Tashkent, Uzbekistan (UzDaily.com) — As of the first quarter of 2025, Uzbekistan’s total external debt reached US$68.4 billion, according to a report published by the Central Bank of Uzbekistan.

The regulator reports that US$35.8 billion of this amount is sovereign external debt, while US$32.6 billion is corporate external debt.

Over the last three months, the country’s external debt increased by US$4.3 billion, with US$1.9 billion attributed to public sector borrowing and US$2.4 billion to corporate borrowing.

For comparison, in the previous quarter — Q4 of 2024 — the increase in external debt amounted to US$3.9 billion.

On a year-on-year basis, compared to the first quarter of 2024, Uzbekistan’s total external debt rose by US$14.9 billion. Public external debt grew by US$6.2 billion, while corporate external debt increased by US$8.7 billion.