The Gross Domestic Product (GDP) in Uzbekistan was worth 101.59 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Uzbekistan represents 0.10 percent of the world economy. This dataset provides the latest reported value for - Uzbekistan GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Uzbekistan: Economic growth forecast: The latest value from 2030 is 5.71 percent, an increase from 5.7 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Uzbekistan from 1993 to 2030 is 5.28 percent. The minimum value, -5.2 percent, was reached in 1994 while the maximum of 9.5 percent was recorded in 2007.

The services sector accounted for the largest share of gross domestic product in Uzbekistan, exceeding 47 percent in the first nine months of 2024. The second-largest GDP share was occupied by the industry sector, followed by agriculture, forestry, and fishery.

The latest data from show economic growth of 6.55 percent, which is a decrease from the rate of growth of 6.56 percent in the previous quarter and
an increase compared to the growth rate of 6.31 percent in the same quarter last year. The economic growth time series for Uzbekistan cover the period...

The Gross Domestic Product (GDP) in Uzbekistan expanded 6.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Uzbekistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Uzbekistan Real GDP Growth

• The Gross Domestic Product (GDP) in Uzbekistan expanded 5.7 % YoY in Dec 2022, following a growth of 5.8 % in the previous quarter.
• Real GDP Growth YoY data in Uzbekistan is updated quarterly, available from Mar 2016 to Dec 2022, with an average rate of 5.7 %.
• The data reached an all-time high of 7.4 % in Dec 2021 and a record low of 0.5 % in Sep 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. State Committee of the Republic of Uzbekistan on Statistics provides year-to-date Real GDP in local currency, at previous year prices.


Related information about Uzbekistan Real GDP Growth

• In the latest reports, Nominal GDP of Uzbekistan reached 23.3 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 11.8 % in Sep 2022.
• GDP Per Capita in Uzbekistan reached 1,983.1 USD in Dec 2021.
• Its Gross Savings Rate was measured at 28.7 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 30.2 % in Sep 2022.
• Public Consumption accounted for 15.3 % in Sep 2022.
• Private Consumption accounted for 55.9 % in Sep 2022.

Key information about Uzbekistan Nominal GDP Growth

• Uzbekistan Nominal GDP Growth was reported at 21.413 % in Dec 2024.
• This records an increase from the previous number of 20.798 % for Sep 2024.
• Uzbekistan Nominal GDP Growth data is updated quarterly, averaging 22.626 % from Mar 2017 to Dec 2024, with 32 observations.
• The data reached an all-time high of 52.769 % in Dec 2017 and a record low of 8.373 % in Sep 2020.
• Uzbekistan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The State Committee of the Republic of Uzbekistan on Statistics provides year-to-date Nominal GDP in local currency.

Uzbekistan: Economic freedom, overall index (0-100): The latest value from 2024 is 56 index points, a decline from 57 index points in 2023. In comparison, the world average is 59 index points, based on data from 174 countries. Historically, the average for Uzbekistan from 1998 to 2024 is 47 index points. The minimum value, 32 index points, was reached in 1998 while the maximum of 58 index points was recorded in 2021.

Uzbekistan: Shadow economy, percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Uzbekistan from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 42.506 % in 2023. This records an increase from the previous number of 41.060 % for 2022. Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 41.060 % from Dec 2019 (Median) to 2023, with 5 observations. The data reached an all-time high of 42.506 % in 2023 and a record low of 35.673 % in 2019. Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uzbekistan – Table UZ.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;

Uzbekistan: Value added in the agricultural sector as percent of GDP: The latest value from 2023 is 20.57 percent, a decline from 20.97 percent in 2022. In comparison, the world average is 9.91 percent, based on data from 166 countries. Historically, the average for Uzbekistan from 1987 to 2023 is 27.09 percent. The minimum value, 18.63 percent, was reached in 2009 while the maximum of 37.09 percent was recorded in 1991.

Uzbekistan: Imports of goods and services as percent of GDP: The latest value from 2023 is 45.48 percent, an increase from 43.9 percent in 2022. In comparison, the world average is 49.03 percent, based on data from 138 countries. Historically, the average for Uzbekistan from 1997 to 2023 is 30.35 percent. The minimum value, 16.86 percent, was reached in 2016 while the maximum of 45.48 percent was recorded in 2023.

Small and medium enterprises (SMEs) are critical to the economic development of Uzbekistan, contributing significantly to employment, innovation, and financial stability. In recent years, Uzbekistan has undertaken a series of economic reforms to improve the business environment, fostering entrepreneurship and SME growth. However, challenges such as limited access to capital, high taxation, and bureaucratic hurdles continue to obstruct the expansion of SMEs. This paper explores the role of SMEs in Uzbekistan’s economy, analyzing their impact on economic growth, employment, and export development. Additionally, international best practices are examined to provide recommendations for enhancing the SME sector. By addressing the structural barriers faced by SMEs and implementing targeted policies, Uzbekistan can leverage this sector for long-term, sustainable economic growth.

Uzbekistan: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 10008 U.S. dollars, an increase from 9608 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for Uzbekistan from 1990 to 2023 is 5489 U.S. dollars. The minimum value, 3047 U.S. dollars, was reached in 1996 while the maximum of 10008 U.S. dollars was recorded in 2023.

Consumption as percent of GDP in Uzbekistan, December, 2024 The most recent value is 71.87 percent as of Q4 2024, an increase compared to the previous value of 57.76 percent. Historically, the average for Uzbekistan from Q1 2016 to Q4 2024 is 67.35 percent. The minimum of 57.76 percent was recorded in Q3 2024, while the maximum of 78.65 percent was reached in Q1 2017. | TheGlobalEconomy.com

Uzbekistan: Informal economy, MIMIC method: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Uzbekistan from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Uzbekistan: Trade balance as percent of GDP: The latest value from 2023 is -19 percent, a decline from -16.88 percent in 2022. In comparison, the world average is -3.03 percent, based on data from 137 countries. Historically, the average for Uzbekistan from 1997 to 2023 is -3.38 percent. The minimum value, -19 percent, was reached in 2023 while the maximum of 6.98 percent was recorded in 2004.

Explore Uzbekistan-Economic policy through data • Key facts: number of authors, number of books, books, authors, publication dates, book publishers • Real-time news, visualizations and datasets

Exports in Uzbekistan increased to 11882.10 USD Million in April from 8106.80 USD Million in March of 2025. This dataset provides - Uzbekistan Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Uzbekistan Investment: % of GDP

• Uzbekistan Investment accounted for 38.6 % of its Nominal GDP in Sep 2024, compared with a ratio of 30.3 % in the previous quarter.
• Uzbekistan investment share of Nominal GDP data is updated quarterly, available from Mar 2016 to Sep 2024, with an average ratio of 30.2 %.
• The data reached an all-time high of 42.3 % in Mar 2024 and a record low of 17.4 % in Sep 2017.

CEIC calculates quarterly Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. The State Committee of the Republic of Uzbekistan on Statistics provides year-to-date Nominal Gross Capital Formation in local currency and year-to-date Nominal GDP in local currency.


Related information about Uzbekistan Investment: % of GDP

• In the latest reports, Uzbekistan GDP expanded 5.5 % YoY in Mar 2023.
• Uzbekistan Nominal GDP reached 17.5 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 12.6 % in Mar 2023.
• Uzbekistan GDP Per Capita reached 2,790.0 USD in Dec 2023.
• Its Gross Savings Rate was measured at 30.1 % in Sep 2024.