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Indicators of economy in Uzbekistan

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Uzbekistan, on the other hand, reached USD 1,983 per capita, or 69.24 billion USD for the whole country. Uzbekistan is therefore currently ranked 74 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Uzbekistan ranks 128th in the list of the richest countries.

Inflation in Uzbekistan in 2021 was around 10.85%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 78.2 percent lower.
The index for perceived corruption in the public sector is 28, which is rather poor by global standards.


Back to overview: Uzbekistan

Impact of the COVID-19 pandemic

Overall, the gross domestic product in Uzbekistan in 2020 decreased moderatly from 59.91 billion US dollars to 59.89 billion US dollars. Certainly, there have been shifts in some sectors of the economy, but a drop of 0.022 percent is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 76 percent. The unemployment rate rose from 5.8 to 7.0 percent. The inflation rate fell from 14.5 percent previously to 12.9 percent by the end of 2020.

Unemployment rates in percentages 1991 - 2021

Economic performance 2021

 Uzbekistan
Total
Uzbekistan
per capita
EU
Total
EU
per capita
GDP69.24 bn USD1,983.06 USD17.177 tn USD33,384.92 USD
Gross national product68.58 bn USD1,964.16 USD16.895 tn USD32,835.37 USD


Development of gross domestic product in billions of USD 1990 - 2021



Imports and Exports 2021

 Uzbekistan
Total
Uzbekistan
per capita
EU
Total
EU
per capita
Imports27.77 bn USD795.35 USD8.916 tn USD17,329.02 USD
Exports16.40 bn USD469.69 USD9.554 tn USD18,569.19 USD


Development of imports and exports in billions of USD 2010 - 2021

Exports
Imports



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