the first half of 2025, Uzbekistan's total external debt (public + private) reached $72.2 billion.
Read “Zamin” on Telegram!
Users of Меҳмон are not allowed to comment this publication.
