Uzbekistan's Gold Reserves Reach a Record High
Uzbekistan
In March 2025, Uzbekistan achieved a historic milestone in one of the key indicators of its economic resilience and financial stability — its gold and foreign exchange reserves. According to data from the Central Bank, the country’s reserves reached $47.85 billion for the first time, surpassing the previous record.
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In just one month — March — the reserves grew by $2.91 billion, or 6.47%.
Particularly noteworthy is the rise in the value of gold reserves, which increased by over $2 billion to reach $36.88 billion. Interestingly, despite the increase in value, the physical volume of gold slightly declined — from 379.45 tons to 367.09 tons.
Foreign exchange reserves also showed significant growth, increasing by more than $883 million to reach $10.41 billion. Of this amount, $358.98 million is held in accounts with other countries' central banks and the IMF, while $9.85 billion is kept in foreign banks.
In addition, the value of securities purchased by the Central Bank slightly increased, reaching $203.12 million.
Such achievements help boost Uzbekistan’s reputation as a reliable partner in the eyes of international financial institutions and investors. Going forward, these reserves may serve as a guarantee of stability in relation to the country’s external debt and investment projects.
Particularly noteworthy is the rise in the value of gold reserves, which increased by over $2 billion to reach $36.88 billion. Interestingly, despite the increase in value, the physical volume of gold slightly declined — from 379.45 tons to 367.09 tons.
Foreign exchange reserves also showed significant growth, increasing by more than $883 million to reach $10.41 billion. Of this amount, $358.98 million is held in accounts with other countries' central banks and the IMF, while $9.85 billion is kept in foreign banks.
In addition, the value of securities purchased by the Central Bank slightly increased, reaching $203.12 million.
Such achievements help boost Uzbekistan’s reputation as a reliable partner in the eyes of international financial institutions and investors. Going forward, these reserves may serve as a guarantee of stability in relation to the country’s external debt and investment projects.
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