EDB: Uzbekistan Achieves 7.7% Economic Growth

Uzbekistan is demonstrating a significant acceleration in economic growth according to the March 2026 Macroeconomic Review published by the Eurasian Development Bank (EDB). Following a solid performance in recent years, the nation’s GDP increased by 7.7% in 2025 which marks a notable rise from the 6.7% growth recorded the year before.

This robust economic expansion was primarily supported by active domestic demand and a steady influx of investments. The sectors experiencing the most dynamic development were trade, services and construction.

The positive momentum has firmly carried over into the new year. In January 2026 economic activity remained high due to the continued expansion of industrial production and retail trade turnover.

On the monetary policy front the Central Bank of Uzbekistan has maintained a steady approach. The base interest rate has been kept at 14% per annum since March 2025. This moderately tight monetary policy reflects a strategic effort to balance active economic expansion with financial stability.

The wider Central Asian region is also experiencing notable economic momentum. Kazakhstan saw its GDP increase by 6.5% in 2025 supported largely by its non-resource sector. Meanwhile Kyrgyzstan reported an impressive 11.1% economic growth for the same year driven by strong investment dynamics and robust domestic demand. Tajikistan is similarly experiencing rapid economic expansion fuelled by strong internal demand and industrial development.

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