Uzbekistan became the economic growth driver in Central Asia
The United Nations (UN) has recognized Uzbekistan as the main driver of sustainable economic growth in Central Asia. This was reported by Zamin.uz.
Currently, amid a global economic slowdown and declining growth rates in CIS countries, Uzbekistan stands out as a country ensuring stable growth and macroeconomic stability for the region. This was reported by “Kursiv.uz”.
According to the UN's "World Economic Situation and Prospects" report for 2026, Uzbekistan's economy has shown growth indicators in recent years that surpass not only the global average but also many other transition economies. The report notes that in 2026–2027, Uzbekistan is expected to be one of the key factors stabilizing economic activity in Central Asia.
Furthermore, the report highlights that economic growth in Uzbekistan is increasingly relying on internal factors. While in the initial years economic activity was supported by revenues from transit and re-export against the backdrop of sanctions on Russia, currently growth is driven by domestic demand, investments in infrastructure projects, tourism development, and favorable conditions in the gold market.
According to UN data, Uzbekistan's current economic model demonstrates less vulnerability to external shocks and sustainable growth based on internal resources. In this process, increased domestic market activity and consumption volume play an important role.
Additionally, the inflation rate in the country is also decreasing. Although double-digit inflation was observed previously, UN forecasts expect inflation to decline further in the coming years.
The UN report also analyzes the regional context. While Russia's economic influence in CIS countries is diminishing, Uzbekistan, relying on its economic policy and internal resources, shows less dependence on external shocks.
This enhances the possibilities for conducting independent macroeconomic policies. At the same time, Uzbekistan still faces certain limitations.
Lack of access to the sea, logistics costs, dependence on raw material markets, and climate risks may expose the country's economy to long-term vulnerabilities. Therefore, according to the UN, ensuring sustainable growth in the future will depend on the effectiveness of economic diversification and investments in infrastructure projects.
In regional comparisons, Uzbekistan shows better economic results compared to many countries. According to the UN assessment, the country's economy is developing steadily, and these growth rates are expected to be maintained in the medium term.
This strengthens Uzbekistan's role in the region, presenting it not only as a developing economy but also as a key driver of sustainable growth.
