According to the UN report "World Economic Situation and Prospects 2026," Uzbekistan's economy will demonstrate one of the highest growth rates in the CIS over the next three years. In 2025, the country's GDP grew by 7.3%, driven by strong domestic demand, rising incomes, and large-scale government investments, including joint projects with China. Growth is expected to be 6.0% in 2026 and 5.9% in 2027, significantly higher than the regional average.
The dynamics of price stability are also positive: inflation in 2025 was 9%, and it is projected to decrease to 7.1% and 5.8% in 2026-2027, respectively. The slowdown in inflation is attributed to the stabilization of global food and energy prices, as well as effective monetary policy.
Analysts note persistent vulnerabilities: the economy's dependence on global gold prices, logistical constraints due to the lack of sea access, and the agricultural sector's sensitivity to extreme weather conditions. Nevertheless, against the backdrop of slowing growth in the CIS to an average of 2.2% in 2026, Uzbekistan remains a regional engine, and further progress will depend on structural reforms, the development of the digital economy, and institutional transformations.
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