Uzbekistan revised its gross domestic product after the National Statistics Committee broadened its data coverage. The updated figures show GDP for 2024 rising from $115 bn to $121.4 bn, helped by the inclusion of an extra $6.81 bn of added value.
The changes were presented on November 27 during a meeting where President Shavkat Mirziyoyev reviewed the committee’s latest report. Officials also noted a continued reduction in the shadow economy, which has dropped from 50% in 2017 to 35% this year. Plans are in place to bring a further $6.64 bn of activity into the formal sector, which would...