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.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
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 |
