Uzbekistan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Uzbekistan expanded 5.30 percent in the first quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Uzbekistan averaged 7.63 percent from 2006 until 2019, reaching an all time high of 9.80 percent in the third quarter of 2007 and a record low of 3.60 percent in the first quarter of 2006.

GDP Annual Growth Rate in Uzbekistan is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Uzbekistan to stand at 5.20 in 12 months time. In the long-term, the Uzbekistan GDP Annual Growth Rate is projected to trend around 5.20 percent in 2020, according to our econometric models.

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Uzbekistan GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	5.30	5.10	9.80	3.60	percent	[+]
GDP	48.72	67.01	67.01	9.69	USD Billion	[+]
Gross Fixed Capital Formation	107333.00	71068.10	107333.00	346.80	UZS Billion	[+]
GDP per capita	2031.05	1961.50	2031.05	726.60	USD	[+]
GDP per capita PPP	6253.10	6038.90	6253.10	2237.00	USD	[+]
GDP Constant Prices	407514.50	244343.70	407514.50	2080.70	UZS Billion	[+]
GDP From Agriculture	11996.00	199537.40	199537.40	461.00	UZS Billion	[+]
GDP From Construction	4907.80	47260.70	47260.70	163.60	UZS Billion	[+]
GDP From Services	21695.60	146836.30	146836.30	241.90	UZS Billion	[+]

Even though Uzbekistan’s economy is relatively closed, it has been growing steadily due to its vast natural resources of oil, natural gas and gold. Receipts from these key industries allow the government to control the economy through investments in services (accounting for 48 percent of GDP) and industry (accounting for 40 percent of GDP). Uzbekistan is currently the world’s fifth largest producer of cotton, but is attempting to diversify its agriculture towards fruits and vegetables. This page provides - Uzbekistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uzbekistan GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.30	5.10	9.80	3.60	2006 - 2019	percent	Quarterly

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Country	Last		Previous	Range
China	6.40	Mar/19	6.4	15.4 : 3.8	%
India	5.80	Mar/19	6.6	11.4 : -5.2	%
Indonesia	5.07	Mar/19	5.18	7.16 : 1.56	%
Saudi Arabia	3.60	Dec/18	2.5	24.2 : -20.7	%
United States	3.20	Mar/19	3	13.4 : -3.9	%
Spain	2.40	Mar/19	2.3	5.6 : -4.3	%
Australia	1.80	Mar/19	2.3	8.3 : -3.5	%
United Kingdom	1.80	Mar/19	1.4	9.7 : -6.1	%
Netherlands	1.70	Mar/19	2.2	6.1 : -4.6	%
South Korea	1.70	Mar/19	2.9	20.8 : -7.3	%
Switzerland	1.70	Mar/19	1.5	5.8 : -3.7	%
Canada	1.30	Mar/19	1.6	9.3 : -4.1	%
Euro Area	1.20	Mar/19	1.2	5 : -5.5	%
France	1.20	Mar/19	1.2	12.6 : -3.8	%
Mexico	1.20	Mar/19	1.7	9 : -9.1	%
Singapore	1.20	Mar/19	1.3	19 : -8.8	%
Japan	0.90	Mar/19	0.3	9.4 : -8.8	%
Germany	0.70	Mar/19	0.6	7.2 : -6.8	%
Brazil	0.50	Mar/19	1.1	10.1 : -5.5	%
Russia	0.50	Mar/19	2.7	12.1 : -11.2	%
South Africa	0.00	Mar/19	1.1	7.1 : -2.6	%
Italy	-0.10	Mar/19	0	10.3 : -7.2	%
Turkey	-2.60	Mar/19	-3	11.7 : -14.4	%
Argentina	-5.80	Mar/19	-6.2	16.2 : -16.3	%