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EBRD forecasts Uzbekistan’s GDP growth for 2023

Uzbekistan Materials 31 March 2022 14:41 (UTC +04:00)
EBRD forecasts Uzbekistan’s GDP growth for 2023
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, March 31. European Bank for Reconstruction and Development forecasts Uzbekistan’s GDP growth at level of 5 percent by 2023, Trend reports via the bank.

According to the bank, in 2022 the GDP of Uzbekistan is estimated to be at level of 4 percent.

Uzbekistan’s GDP growth level was at 7.4 percent in 2021, which is an increase of 5.7 percent compared to 2020.

According to the bank the economy of Uzbekistan will likely experience significant collateral damage resulting from the conflict in Ukraine and international sanctions on Russia.

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