What is the GDP of Uzbekistan?

Uzbekistan's GDP is approximately $115 billion USD. The GDP growth rate is 6.5%.

What is the population of Uzbekistan?

Uzbekistan has a population of approximately 36.4 million people. The population growth rate is 2%.

What is the inflation rate in Uzbekistan?

The inflation rate in Uzbekistan is 9.6%.

What is the unemployment rate in Uzbekistan?

The unemployment rate in Uzbekistan is 4.6%.

What is the GDP per capita of Uzbekistan?

Uzbekistan's GDP per capita is approximately $3,162 USD.

Is Uzbekistan a good country to invest in?

Uzbekistan has an investment score of 45/100, classified as "Caution" risk. Key sectors include Mining (Gold & Copper), Agriculture (Cotton), Textiles. Credit rating: NR.

How open is Uzbekistan's economy to trade?

Uzbekistan's trade openness (trade as % of GDP) is 61%. Exports total approximately $26.2B and imports $43.6B.

How much foreign investment does Uzbekistan attract?

Foreign direct investment (FDI) in Uzbekistan is 2.6% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Uzbekistan?

Uzbekistan's economy is composed of services (45% of GDP), industry (32% of GDP), and agriculture (18% of GDP).

Can I start a business in Uzbekistan as a foreigner?

Uzbekistan offers various options for foreign entrepreneurs. Visit our business setup guide for Uzbekistan for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Uzbekistan's economy growing?

Uzbekistan's GDP growth rate is 6.5%. This is above the global average, indicating strong economic momentum.

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Uzbekistan Economy Overview

Name: Uzbekistan Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaLower MiddleCapital: TashkentUZB

Caution

Growing

115B USD

GDP (Nominal)

Growing at 6.5%

$3,162

GDP Per Capita

Developing economy

36.4M

Population

+2% annual growth

High

9.6%

Inflation

Elevated

61%of GDP

Trade Openness

Strong

2.6%of GDP

FDI Inflows

Public Debt

Low

4.6%

Unemployment

Deficit

-$17.4B

Trade Balance

GDP

Billion USD, nominal

$115B

2024+12.3B

GDP Growth

Annual %

6.5%

2024+0.2%

Inflation

Consumer prices, annual %

9.6%

2024-0.4%

Population

Millions

36.4M

2024+0.7M

Economic Structure

Services45%

Industry32%

Agriculture18%

Investment Score Breakdown

Economic Health (30%)48

Political Safety (25%)28

Business Climate (20%)48

Financial Strength (15%)45

Growth Potential (10%)68

Key Sectors

Mining (Gold & Copper)

8% of GDP

growing

Agriculture (Cotton)

12% of GDP

stable

Textiles

6% of GDP

growing

Natural Gas

8% of GDP

stable

Should I Invest in Uzbekistan?

CautionSetup: ModerateROI: High

Uzbekistan scores 45/100 on the NationsData Investment Index, rated "Caution". The economy is growing at 5.8%, offering expanding market opportunity.

Investment Score45/100

GDP Growth5.8%

Inflation9.5%

FDI/GDP3.8%

Public Debt38.5%

Political Stability-0.7

Strengths

+Strong GDP growth at 5.8% - expanding market opportunity
+Low public debt (38.5% of GDP) - fiscal headroom

Risks

-Significant political instability - governance risks may affect business continuity
-Elevated inflation (9.5%) - factor into pricing strategy
-Corruption is a significant concern - budget for compliance and due diligence
-Large current account deficit (-5.2%) - currency depreciation risk

Also Consider

Kyrgyzstan

Same region, similar income level

Kosovo

Same region

Bosnia and Herzegovina

Same region

Tajikistan

Same region, similar income level

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