Published on: 2026-06-03
Source: People’s Republic of China in Russian –
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Tashkent, June 3 /Sinchua/ — The European Bank for Reconstruction and Development /EBRD/ has kept its forecast for Uzbekistan’s gross domestic product /GDP/ growth at 6.5% in 2026. This is stated in the bank’s June report on regional economic prospects, published on Wednesday.
According to the EBRD estimate, in 2027 the country’s economic growth rate will be 6 percent, which also matches the previous forecast.
The EBRD noted an acceleration of the economic momentum at the beginning of 2026, specifying that in the first quarter the real GDP of Uzbekistan grew by 8.7% year-on-year. According to the bank’s data, this growth was driven by consumer demand, with the expansion of the services sector facilitated by increasing money transfers and a significant rise in wages. An additional boost to the economy was provided by industry and construction, where growth amounted to 8% and 15.5% year-on-year, respectively.
According to official data, in 2025 Uzbekistan’s GDP increased by 7.7%. The country’s government has laid down a GDP growth rate of 6.6% for the current year in the law on the state budget. –0–
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