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Usbekistan

Uzbekistan is one of the fastest growing economies in the world. The economic dynamics are based on an ambitious reform agenda. ​

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  • Economic Monitor Uzbekistan

    WA 10 | September 2024

    Last year, the Uzbek economy grew by a strong 6.0%, driven by rising government spending and investment. Solid growth of 5.4% is expected for the current year. The inflation rate in August 2024 was a relatively high 10.5%, which was driven by the increase in energy tariffs for households. The budget deficit and current account deficit were also elevated at 5.5% of GDP and 8.6% of GDP respectively in 2023, but are expected to decline this year.

    -In German-

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