ALMATY, Kazakhstan, December 18. Countries of
Central Asia are demonstrating the fastest economic growth rates
seen over the past decade, said Evgeny Vinokurov, Vice Chairman and
Chief Economist at the Eurasian Development Bank (EDB), Trend’s special
correspondent reports.
Speaking at the presentation of the EDB’s report "Macroeconomic
Forecast for 2026-2028" in Almaty, Vinokurov noted that by the end
of 2025, the EDB expects economic growth of 6.6% across four
Central Asian countries.
“We project economic growth of 5.9% in Kazakhstan, 10.3% in
Kyrgyzstan, 8.3% in Tajikistan, and 7.4% in Uzbekistan,” the
economist stated.
Vinokurov further noted that forecasts for 2026 indicate
continued robust growth across the region, with overall economic
expansion expected to reach 6.1%, surpassing global average growth
rates.
“The combined gross domestic product (GDP) of Central Asian
countries is projected to exceed $600 billion in 2026. This
achievement will be underpinned by sustained investment activity
and strong consumer demand. According to our projections,
Kazakhstan’s economy will expand by 5.5%, Kyrgyzstan’s by 9.3%,
Tajikistan’s by 8.1%, and Uzbekistan’s by 6.8%,” he emphasized.
The Eurasian Development Bank (EDB), a multilateral development
institution, focuses on promoting economic growth, strengthening
trade and economic cooperation among its member states, and
advancing regional integration through targeted investment
initiatives. Its membership comprises Armenia, Belarus, Kazakhstan,
Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.
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