Consumption in Uzbekistan

Uzbekistan Consumption | Economic News & Forecasts

Uzbekistan - Consumption

After robust growth in Q3, cumulative data for Q4 is broadly positive: Industrial production gained momentum in October–November due to buoyant mining and quarrying output, which was supported by rebounding oil production. In addition, the services sector grew swiftly again in October–November. Moreover, available data points to a healthy external sector, as merchandise exports rebounded in October–November due to surging gold exports. Meanwhile, despite surging imports, the trade deficit narrowed up to November. In other news, in late December the president announced he had passed amendments to increase the budget deficit limit for 2021 to 6.5% of GDP, up from the 5.5% agreed in June. Lastly, a recent preliminary agreement with the Asian Infrastructure Investment Bank should give way to a USD 200 million credit line to support businesses struggling with the effects of the pandemic.

Uzbekistan - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)11.6  7.0  -     -     -     

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Note: Private Consumption, annual variation in %.
Source: SESRIC

Uzbekistan Facts

Value Change Date
Exchange Rate9,5160.0 %Dec 31

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