Uzbekistan's Economy Among Central Asia's Leaders

According to data from the World Bank, Uzbekistan remains one of the fastest-growing economies in the region. The country's gross domestic product (GDP) is projected to grow by 6.2% in 2025 and by 6% in 2026.

Another country expected to make a significant contribution to Central Asia's development is Kyrgyzstan. These insights are detailed in the World Bank's report titled "Europe and Central Asia Economic Update: Jobs and Prosperity," which was presented on November 13 in Tashkent at the Center for Economic Research and Reforms.

The World Bank's Regional Director for Central Asia, Nodji Benhassine, emphasized a substantial increase in the working-age population in the region over the next 20 years. According to him, Uzbekistan is experiencing steady development thanks to large-scale reforms, and providing employment for skilled young people is crucial to maintaining this progress.

The World Bank's Senior Economist, Ivan Torre, highlighted infrastructure improvement, human capital development, and attracting private investments as key drivers for the region's development. Forecasts indicate that Central Asia's GDP growth rate will be approximately 5% in 2026 and around 4.6% in 2027.

Employment levels remain moderate but stable, with Uzbekistan making the largest contribution to job creation in the region.

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