The Gross Domestic Product (GDP) in Uzbekistan expanded 5.2 percent year-on-year in the first nine months of 2018. GDP Annual Growth Rate in Uzbekistan averaged 7.72 percent from 2006 until 2018, 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 5.00 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 4.80 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.

Uzbekistan GDP Annual Growth Rate
Forecast Data Chart
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Uzbekistan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.20 4.90 9.80 3.60 percent [+]
GDP 48.72 67.01 67.01 9.69 USD Billion [+]
Gross Fixed Capital Formation 71068.10 41239.20 71068.10 346.80 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 244343.70 152533.40 249136.40 2080.70 UZS Billion [+]
GDP From Agriculture 59327.10 35210.80 69504.20 461.00 UZS Billion [+]
GDP From Construction 33652.90 21588.80 34060.80 163.60 UZS Billion [+]
GDP From Services 105244.80 66562.90 116795.70 241.90 UZS Billion [+]

Uzbekistan GDP Annual Growth Rate

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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 4.90 9.80 3.60 2006 - 2018 percent Quarterly

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