The European Bank for Reconstruction and Development (EBRD) has forecast average economic growth of 6.1% across Central Asia in 2025, according to its latest Regional Economic Prospects report. Bank’s projection covers Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan.
The Bank attributes this performance to strong industrial output, resilient domestic demand, rising real wages, investment flows and continued remittance growth. For 2026, the outlook remains positive though growth is expected to ease to 5.2%. Main risks include volatility in commodity markets, dependence on remittances and heavy reliance on Russian and Chinese demand.