The Center for Economic Research and Reforms (CERR) has raised its forecast for Uzbekistan’s economic growth in 2025 to 7.5%, which is 0.8 percentage points higher than the June estimate.
📊 Economic growth drivers
Growth is supported by expanding domestic demand, rising exports, and increased investment. According to CERR, the projected growth range stands at 7.3–7.7%, indicating a stable and resilient economic trajectory.
Current macroeconomic indicators:
✔️ GDP growth of 7.6% over the first 9 months of 2025
✔️ Foreign trade turnover up by nearly 25%
✔️ Exports increased by almost 30%
✔️ Investment growth of around 15%
✔️ Remittances up by 25%
The Business Activity Index rose by 34.2% year-on-year in October.
🌍 Assessments by international institutions:
The International Monetary Fund forecasts growth of 7.3%, the World Bank — 6.2%, and the Asian Development Bank — 6.6%.
