Markets Actual Q1 Q2 Q3 Q4 2020
Currency 9486.23 9552 9604 9658 9711 9818
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.80 5.6 5.5 5.2 5.3 5.4
Unemployment Rate (%) 6.90 6.5 6.5 6.5 6.5 6.5
Inflation Rate (%) 17.50 13 13 13 13 10
Interest Rate (%) 16.00 15 15 15 15 16
Balance of Trade (USD Million) -4291.70 1870 1870 1870 1800 1800
Current Account (USD Million) -2769.00 -360 -360 -360 -360 -360
Current Account to GDP (%) -7.00 -5.5 -5.5 -5.5 -5.5 -4.6
Government Debt to GDP (%) 23.60 22.4 22.4 22.4 22.4 24
Government Budget (% of GDP) 0.50 0.5 0.5 0.5 0.5 0.2
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 Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.80 5.6 5.5 5.2 5.3 5.4
GDP (USD Billion) 50.50 56.5 56.5 56.5 56.5 59.9
Gross Fixed Capital Formation (UZS Billion) 134029.40 33813 96956 140999 141133 148754
GDP per capita (USD) 2026.50 2154 2154 2154 2154 2218
GDP per capita PPP (USD) 6240.30 6900 6900 6900 6900 6900
GDP Constant Prices (UZS Billion) 361858.40 96199 234233 380675 381037 401613
GDP From Agriculture (UZS Billion) 156667.10 12668 51223 164814 164970 173879
GDP From Construction (UZS Billion) 50922.20 5183 16053 53570 53621 56517
GDP From Services (UZS Billion) 135572.00 22911 15151 142622 142757 150466
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 6.90 6.5 6.5 6.5 6.5 6.5
Unemployed Persons (Thousand ) 1368.60 720 720 720 720 720
Population (Million) 33.30 34.5 34.5 34.5 34.5 35.1
Employed Persons (Thousand) 13273.10 14190 14190 14190 14190 14190
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 1600 1600 1700 1700
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 17.50 13 13 13 13 10
Food Inflation (%) 20.10 15.5 15.5 15.5 15.5 15.5
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 16.00 15 15 15 15 16
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -4291.70 1870 1870 1870 1800 1800
Current Account (USD Million) -2769.00 -360 -360 -360 -360 -360
Current Account to GDP (%) -7.00 -5.5 -5.5 -5.5 -5.5 -4.6
Exports (USD Million) 13677.00 14770 14770 14770 15100 15100
Imports (USD Million) 17968.80 12900 12900 12900 13300 13300
Crude Oil Production (BBL/D/1K) 40.00 39 39 39 38 38
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 23.60 22.4 22.4 22.4 22.4 24
Government Budget (% of GDP) 0.50 0.5 0.5 0.5 0.5 0.2
Government Budget Value (UZS Billion) -7323.10 600 600 600 650 650
Taxes Actual Q1 Q2 Q3 Q4 2020
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 Q1 Q2 Q3 Q4 2020
Industrial Production (%) 6.90 10.7 10.7 10.7 8.5 8.5
Steel Production (Thousand Tonnes) 45.00 55 55 55 50 50
Consumer Actual Q1 Q2 Q3 Q4 2020
Retail Sales YoY (%) 5.50 3.8 3.8 3.8 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.