The Asian Development Bank (ADB) has released its updated September edition of the "Asian Development Outlook," revising economic growth forecasts for developing countries across the region . Despite global uncertainty driven by increased US tariffs and evolving international trade agreements, Uzbekistan has demonstrated resilience in its macroeconomic indicators .
Key ADB Forecast Highlights:
Uzbekistan's GDP growth is projected at 6.6% in 2025, with an acceleration to 6.7% expected in 2026
Asia-Pacific region growth rates have been adjusted downward: 4.8% in 2025 (compared to April's forecast of 4.9%) and 4.5% in 2026
For Central Asia and Caucasus countries, the 2025 forecast has been raised to 5.5%, though the 2026 outlook has been lowered to 4.9% due to anticipated reductions in hydrocarbon production
The maintained forecast for Uzbekistan reflects stronger-than-expected growth in the first half of 2025, which will offset potential slowdowns in economic activity during the second half of the year . ADB Chief Economist Albert Park emphasized the importance of maintaining macroeconomic stability and deepening regional integration amid record levels of global trade uncertainty .
Risk factors include US trade policy, ongoing negotiations with China, geopolitical tensions, and financial market volatility .
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