Eurasian Development Bank Forecasts 6.5% Economic Growth for Uzbekistan in 2025

Uzbekistan’s gross domestic product (GDP) is projected to grow by 6.5% in 2025, according to forecasts by the Eurasian Development Bank (EADB).

The report highlights that the main drivers of this growth will be rising household incomes and active investment efforts aimed at sustainable development, The Caspian Post reports citing Uzbek media.

“Uzbekistan’s inflation rate may decrease to 8.1% in 2025,” the agency notes. “Factors supporting the national currency will include an increase in remittance inflows from abroad and growth in export volumes.”

Earlier, the World Bank also projected Uzbekistan’s economy to grow by 5.8% in 2025 and 5.9% in 2026 - one of the highest rates among countries in Europe and Central Asia.

Additionally, on January 3, the President of Uzbekistan was briefed on the implementation of the Law on the State Budget for 2025, which sets a targeted GDP growth rate of 6% for the current year.