The Central Bank of Uzbekistan has updated its economic forecast: in 2025, the country's economy may grow by 7–7.5%, which is significantly higher than the expectations of international organizations. Already in the nine months of this year, GDP increased by 7.6%, demonstrating a sustainable trend and outpacing growth in key sectors.
The regulator notes that the drivers are industry, construction, foreign trade and growth in domestic demand. Investment inflows also play a role, as well as continued activity in the business sector. At the same time, inflation, according to the Central Bank, will remain at around 8%, which is considered a manageable level against the background of economic acceleration.
In the medium term, the authorities expect to maintain a high rate of development and gradually reduce inflationary pressure. Economists believe that with this scenario, Uzbekistan will continue to strengthen its position as one of the fastest growing markets in Central Asia.