Country Report 2017 - Browse a full set of economic indicators


Includes historical data for Uzbekistan’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Poverty Amid Mineral And Energy Wealth

Strategically positioned in Central Asia, Uzbekistan has recently embarked on a comprehensive reform program aimed at modernizing its previously closed and centralized economy. The government has set ambitious targets, including doubling the country’s GDP over the course of the current decade and addressing underemployment and poverty through improved business conditions.

Uzbekistan benefits from vast natural resources, low public debt, and significant foreign exchange reserves. Negotiations to join the World Trade Organization are underway, and foreign investment is welcomed across sectors. Despite such strengths and progress, weaknesses persist, notably trade dependence on Russia and China, opaque regulations, as well as vulnerability to commodity fluctuations, high unemployment, and elevated rates of informal economy.

Macroeconomy & Sovereign Data

Type of Government Presidential republic; highly authoritarian
Capital Tashkent (Toshkent)
Sovereign Ratings S&P: B–
Moody’s: Ba3
Fitch: B–
Total Population 6.4 million
Median Age 27
Adult Per Capita Income (PPP) 12,685.12
Total GDP (2023) 99.6 billion

Uzbekistan GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 31.3 billion (2022)
Leading Exports Cars And Vehicle Parts
Packaged Medicines
Refined Petroleum
Construction Vehicles  
Total Imports USD 14.4 billion (2022)
Leading Imports Gold
Natural Gas
Cotton Fibers
Ethylene Polymers            
Source: World Integrated Trade Solution

Uzbekistan Leading Companies

National Bank of Uzbekistan Financials
Uztransgaz Energy, Oil & Gas Exploration & Production
Almalyk Mining and Metallurgical Complex Materials, Metals & Mining
Navoi Mining and Metallurgical Combinat Materials, Metals & Mining
Uzbekistan Airways Transportation, Airlines
Uztelecom Telecommunication Services

Major Trade Partners — Import

Russia 22.4%
China 20.4%
Kazakhstan 11.4%
South Korea 7.3%
Türkiye 7.0%

Major Trade Partners — Export

Unspecified 33.0%
China 12.4%
Russia 12.1%
Türkiye 11.6%
Kazakhstan 7.3%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000