Uzbekistan’s Economy Grows 8.7% in First Quarter of 2026

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International Managing Editor
Robust growth outpaces forecasts and reinforces Uzbekistan’s economic expansion trend

Uzbekistan’s economy grew by 8.7% year-on-year in the first quarter of 2026, according to the presidential press office, signalling stronger-than-expected economic performance.

Growth exceeds expectations

The result surpasses earlier forecasts, which had projected GDP growth of around 7% for the January–March period. Analysts say the higher figure reflects continued momentum across key sectors of the economy.

Sustained economic expansion

Uzbekistan has maintained steady growth in recent years, supported by investment, rising consumption, and expanding industrial and service sectors. The economy grew by about 7.7% in 2025, continuing a trend of strong post-reform performance.

Outlook remains positive

The latest data reinforces Uzbekistan’s position as one of the fastest-growing economies in Central Asia. Officials have set ambitious targets to sustain growth through structural reforms, industrial development, and increased foreign investment.

Economists say maintaining this pace will depend on global conditions, investment flows, and continued policy support for key sectors.

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