Markets Actual Q1 Q2 Q3 Q4 2022
Currency 10520.50 10577 10637 10698 10759 10881

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 1.60 5.4 6.5 6.5 6 5.5
Unemployment Rate (%) 5.50 5.5 5.5 5.5 5.5 5.5
Inflation Rate (%) 11.60 10 9 9 10 10
Interest Rate (%) 14.00 14 14 14 14 15
Balance of Trade (USD Million) -4291.70 1800 1800 1800 1800 1800
Current Account (USD Million) -3846.00 -360 -360 -360 -360 -360
Current Account to GDP (%) -5.60 -6.5 -6.5 -6.5 -6.5 -4.5
Government Debt to GDP (%) 20.40 30 30 30 30 32
Government Budget (% of GDP) 0.50 -1 -1 -1 -1 0.1
Corporate Tax Rate (%) 7.50 7.5 7.5 7.5 7.5 7.5
Personal Income Tax Rate (%) 12.00 23 23 23 23 23

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 1.60 5.4 6.5 6.5 6 5.5
GDP (USD Billion) 57.92 56.5 56.5 56.5 56.5 62
Gross Fixed Capital Formation (UZS Billion) 138106.60 190874 35190 90319 124606 202326
GDP per capita (USD) 2459.00 2450 2450 2450 2450 2500
GDP per capita PPP (USD) 6998.70 6900 6900 6900 6477 6696
GDP Constant Prices (UZS Billion) 408296.60 514397 116486 271844 473097 545261
GDP From Agriculture (UZS Billion) 180069.80 225410 26591 103512 231649 238935
GDP From Construction (UZS Billion) 65154.60 30041 16297 45813 54866 31843
GDP From Services (UZS Billion) 157085.30 32352 53085 107189 170467 34294

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 5.50 5.5 5.5 5.5 5.5 5.5
Unemployed Persons (Thousand ) 1368.60 720 720 720 720 720
Population (Million) 34.55 35.1 35.1 35.1 35.1 35.7
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 55.00 55 55 55 55 55
Wages (UZS Thousand/Month) 2324.60 1700 1700 1700 1700 1700
Employed Persons (Thousand) 13541.10 14190 14190 14190 14190 14190

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 11.60 10 9 9 10 10
Food Inflation (%) 16.90 15.5 15.5 15.5 15.5 15.5

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 14.00 14 14 14 14 15

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -4291.70 1800 1800 1800 1800 1800
Current Account (USD Million) -3846.00 -360 -360 -360 -360 -360
Current Account to GDP (%) -5.60 -6.5 -6.5 -6.5 -6.5 -4.5
Imports (USD Million) 17968.80 13300 13300 13300 13300 13300
Exports (USD Million) 13677.00 15100 15100 15100 15100 15100
Crude Oil Production (BBL/D/1K) 40.00 38 38 38 38 38

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 20.40 30 30 30 30 32
Government Budget (% of GDP) 0.50 -1 -1 -1 -1 0.1
Government Budget Value (UZS Billion) -5848.20 650 650 650 650 650

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 7.50 7.5 7.5 7.5 7.5 7.5
Personal Income Tax Rate (%) 12.00 23 23 23 23 23
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 32.00 32 32 32 32 32
Social Security Rate For Companies (%) 25.00 25 25 25 25 25
Social Security Rate For Employees (%) 7.00 7 7 7 7 7

Business Actual Q1 Q2 Q3 Q4 2022
Industrial Production (%) -2.70 8.5 8.5 8.5 8.5 8.5
Steel Production (Thousand Tonnes) 80.00 50 50 50 50 50

Consumer Actual Q1 Q2 Q3 Q4 2022
Retail Sales YoY (%) -0.20 4.1 4.1 4.1 4.1 4.1


This page has economic forecasts for Uzbekistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Uzbekistan economy.