Current Account in Uzbekistan

Uzbekistan Current Account | Economic News & Forecasts

Uzbekistan - Current Account

Growth remained sturdy in January–November, supported by robust retail sales and a solid increase in industrial production which came largely on the back of soaring mining and quarrying output. Furthermore, healthy demand for real estate propped up strong construction activity growth in the same period. However, the external sector’s performance remained downbeat in January–November, partly as a result of subdued exports of precious metals. Meanwhile, on 21 December, Fitch Ratings assigned Uzbekistan a BB- sovereign credit rating with a stable outlook. The agency highlighted the strong external balance sheet, stable financial sector and low public indebtedness as the country’s main strengths. Furthermore, S&P Global Ratings also recently assigned a sovereign credit rating to Uzbekistan, giving the country BB- with a stable outlook.

Uzbekistan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)2.8  1.7  -0.5  1.4  2.9  

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Uzbekistan Current Account Chart


Uzbekistan Current Account
Note: Current account balance as % of GDP.

Uzbekistan Facts

ValueChangeDate
Exchange Rate8,3560.0 %Jan 16

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