TASHKENT, Uzbekistan, February 1. Uzbekistan’s
economy is expected to grow by around 6.5–7% by the end of 2026,
Trend reports via the
Central Bank of Uzbekistan.
According to the regulator, economic activity in 2025 developed
at a higher-than-expected level, driven primarily by resilient
aggregate demand. High investment activity, fiscal spending, and
rising remittances are expected to continue supporting income
growth and stimulating consumer demand.
The Central Bank noted that strong export revenues, particularly
from precious metals, alongside favorable external conditions, are
expected to provide additional support to economic growth.
Despite ongoing uncertainty in the external environment, the
overall impact on the economy is expected to remain moderate, as
inflation in major trading partner countries continues to decline
and global economic growth exceeds earlier expectations.
The GDP outlook comes as inflation in Uzbekistan is projected at
around 6.5% by the end of 2026, prompting the Central Bank to
maintain a tight monetary policy stance.
