AGP Executive Report
Last update: 10 hours agoDebt: Uzbekistan’s external debt reached $88 billion at the end of 2025, up 24.7% year on year, with public and guaranteed borrowing accounting for $48.5 billion. Industry: Passenger-car production rose 9.2% in January–September to 356,318 vehicles, while vehicle imports climbed 52.5% to $1.23 billion. Trade: Trade with Kazakhstan grew 23.4% in January–August to $3.74 billion; the countries aim to raise annual turnover to $10 billion. Uzbekistan is also working with the EU to expand GSP+ exports, which reached €448 million in 2024. Investment: Foreign investment and loans totaled $44.3 billion in the first nine months of 2026. Five state-owned companies are preparing for IPOs in 2027–28. Growth: Uzbekistan’s economy expanded 8.3% in the first three quarters, while the World Bank says higher wages and employment helped drive a steep fall in poverty. Digital finance: Apple Pay and Google Pay have launched in Uzbekistan as fintech reforms gather pace.
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