Central Asia's Growing Population and Youthful Workforce Indicate Economic Vitality

Studies indicate that the population growth, coupled with an expanding young workforce, reflects the robust strength of the Central Asian economy.

Central Asian region’s population stands at 81 million, with growth at 3.7% annually from 2021. Uzbekistan is the most populous country in Central Asia, accounting for 45% of the region’s total population, according to the Eurasian Development Bank’s (EDB) Macroeconomic Outlook 2025-2027, The Caspian Post reports citing foreign media.

Analytical Credit Rating Agency’s (ACRA) study reports that the five Central Asian states have experienced an average annual population growth rate of 1-2% over the past three decades. In 1991, the region had a population of 51 million, and by early 2024, this number had risen to 81 million.

The study shows that the region is characterized by steady population growth and increasing life expectancy. This trend has led to a growing workforce and increased consumption, enhancing the region’s economic potential.

According to ACRA analysts, Tajikistan and Uzbekistan are currently the most dynamic economies in the region. The Kyrgyz Republic and Turkmenistan, on the other hand, exhibit highly volatile economic growth, while Kazakhstan, as the region’s largest economy, experiences more stable and consistent growth rates.