Uzbekistan recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2018. source: SESRIC

Current Account to GDP in Uzbekistan averaged 1.43 percent from 1992 until 2018, reaching an all time high of 9.18 percent in 2006 and a record low of -7.98 percent in 1993. This page provides - Uzbekistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uzbekistan Current Account to GDP - values, historical data and charts - was last updated on January of 2021.

Current Account to GDP in Uzbekistan is expected to reach -9.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uzbekistan Current Account to GDP is projected to trend around -6.50 percent in 2021 and -4.50 percent in 2022, according to our econometric models.

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Uzbekistan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-5.60 -7.00 9.18 -7.98 1992 - 2019 percent Yearly

Uzbekistan Trade Last Previous Highest Lowest Unit
Balance of Trade -4291.70 -2808.00 2015.50 -4291.70 USD Million [+]
Current Account -3846.00 -2769.00 2621.00 -3846.00 USD Million [+]
Current Account to GDP -5.60 -7.00 9.18 -7.98 percent [+]
Imports 17968.80 11245.60 17968.80 795.80 USD Million [+]
Exports 13677.00 8437.60 14322.70 1386.80 USD Million [+]
Terrorism Index 0.01 0.02 4.20 0.00 [+]
Gold Reserves 307.30 342.80 367.00 307.30 Tonnes [+]
External Debt 21745148.30 17629836.37 21745148.30 59702.00 USD Thousand [+]
Crude Oil Production 40.00 40.00 118.00 38.81 BBL/D/1K [+]


Uzbekistan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.