According to a recent assessment by the International Monetary Fund (IMF), Uzbekistan’s nominal GDP increased by $10.7 billion (125.6 trillion UZS) in 2023, and now stands at $101.6 billion (1,192.2 trillion UZS).
IMF analysts noted that the informal economy is a comprehensive direction. Changes in the structure of the country’s economy by sector were discussed after the socio-economic indicators were recalculated, taking into account the informal and hidden sectors.
Koba Gvenetadze, the IMF Resident Representative in Uzbekistan, said: “Uzbekistan is transforming its economy towards a market economy, and this is a long journey. We provide all possible assistance to our Uzbek colleagues in many areas of statistical calculation and analysis. The technical assistance that IMF experts can provide is also of interest to us because it will allow us to access data on the current state of statistics in the country. Based on this, we will see the dynamics of economic development.”
As stated in the report, more details about this study’s results will be announced at a press conference at the Agency for Information and Mass Communications on August 6th.
