Materials with tag «gdp»


EBRD projects 6.5% economic growth for Uzbekistan in 2024
15 May 2024, 15:04

EBRD projects 6.5% economic growth for Uzbekistan in 2024

The European Bank for Reconstruction and Development projects Uzbekistan’s GDP to grow by 6.5% in 2024 and 6% in 2025. Analysts anticipate that investment and net exports will drive growth, while limitations may arise from deficits in energy and water resources.

World Bank improves GDP growth forecast for Uzbekistan
7 June 2023, 20:16

World Bank improves GDP growth forecast for Uzbekistan

The World Bank revised its forecast for Uzbekistan’s GDP growth this year to 5.1%, up from 4.9% in January. The report also notes that the growth of remittances from labor migrants in Russia may slow down this year, especially for Central Asian and South Caucasian countries.

EBRD forecasts Central Asian economies to grow by 5.2% in 2023
18 May 2023, 13:17

EBRD forecasts Central Asian economies to grow by 5.2% in 2023

Central Asian economies have proven resilient to adverse geopolitical headwinds. The EBRD forecasts that the region’s economies will grow by at least 5.2% on average in 2023 and by around 5.4% in 2024.

Economic growth in Central Asia and the Caucasus will slow in 2023 — IMF
16 May 2023, 23:18

Economic growth in Central Asia and the Caucasus will slow in 2023 — IMF

The IMF says that the economies of Central Asia and the Caucasus were resilient and grew in 2022 despite various shocks, but the growth is expected to slow in 2023, and the region’s outlook is strongly influenced by external factors.

Uzbekistan’s GDP grows by 5.5% in Q1 2023
24 April 2023, 13:57

Uzbekistan’s GDP grows by 5.5% in Q1 2023

Uzbekistan’s GDP grew by 5.5% in the first quarter of 2023, surpassing forecasts, despite initial concerns due to industrial setbacks from January’s extreme cold weather. Industrial production and construction work demonstrated a significant rebound, contributing to the economic upturn.


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