Inflation rates in Uzbekistan
The inflation rate for consumer prices in Uzbekistan moved over the past 7 years between 8.1% and 17.5%. For 2022, an inflation rate of 11.4% was calculated.During the observation period from 2015 to 2022, the average inflation rate was 14.0% per year. Overall, the price increase was 151.31%. An item that cost 100 sums in 2015 costs 251.31 sums at the beginning of 2023.
› Inflation rates in global comparison
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Performance over the last 7 years compared with the USA
In only a few countries the price increase is that high. The Consumer Price Index (CPI) of 17.5% in 2018 means, that compared to the previous year all prices increased by an average of 17.5%. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 2014:
Inflation calculator for Uzbekistan
Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 sums in 2015 corresponds to 2,513.15 sums at the beginning of 2023 due to inflation.Inflation rates for consumer goods in Uzbekistan
Historical inflation rates in comparison
| Year | Uzbekistan | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2022 | 11.45 % | 9.22 % | 8.00 % | 8.31 % |
| 2021 | 10.85 % | 2.55 % | 4.70 % | 3.48 % |
| 2020 | 12.87 % | 0.48 % | 1.23 % | 1.92 % |
| 2019 | 14.53 % | 1.63 % | 1.81 % | 2.19 % |
| 2018 | 17.52 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | 13.88 % | 1.43 % | 2.13 % | 2.19 % |
| 2016 | 8.13 % | 0.18 % | 1.26 % | 1.55 % |
| 2015 | 8.75 % | -0.06 % | 0.12 % | 1.43 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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