World Bank projects 5.8% economic growth for Uzbekistan in 2025

The World Bank's "Global Economic Outlook" report analyzes trends, forecasts, and risks for Europe and Central Asia.

Forecast for the coming years

The World Bank predicts that Uzbekistan's economy will grow by 5.8% in 2025 and 5.9% in 2026. These growth rates are among the highest in Europe and Central Asia.

In October 2024, it was also announced that Uzbekistan's GDP would grow by 5.8% in 2025 and 5.9% in 2026.

Earlier reports indicated that Uzbekistan's GDP would increase by 6.5% in 2024, reaching $115 billion.

Forecast for Central Asian countries' economies

According to the World Bank forecast, Kazakhstan's economy is projected to grow by 4.7% in 2025 and 3.5% in 2026.

Kyrgyzstan's economy is expected to grow by 4.5% in both 2025 and 2026.

Tajikistan’s economy grew by 8% in 2022, 8.3% in 2023, and is expected to grow by 8% again in 2024. However, projections suggest a slowdown to 6% growth in 2025 and 5% in 2026.

In December 2024, S&P Global Ratings predicted that Uzbekistan’s economic growth would slow to 5.5% in 2025.