Uzbekistan GDP Trends from 1992 to 2024: A overall increase with some decline Flow

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%.

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.


Uzbekistan GDP from 1992 to 2024

The total market value of goods and services produced annually in Uzbekistan.

Change Chart

    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)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1992
    $ 4B 476M
    $ 209.57
    $ 2,394.57
    $ 51B 147M
    0 %
    -5.294 %
    13.32 %
    0 %
    21M 360K people
    1993
    $ 6B 897M
    $ 315.61
    $ 2,340.93
    $ 51B 155M
    -2.3 %
    -6.365 %
    13.56 %
    0 %
    21M 853K people
    1994
    $ 8B 175M
    $ 366.87
    $ 2,222.86
    $ 49B 531M
    -5.2 %
    1.468 %
    18.80 %
    0 %
    22M 282K people
    1995
    $ 12B 746M
    $ 561.75
    $ 2,208.67
    $ 50B 114M
    -0.9 %
    -0.157 %
    23.27 %
    0 %
    22M 690K people
    1996
    $ 17B 453M
    $ 754.53
    $ 2,243.76
    $ 51B 899M
    1.7 %
    -5.615 %
    19.60 %
    0 %
    23M 130K people
    1997
    $ 18B 433M
    $ 772.33
    $ 2,327.03
    $ 55B 539M
    5.2 %
    -3.168 %
    11.91 %
    -1.762 %
    23M 867K people
    1998
    $ 18B 738M
    $ 773.32
    $ 2,417.51
    $ 58B 579M
    4.3 %
    -0.542 %
    16.13 %
    -2.493 %
    24M 231K people
    1999
    $ 21B 362M
    $ 868.99
    $ 2,520.52
    $ 61B 962M
    4.3 %
    -0.762 %
    12.88 %
    -2.429 %
    24M 583K people
    2000
    $ 17B 195M
    $ 702.21
    $ 2,685.98
    $ 65B 774M
    3.8 %
    3.178 %
    18.81 %
    -3.212 %
    24M 488K people
    2001
    $ 14B 581M
    $ 587.63
    $ 2,824.28
    $ 70B 79M
    4.2 %
    1.269 %
    18.10 %
    -2.885 %
    24M 813K people
    2002
    $ 12B 106M
    $ 482
    $ 2,946.95
    $ 74B 15M
    4 %
    2.284 %
    19.20 %
    -6.018 %
    25M 116K people
    2003
    $ 12B 697M
    $ 499.33
    $ 3,092.91
    $ 78B 646M
    4.2 %
    5.057 %
    21.66 %
    -4.621 %
    25M 428K people
    2004
    $ 15B 45M
    $ 585.22
    $ 3,374.01
    $ 86B 737M
    7.4 %
    5.714 %
    25.26 %
    -3.534 %
    25M 707K people
    2005
    $ 17B 939M
    $ 689.39
    $ 3,678.49
    $ 95B 719M
    7 %
    6.39 %
    28.73 %
    -3.331 %
    26M 21K people
    2006
    $ 21B 344M
    $ 811.16
    $ 4,031.18
    $ 106B 71M
    7.5 %
    8.103 %
    50.96 %
    2.87 %
    26M 313K people
    2007
    $ 27B 963M
    $ 1,048.71
    $ 4,474.04
    $ 119B 295M
    9.5 %
    6.464 %
    49.18 %
    3.675 %
    26M 664K people
    2008
    $ 35B 858M
    $ 1,324.54
    $ 4,895.66
    $ 132B 536M
    9 %
    8.877 %
    52.90 %
    6.057 %
    27M 72K people
    2009
    $ 41B 945M
    $ 1,523.42
    $ 5,235.65
    $ 144B 155M
    8.1 %
    4.196 %
    34.09 %
    1.88 %
    27M 533K people
    2010
    $ 49B 772M
    $ 1,777.49
    $ 5,580.36
    $ 156B 258M
    7.094 %
    4.579 %
    31.26 %
    2.597 %
    28M 1K people
    2011
    $ 60B 213M
    $ 2,067.52
    $ 5,888.16
    $ 171B 483M
    7.525 %
    4.622 %
    33.72 %
    5.128 %
    29M 123K people