Fiscal Balance in Uzbekistan

Uzbekistan Fiscal Balance | Economic News & Forecasts

Uzbekistan - Fiscal Balance

The economy seems to have kicked off this year on a solid footing, following a healthy industrial sector-led expansion last year. Upbeat industrial production growth carried over into January, on the back of robust output growth in the manufacturing, and mining and quarrying sectors. In addition, retail trade continued to grow in January, pointing to sustained consumer demand at the beginning of the year. On the external front, strong export growth also carried over from 2018, amid soaring demand from China and Russia. Meanwhile, on 13 February, Moody’s assigned Uzbekistan a B1 sovereign credit rating with a stable outlook. On the same day, and for the first time in its history, Uzbekistan sold USD 1.0 billion of Eurobonds.

Uzbekistan - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)0.3  0.2  0.1  0.1  0.1  

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Uzbekistan Fiscal Balance Chart

Uzbekistan Fiscal
Note: Fiscal balance as % of GDP
Source: Ministry of Finance of the Republic of Uzbekistan

Uzbekistan Facts

Exchange Rate8,3740.0 %Mar 11

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