Uzbekistan M2 Growth
2014 - 2025 | Monthly | % | CEIC Data
Key information about Uzbekistan M2 Growth
- Uzbekistan Money Supply M2 increased 36.6 % YoY in Dec 2025, compared with a growth of 33.9 % in the previous month
- Uzbekistan Money Supply M2 growth data is updated monthly, available from Jan 2014 to Dec 2025
- The data reached an all-time high of 53.0 % in Sep 2017 and a record low of 10.1 % in Nov 2023
CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of the Republic of Uzbekistan provides M2 in local currency
View Uzbekistan's M2 Growth from Jan 2014 to Dec 2025 in the chart:
What was Uzbekistan's M2 Growth in Dec 2025?
Uzbekistan Money Supply M2 increased 36.6 % YoY in Dec 2025, compared with a growth of 33.9 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 36.6 Dec 2025 | 33.9 Nov 2025 | 10.1 Nov 2023 | 53.0 Sep 2017 | % | monthly | Jan 2014 - Dec 2025 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 13.4 Dec 2025 | monthly | Dec 1994 - Dec 2025 |
| Algeria (%) | 9.0 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Argentina (%) | 38.7 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Armenia (%) | 22.0 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Australia (%) | 7.1 Dec 2025 | monthly | Mar 1966 - Dec 2025 |
| Austria (%) | 2.4 Dec 2025 | monthly | Sep 1998 - Dec 2025 |
| Azerbaijan (%) | 6.9 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Bahrain (%) | 3.8 Dec 2025 | monthly | Dec 1975 - Dec 2025 |
| Bangladesh (%) | 9.6 Dec 2025 | monthly | Jun 1987 - Dec 2025 |
| Belarus (%) | 25.1 Dec 2025 | monthly | Dec 1990 - Dec 2025 |
| Belgium (%) | 2.7 Nov 2025 | monthly | Dec 1997 - Nov 2025 |
| Bolivia (%) | 17.6 Dec 2025 | monthly | Dec 1988 - Dec 2025 |
| Bosnia and Herzegovina (%) | 9.7 Dec 2025 | monthly | Aug 1998 - Dec 2025 |
| Botswana (%) | -3.0 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Brazil (%) | 10.2 Dec 2025 | monthly | Jan 1971 - Dec 2025 |
| Bulgaria (%) | 6.6 Dec 2025 | monthly | Dec 1996 - Dec 2025 |
| Cambodia (%) | 12.9 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Canada (%) | 5.0 Nov 2025 | monthly | Jan 1969 - Nov 2025 |
| Chile (%) | 3.9 Jan 2026 | monthly | Jan 1987 - Jan 2026 |
| China (%) | 8.5 Dec 2025 | monthly | Mar 1997 - Dec 2025 |
| Colombia (%) | 11.0 Dec 2025 | monthly | Dec 1980 - Dec 2025 |
| Croatia (%) | 6.6 Dec 2025 | monthly | Jun 1995 - Dec 2025 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 2.7 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Denmark (%) | 3.5 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Ecuador (%) | 13.9 Nov 2025 | monthly | Dec 2007 - Nov 2025 |
| Egypt (%) | 20.6 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Estonia (%) | 4.6 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| European Union (%) | 3.0 Dec 2025 | monthly | Jan 1981 - Dec 2025 |
| Finland (%) | 3.1 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| France (%) | 1.1 Dec 2025 | monthly | Dec 1978 - Dec 2025 |
| Georgia (%) | 25.5 Dec 2025 | monthly | Oct 1996 - Dec 2025 |
| Germany (%) | 3.4 Dec 2025 | monthly | Jan 1970 - Dec 2025 |
| Ghana (%) | 30.3 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Greece (%) | 4.7 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Hong Kong SAR, China (%) | 11.6 Dec 2025 | monthly | Dec 1981 - Dec 2025 |
| Hungary (%) | 5.1 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Iceland (%) | 5.0 Dec 2025 | monthly | Sep 1987 - Dec 2025 |
| India (%) | 12.4 Nov 2025 | monthly | Mar 1995 - Nov 2025 |
| Indonesia (%) | 9.6 Dec 2025 | monthly | Feb 1969 - Dec 2025 |
| Iran (%) | 32.4 Jun 2025 | monthly | Dec 2000 - Jun 2025 |
| Ireland (%) | 5.4 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Israel (%) | 5.4 Oct 2025 | monthly | Apr 1982 - Oct 2025 |
| Italy (%) | 2.5 Dec 2025 | monthly | Dec 1975 - Dec 2025 |
| Ivory Coast (%) | 22.8 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Japan (%) | 1.6 Jan 2026 | monthly | Jan 1968 - Jan 2026 |
| Jordan (%) | 5.4 Dec 2025 | monthly | Jan 1991 - Dec 2025 |
| Kazakhstan (%) | 16.7 Dec 2025 | monthly | Dec 1994 - Dec 2025 |
| Kenya (%) | 10.7 Nov 2025 | monthly | Dec 1996 - Nov 2025 |
| South Korea (%) | 5.4 Dec 2025 | monthly | Jan 1971 - Dec 2025 |
| Kosovo (%) | 12.4 2024 | yearly | 2002 - 2024 |
| Kuwait (%) | 3.6 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Kyrgyzstan (%) | 57.7 Nov 2025 | monthly | Jan 1995 - Nov 2025 |
| Laos (%) | 19.1 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Latvia (%) | 6.9 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| Lebanon (%) | 34.4 Nov 2025 | monthly | Dec 1980 - Nov 2025 |
| Lithuania (%) | 6.2 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Luxembourg (%) | 4.1 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Macau SAR, China (%) | 7.5 Dec 2025 | monthly | Jun 1985 - Dec 2025 |
| North Macedonia (%) | 11.2 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Malawi (%) | 51.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Malaysia (%) | 4.2 Dec 2025 | monthly | Dec 1970 - Dec 2025 |
| Malta (%) | 3.9 Nov 2025 | monthly | Jan 2009 - Nov 2025 |
| Mauritius (%) | 8.9 Nov 2025 | monthly | Jul 1977 - Nov 2025 |
| Mexico (%) | 6.8 Dec 2025 | monthly | Dec 1986 - Dec 2025 |
| Moldova (%) | 14.6 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Mongolia (%) | 8.8 Dec 2025 | monthly | Dec 1997 - Dec 2025 |
| Montenegro (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Morocco (%) | 11.0 Dec 2025 | monthly | Jan 1986 - Dec 2025 |
| Mozambique (%) | 11.9 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Myanmar (%) | 25.0 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Nepal (%) | 14.2 Jan 2026 | monthly | Jan 2002 - Jan 2026 |
| Netherlands (%) | 3.5 Dec 2025 | monthly | Dec 1957 - Dec 2025 |
| New Zealand (%) | 4.1 Dec 2025 | monthly | Mar 1989 - Dec 2025 |
| Nigeria (%) | 9.8 Dec 2025 | monthly | Apr 1991 - Dec 2025 |
| Norway (%) | 7.2 Dec 2025 | monthly | Dec 1993 - Dec 2025 |
| Oman (%) | 4.3 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Pakistan (%) | 14.4 Nov 2025 | monthly | Jan 1989 - Nov 2025 |
| Palestinian Territory (%) | 15.8 Nov 2025 | monthly | Jul 2003 - Nov 2025 |
| Panama (%) | 8.4 Nov 2025 | monthly | Dec 2003 - Nov 2025 |
| Paraguay (%) | 11.6 Dec 2025 | monthly | Dec 1989 - Dec 2025 |
| Peru (%) | 7.5 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Philippines (%) | 7.5 Dec 2025 | monthly | Dec 1989 - Dec 2025 |
| Poland (%) | 10.4 Dec 2025 | monthly | Dec 1997 - Dec 2025 |
| Portugal (%) | 6.0 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Qatar (%) | 3.5 Dec 2025 | monthly | Jan 1983 - Dec 2025 |
| Romania (%) | 7.2 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Russia (%) | 10.6 Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Saudi Arabia (%) | 8.7 Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Serbia (%) | 6.9 Dec 2025 | monthly | Aug 2002 - Dec 2025 |
| Singapore (%) | 6.4 Dec 2025 | monthly | Mar 2005 - Dec 2025 |
| Slovakia (%) | 5.5 Dec 2025 | monthly | Dec 2001 - Dec 2025 |
| Slovenia (%) | 7.3 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| South Africa (%) | 8.1 Dec 2025 | monthly | Mar 1966 - Dec 2025 |
| Spain (%) | 5.1 Dec 2025 | monthly | Jan 1963 - Dec 2025 |
| Sri Lanka (%) | 11.3 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Sudan (%) | 82.3 Nov 2025 | monthly | Dec 2004 - Nov 2025 |
| Sweden (%) | 2.9 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Switzerland (%) | 16.2 Oct 2025 | monthly | Dec 1985 - Oct 2025 |
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Learn more about what we doUzbekistan Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.6 Sep 2020 | quarterly | Mar 2016 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -96.878 Sep 2020 | quarterly | Mar 2013 - Sep 2020 |
| Tax Revenue (USD mn) | 2,449.148 Jun 2020 | quarterly | Mar 2013 - Jun 2020 |
| Tax Revenue: % of GDP (%) | 15.0 Jun 2020 | quarterly | Mar 2016 - Jun 2020 |
| Government Debt: % of GDP (%) | 21.8 2019 | yearly | 2008 - 2019 |
| Forecast: Government Expenditure (UZS bn) | 953,957.922 2030 | yearly | 1992 - 2030 |
| Forecast: Government Net Debt (UZS bn) | 1,006,371.035 2030 | yearly | 1997 - 2030 |
| Forecast: Government Revenue (UZS bn) | 875,509.112 2030 | yearly | 1991 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 13.866 2028 | yearly | 1992 - 2028 |
| Trade Balance (USD mn) | -3,028.8 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Total Exports (USD mn) | 1,164.8 Nov 2025 | monthly | Jan 2016 - Nov 2025 |
| Total Exports Growth (%) | 11.0 Nov 2025 | monthly | Jan 2017 - Nov 2025 |
| Aluminum: Exports (USD th) | 75,494.872 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 17,200.690 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 27,106.964 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 3,953.0 Nov 2025 | monthly | Jan 2016 - Nov 2025 |
| Total Imports Growth (%) | 36.1 Nov 2025 | monthly | Jan 2017 - Nov 2025 |
| Imports: Medicament (USD th) | 1,153,155.651 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 258,185.765 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 3.931 Nov 2025 | monthly | May 1999 - Nov 2025 |
| Total Imports from USA (USD mn) | 29.322 Nov 2025 | monthly | Jun 1992 - Nov 2025 |
| Total Exports to China (USD mn) | 602.436 Dec 2025 | monthly | Jul 2017 - Dec 2025 |
| Total Imports from China (USD mn) | 1,976.110 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Export Volume Index (2015=100) | 77.965 2021 | yearly | 2000 - 2021 |
| Import Volume Index (2015=100) | 177.286 2021 | yearly | 2000 - 2021 |
| Export Value Index (2015=100) | 149.113 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 207.149 2021 | yearly | 1995 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 56.5 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Current Account Balance (USD mn) | -112.8 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Current Account Balance: % of GDP (%) | -0.3 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 871.8 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 3.3 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | 839.588 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.1 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 7.7 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 831.868 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| External Debt (USD mn) | 78,522.8 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| External Debt: % of GDP (%) | 61.4 2024 | yearly | 2005 - 2024 |
| Forecast: Current Account Balance (USD bn) | -11.514 2030 | yearly | 1992 - 2030 |
| Net International Investment Position (USD mn) | 16,945.337 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.9 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Non-Performing Loans (USD mn) | 15,014.427 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Money Supply M1 (USD mn) | 12,036.808 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| Money Supply M2 (USD mn) | 31,481.858 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| M2 Growth (%) | 36.6 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Foreign Exchange Reserves (USD mn) | 9,522.9 Jan 2026 | monthly | Jan 2013 - Jan 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 7.205 Dec 2025 | quarterly | Dec 2016 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Gold Reserves (Metric Ton) | 2,200.000 2025 | yearly | 2008 - 2025 |
| Total Deposits (USD mn) | 32,850.213 Nov 2025 | monthly | Feb 2017 - Nov 2025 |
| Total Deposits Growth (%) | 27.6 Oct 2025 | monthly | Feb 2018 - Oct 2025 |
| Domestic Credit (USD mn) | 35,693.7 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| Domestic Credit Growth (%) | 20.2 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Total Loans (USD mn) | 48,816.867 Dec 2025 | monthly | Feb 2017 - Dec 2025 |
| Total Loans Growth (%) | 14.06 Dec 2025 | monthly | Feb 2018 - Dec 2025 |
| Deposits: Commercial Banks (CB): Outstanding Amount (UZS bn) | 371,452.962 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Deposits: CB: Outstanding Amount: Individuals (UZS bn) | 152,690.140 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Deposits: CB: Outstanding Amount: Legal Entities (UZS bn) | 218,762.822 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Loans: Commercial Banks (CB): Outstanding Amount (UZS bn) | 582,210.407 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Loans: CB: Outstanding Amount: Legal Entities (UZS bn) | 355,833.442 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
| Loans: CB: Outstanding Amount: Individuals (UZS bn) | 208,642.057 Sep 2025 | monthly | Dec 2016 - Sep 2025 |
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