Macro - Country Economic Forecasts - Uzbekistan

Macro - Country Economic Forecasts - Uzbekistan

We forecast Uzbekistan's real GDP will grow by 5.5% in 2024 on buoyant fixed investment, robust domestic consumption, and expansionary fiscal policy. The subdued economies of key trading partners like Russia and China and high global inflationary pressures will continue to pressure growth. But we also expect renewed strength in foreign direct investment this year which, along with the ongoing structural reforms and strong domestic demand, will support growth.

Uzbekistan: Services inflation poses new threat to disinflation
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Policy and Politics

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