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Uzbekistan
33
Moderate
Risk
Risk
#100
of 171
Safer
than 42% of currencies
36
global avg score
$656
$1,000 in 5 years
Impact on Citizens
Citizens need to earn at least 10.3% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓
Economic Indicators
Inflation Rate
8.8%
Debt to GDP
Not available
GDP Growth
7.7%
Broad Money / GDP
20.5%
Banking & Stability
NPL Ratio
3.9%
Reserve Months
10.3
Current Account
-3.9%
FX Volatility
13.3
Governance & Markets
Rule of Law
Not available
Black Market Premium
5.0%
Capital Controls
35.0
Peg Fragility
Not available
Currency Structure
Global Currency Role
70.0
FX Regime
managed float
Data Coverage
75.0%
Savings Impact Calculator
UZS
Holding cash in UZS8.8% inflation
UZS 656−UZS 344 (34% purchasing power lost)
Your UZS 1,000 buys 34% less in 5 years
What if you invested UZS 1,000 instead? (5yr, in UZS terms)
USD-denominated assets gain an additional ~5.8%/yr from expected UZS depreciation vs USD
Hold USD Cash
UZS 1148
+UZS 148
+2.8%/yr net in UZS
S&P 500
UZS 2082
+UZS 1082
range: UZS 990–UZS 3977
10% USD return + 5.8% FX · ±16% vol
Gold
UZS 1908
+UZS 908
range: UZS 584–UZS 4968
8% USD return + 5.8% FX · ±24% vol
Bitcoin
UZS 3828
+UZS 2828
range: UZS 267–UZS 21.6k
25% USD return + 5.8% FX · ±54% vol
All values in UZS. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~5.8%/yr based on the inflation differential between Uzbekistan (8.8%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.
Data last updated: 2026-08-17