Uzbekistan

Uzbekistan

We offer a data-driven country report for Uzbekistan that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Uzbekistan.

Its population in 2018 was 32,364,996 [1]

In 2015, 2.97% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 7.42% [2]

In 2021 it had a negative Current
Account Balance of US$bn 4.81 [3]

Its unemployment rate in 2021 was 9.50% [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2020 was 0.14% [2]



What free trade areas or economic unions is it a member of?

None


What trade deals are there with other countries and economic unions?

CIS Free Trade Zone Agreement (CISFTA) (from 19/03/2016)

In the Face of Grim Challenges, Uzbekistan Forges Ahead on Privatisation

Despite a pandemic, a European war involving its closest trading partner and the growing threat of a global recession, Uzbekistan is forging ahead with a privatisation program which, it’s hoped,
Read more

Uzbekistan on the Path to Becoming Carbon-Neutral

In the race to become carbon-neutral, it is useful to look at where the race began. In Uzbekistan, a nation rich in natural gas, it began with nearly all energy
Read more

Uzbekistan Celebrates 3,000-Year Heritage with Largest Science Event of its Kind

5th Annual Congress of the “World Society for the Study, Preservation and Popularization of the Cultural Heritage of Uzbekistan” held as part of UNESCO-backed event Uzbekistan hosted the 5th Anniversary Congress
Read more

Uzbekistan’s Dynamism Presents New Opportunities for Post-Brexit Britain

Though 5,000 km apart, the UK, an economic leader in the world, and my emerging but fast-developing nation are quietly forming a partnership no-one could have imagined three decades ago,
Read more

Uzbekistan ‘s Enter Engineering announces Covid years project updates and operations guidance

According to Ulugbek Usmanov, General Director at Enter Engineering: “Enter Engineering is involved in a variety of projects central to Uzbekistan’s growth and development. From the huge and pioneering GTL
Read more

IFC’s Blended Finance Department: Blending Public and Private Finance to Invest in Challenging Markets

What can be done to encourage more private investment in developing countries, especially the poorest and most fragile? This question lies at the heart of the development challenge today. Governments
Read more

Q&A with Chairman of Eriell Group and Enter Engineering: Bakhtiyor Fazilov

Please, tell us a little about yourself. How did you reach your current position? As you may understand, it is not easy to talk about oneself, especially for a person
Read more

Lord Waverley: The EAEU is an Alternative to the EU — But Will It Last?

The Eurasian Economic Union (EAEU) spreads across Eastern Europe and Central and Northern Asia, covering some 20 million square kilometres and representing 180 million people. But with concern about uniting
Read more

Sherzod Khodjhaev, Deputy Minister for Energy, Republic of Uzbekistan: Uzbekistan Gets to Grips with Challenges of Responsible Electric Power Generation

There is something magical about electricity: it has always been present, but its power was only harnessed at the end of the 19th Century. In that relatively short time, it
Read more

Alisher Sultanov, Energy Minister of the Republic of Uzbekistan: There Must Be Conservation and Cooling in Uzbekistan

Driving from the airport to Uzbekistan’s ancient city of Bukhara, visitors can see a series of new residential buildings on the side of the road, evidence of the building boom
Read more

Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

CFI

Published by
CFI
5 years ago

Recent Posts

UK Inflation Rate

4 years ago

UK Global Trade By Country – Imports (million £)

4 years ago

UK Global Trade By Country – Exports (million £)

4 years ago

Total Investment by Country (percent of GDP)

4 years ago

Foreign Direct Investment (FDI) net inflows by country from 2013 to 2020 (percent of GDP)

4 years ago

Imports of Goods and Services by Country (percent of GDP)

4 years ago