Uzbekistan

Uzbekistan reported a year-to-date GDP growth of 6.4% YoY in Q2, with notable expansions in industry (7.8%), construction (10.1%), services (12.9%), and agriculture (3.8%). According to an IMF report, Uzbekistan’s external debt, which was 60% of GDP at the end of 2023, is forecasted to decrease to 51% of GDP by 2029, indicating a projected reduction of about 10% over the next five years.