Markets Actual Q3 Q4 Q1 Q2 2021
Currency 10168.38 10226 10284 10343 10402 10520

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 5.60 1 3.5 5.4 6.5 6
Unemployment Rate (%) 5.50 6 6 5.5 5.5 5.5
Inflation Rate (%) 14.00 15 15 10 10 10
Interest Rate (%) 15.00 15 15 15 15 15
Balance of Trade (USD Million) -4291.70 1870 1800 1800 1800 1800
Current Account (USD Million) -2769.00 -360 -360 -360 -360 -360
Current Account to GDP (%) -5.60 -9.5 -9.5 -6.5 -6.5 -6.5
Government Debt to GDP (%) 23.60 25.5 25.5 25 25 25
Government Budget (% of GDP) 0.50 -0.5 -0.5 -1 -1 -1
Corporate Tax Rate (%) 7.50 7.5 7.5 7.5 7.5 7.5
Personal Income Tax Rate (%) 23.00 23 23 23 23 23

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 5.60 1 3.5 5.4 6.5 6
GDP (USD Billion) 55.00 56.5 56.5 59.9 59.9 59.9
Gross Fixed Capital Formation (UZS Billion) 33387.30 135370 196572 35190 35557 208366
GDP per capita (USD) 2026.50 2154 2154 2218 2218 2218
GDP per capita PPP (USD) 6240.30 6900 6900 6900 6477 6696
GDP Constant Prices (UZS Billion) 110517.80 365477 529752 116486 117701 561538
GDP From Agriculture (UZS Billion) 25228.50 158234 232139 26591 26868 246067
GDP From Construction (UZS Billion) 15462.40 22787 30938 16297 16467 32794
GDP From Services (UZS Billion) 50365.70 23325 33318 53085 53639 35317

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 5.50 6 6 5.5 5.5 5.5
Unemployed Persons (Thousand ) 1368.60 720 720 720 720 720
Population (Million) 33.26 34.5 34.5 35.1 35.1 35.1
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 55.00 55 55 55 55 55
Wages (UZS Thousand/Month) 1822.20 1600 1700 1700 1700 1700
Employed Persons (Thousand) 13273.10 14190 14190 14190 14190 14190

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 14.00 15 15 10 10 10
Food Inflation (%) 16.90 15.5 15.5 15.5 15.5 15.5

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 15.00 15 15 15 15 15

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -4291.70 1870 1800 1800 1800 1800
Current Account (USD Million) -2769.00 -360 -360 -360 -360 -360
Current Account to GDP (%) -5.60 -9.5 -9.5 -6.5 -6.5 -6.5
Imports (USD Million) 17968.80 12900 13300 13300 13300 13300
Exports (USD Million) 13677.00 14770 15100 15100 15100 15100
Crude Oil Production (BBL/D/1K) 40.00 39 38 38 38 38

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 23.60 25.5 25.5 25 25 25
Government Budget (% of GDP) 0.50 -0.5 -0.5 -1 -1 -1
Government Budget Value (UZS Billion) -5848.20 600 650 650 650 650

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 7.50 7.5 7.5 7.5 7.5 7.5
Personal Income Tax Rate (%) 23.00 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 Q3 Q4 Q1 Q2 2021
Industrial Production (%) 6.90 10.7 8.5 8.5 8.5 8.5
Steel Production (Thousand Tonnes) 80.00 55 50 50 50 50

Consumer Actual Q3 Q4 Q1 Q2 2021
Retail Sales YoY (%) 5.50 3.8 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.