​​Trade House of Uzbekistan
​​​​​​​In Iran​​​​​​​

Connecting investors industries and opportunities​​​​​​​

GDP grew by 7.7% in 2025 — up from 6.7% in 2024 — with nominal output reaching approximately USD 147 billion, placing Uzbekistan among the world's 60 largest economies. Rapid urbanization, favorable demographic trends, and expanding domestic demand are shaping one of the region's most dynamic consumer markets.​​​​​​​

Economy

GDP Growth (2019–2025)
2019 2020 2021 2022 2023 2024 2025

Trade House of Uzbekistan In Iran

Economy Overview
Uzbekistan continues strong macroeconomic transformation with GDP growth of 7.7% in 2025, declining inflation, expanding investment inflows, and rapid structural diversification of the economy.
📊
USD 147B
GDP (2025)
📈
7.7%
GDP Growth
📉
7.3%
Inflation Rate
👥
4.8%
Unemployment
🌍
$81.2B
Trade Turnover
💼
$43.1B
FDI Inflows
🚀
38.2M
Population
🏢
18,164
Foreign Firms
“Inflation in 2025 stood at 7.3% — nearly half of 2017 levels — reflecting macroeconomic stabilization and structural reforms.”

"Inflation in 2025 stood at 7.3% — nearly half of what it was in 2017 — marking the lowest level in nine years."
Macroeconomic policy remains focused on stability and predictability. The labor market has seen significant improvement: the unemployment rate fell to 4.8% in 2025 per the IMF, the lowest on record, driven by rising formal employment — up 17% year-on-year — and private sector expansion. Uzbekistan's population reached 38.2 million as of January 2026 (National Statistics Committee), one of Central Asia's youngest demographics, with a median age of just 27 years.​​​​​​​

The structure of the economy is becoming increasingly diversified. Services now account for 48.6% of GDP, industry 26.8%, construction 7.3%, and agriculture 17.3%. Private consumption rose 9.2% in real terms in 2025, driven by higher wages and remittances, while total investment grew by 10.5% — with investment as a share of GDP reaching 31.9%
 
Foreign trade turnover exceeded USD 81.2 billion in 2025, with exports reaching USD 33.8 billion — up 24% year-on-year — actively developing across gold, agriculture, energy, and processing industries. Economic policy is focused on promoting export-oriented production, deepening value-added processing, and integrating the country into regional and global value chains