Uzbekistan's GDP changed from approximately $4B 476M in 1992 to $97B 956M in 2024, showing an overall 2088.5% sharply increased during the period.
The lowest GDP was recorded in 1992 at $4B 476M, and the highest in 2024 at $97B 956M.
Over the 32-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 10.1%.
For comparison, the average annual growth rate of Kazakhstan was 15.6%, and that of Tajikistan was 12.6%.
Uzbekistan GDP from 1992 to 2024
The total market value of goods and services produced annually in Uzbekistan.
Overview of Uzbekistan's GDP (1992–2024)
The Gross Domestic Product (GDP) of Uzbekistan recorded a 2088.5% sharply increased from 1992 to 2024.
The average GDP during this period was $42B 511M, and the median was $35B 858M.
GDP fluctuated within a range of $93B 480M, with a standard deviation of $29B 677M.
The average annual change was $2B 796M.
Highest and Lowest GDP Records
- Lowest GDP: 1992, $4B 476M
- Highest GDP: 2024, $97B 956M
- Most Recent GDP: 2024, $97B 956M
Notable Annual GDP Changes
- 2022: Significant increase in GDP
- 2017: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Uzbekistan's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $60B 284M → $60B 225M
- Outcome: remained stable
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $27B 963M → $41B 945M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $17B 195M → $14B 581M
- Outcome: sharply declined
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $18B 433M → $18B 738M
- Outcome: increased
Key Economic Indicators of Uzbekistan (1992–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1992 | 0 % | $ 4B 476M | $ 51B 147M | $ 209.57 | $ 2,394.57 | 13.32 % | 21M 360K people | -5.294 % | 0 % |
1993 | -2.3 % | $ 6B 897M | $ 51B 155M | $ 315.61 | $ 2,340.93 | 13.56 % | 21M 853K people | -6.365 % | 0 % |
1994 | -5.2 % | $ 8B 175M | $ 49B 531M | $ 366.87 | $ 2,222.86 | 18.80 % | 22M 282K people | 1.468 % | 0 % |
1995 | -0.9 % | $ 12B 746M | $ 50B 114M | $ 561.75 | $ 2,208.67 | 23.27 % | 22M 690K people | -0.157 % | 0 % |
1996 | 1.7 % | $ 17B 453M | $ 51B 899M | $ 754.53 | $ 2,243.76 | 19.60 % | 23M 130K people | -5.615 % | 0 % |
1997 | 5.2 % | $ 18B 433M | $ 55B 539M | $ 772.33 | $ 2,327.03 | 11.91 % | 23M 867K people | -3.168 % | -1.762 % |
1998 | 4.3 % | $ 18B 738M | $ 58B 579M | $ 773.32 | $ 2,417.51 | 16.13 % | 24M 231K people | -0.542 % | -2.493 % |
1999 | 4.3 % | $ 21B 362M | $ 61B 962M | $ 868.99 | $ 2,520.52 | 12.88 % | 24M 583K people | -0.762 % | -2.429 % |
2000 | 3.8 % | $ 17B 195M | $ 65B 774M | $ 702.21 | $ 2,685.98 | 18.81 % | 24M 488K people | 3.178 % | -3.212 % |
2001 | 4.2 % | $ 14B 581M | $ 70B 79M | $ 587.63 | $ 2,824.28 | 18.10 % | 24M 813K people | 1.269 % | -2.885 % |
2002 | 4 % | $ 12B 106M | $ 74B 15M | $ 482 | $ 2,946.95 | 19.20 % | 25M 116K people | 2.284 % | -6.018 % |
2003 | 4.2 % | $ 12B 697M | $ 78B 646M | $ 499.33 | $ 3,092.91 | 21.66 % | 25M 428K people | 5.057 % | -4.621 % |
2004 | 7.4 % | $ 15B 45M | $ 86B 737M | $ 585.22 | $ 3,374.01 | 25.26 % | 25M 707K people | 5.714 % | -3.534 % |
2005 | 7 % | $ 17B 939M | $ 95B 719M | $ 689.39 | $ 3,678.49 | 28.73 % | 26M 21K people | 6.39 % | -3.331 % |
2006 | 7.5 % | $ 21B 344M | $ 106B 71M | $ 811.16 | $ 4,031.18 | 50.96 % | 26M 313K people | 8.103 % | 2.87 % |
2007 | 9.5 % | $ 27B 963M | $ 119B 295M | $ 1,048.71 | $ 4,474.04 | 49.18 % | 26M 664K people | 6.464 % | 3.675 % |
2008 | 9 % | $ 35B 858M | $ 132B 536M | $ 1,324.54 | $ 4,895.66 | 52.90 % | 27M 72K people | 8.877 % | 6.057 % |
2009 | 8.1 % | $ 41B 945M | $ 144B 155M | $ 1,523.42 | $ 5,235.65 | 34.09 % | 27M 533K people | 4.196 % | 1.88 % |
2010 | 7.094 % | $ 49B 772M | $ 156B 258M | $ 1,777.49 | $ 5,580.36 | 31.26 % | 28M 1K people | 4.579 % | 2.597 % |
2011 | 7.525 % | $ 60B 213M | $ 171B 483M | $ 2,067.52 | $ 5,888.16 | 33.72 % | 29M 123K people | 4.622 % | 5.128 % |