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Uzbekistan
34
Moderate
Risk
Risk
#96
of 171
Safer
than 44% of currencies
37
global avg score
$632
$1,000 in 5 years
Impact on Citizens
Citizens need to earn at least 11.1% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓
Economic Indicators
Inflation Rate
9.6%
Debt to GDP
Not available
GDP Growth
6.5%
Broad Money / GDP
19.0%
Banking & Stability
NPL Ratio
3.5%
Reserve Months
10.3
Current Account
-5.0%
FX Volatility
17.4
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 UZS9.6% inflation
UZS 632−UZS 368 (37% purchasing power lost)
Your UZS 1,000 buys 37% less in 5 years
What if you invested UZS 1,000 instead? (5yr, in UZS terms)
USD-denominated assets gain an additional ~6.6%/yr from expected UZS depreciation vs USD
Hold USD Cash
UZS 1195
+UZS 195
+3.6%/yr net in UZS
S&P 500
UZS 2158
+UZS 1158
range: UZS 1032–UZS 4104
10% USD return + 6.6% FX · ±16% vol
Gold
UZS 1979
+UZS 979
range: UZS 611–UZS 5120
8% USD return + 6.6% FX · ±24% vol
Bitcoin
UZS 3951
+UZS 2951
range: UZS 282–UZS 22.0k
25% USD return + 6.6% FX · ±54% vol
All values in UZS. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~6.6%/yr based on the inflation differential between Uzbekistan (9.6%) 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: 2026-05-19