Uzbekistan's economy showed steady growth in 2025, but experts have mixed views on the impact of this growth on the real sector and household incomes.

According to official data, GDP grew by 6.5%, but this was driven mainly by services and construction. Industrial production increased by only 3.2%.

Economic analysts note that inflation reached 9.8%, negatively affecting purchasing power, especially with rising food prices.

Government reforms, including tax simplification and privatization of state enterprises, are viewed positively, but their full effectiveness has yet to materialize.

International financial institutions assess Uzbekistan's growth as stable but stress the need for deeper structural changes. Diversifying exports and improving the investment climate remain key challenges.

Source: uznews.uz