Uzbekistan’s economy is expected to grow by 6.8 percent in 2026 – EDB

Uzbekistan’s economy is projected to expand by 6.8 percent in 2026, while inflation is expected to stand at 6.7 percent, with the average annual exchange rate estimated at around 12,800 soums per US dollar. This is stated in a new macroeconomic forecast released by the Eurasian Development Bank (EDB).

According to the forecast, economic growth will be driven by high levels of investment and favorable gold prices. Inflation is expected to continue declining within the Central Bank’s target range and may slow to 6.7 percent by the end of 2026. Under favorable price conditions, strong remittance inflows and growth in metal exports are also expected to support the national currency.

In addition, the combined gross domestic product (GDP) of Central Asian countries is expected to exceed $600 billion. This outcome will be supported by active investment and strong consumer demand.

The EDB notes that the economies of Eurasian countries are expected to grow by 9.3 percent in 2026. At the same time, Central Asian states are recording their highest economic growth rates of the past decade.

“By the end of 2025, we expect growth of 6.6 percent. In 2026, the region will continue its confident expansion at around 6.1 percent, which is above the global average,” the statement said.