Uzbekistan's economic growth forecast for 2023

The World Bank presented the World Economic Outlook report. According to it, Uzbekistan's economic growth this year is 4.9 per cent.

The 2023 recession in Russia and slow growth in China will have a negative impact on the level of economic activity in Central Asia, it said. The region's economic growth this year is projected at 3.9 per cent. Including:

Kazakhstan - by 3.5 per cent
Kyrgyzstan, up 3.5 per cent.
Tajikistan: 5%.
In 2022, Uzbekistan's gross domestic product (GDP) growth will reach 5.7%, according to data. Also last year, Uzbekistan was one of the countries that sold the most gold. In addition, insurance services in Uzbekistan grew 74% over the year. The Central Bank earlier reported that the volume of problem loans fell to 5.3 trillion UZS.