Uzbekistan’s government has released its macroeconomic forecast for 2025, projecting a 6.0% economic growth rate. Growth is expected to reach 6.1% in 2026 and 6.3% in 2027. These figures reflect continued progress across key sectors, supported by targeted reforms and investments, despite global economic challenges and inflationary pressures.
In absolute terms, Uzbekistan’s Gross Domestic Product (GDP) is projected to expand significantly over the forecast period:
- 2023: 1.2 trillion soums ($93mn)
- 2024: 1.4 trillion soums ($110mn)
- 2025: 1.6 trillion soums ($127mn)
- 2026: 1.9 trillion soums ($146mn)
- 2027: 2.1 trillion soums ($166mn)
Growth across economic sectors is expected to remain strong in 2025, driven by industrial production, construction, market services, and agriculture.
