Current Account in Uzbekistan

Uzbekistan Current Account | Economic News & Forecasts

Uzbekistan - Current Account

Growth clocked in at 5.3% in annual terms in Q1 2019, spearheaded by industrial sector output growth which was powered by upbeat manufacturing activity. In addition, the services, agriculture and construction sectors strengthened in the quarter. Turning to Q2, momentum appears to have carried over from Q1. Industrial output expanded sturdily in April, propped up by mining and quarrying, and manufacturing output. Similarly, the construction and services sectors expanded robustly at the beginning of Q2. Booming demand from China and Kazakhstan also propelled the external sector in April. Meanwhile, on 15 May, Uzbekistan declared the mineral-rich region of Navoi—the country’s largest region—a free economic zone, to spur foreign investment.

Uzbekistan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)2.8  1.7  -0.5  1.4  2.9  

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Uzbekistan Current Account Chart

Uzbekistan Current Account
Note: Current account balance as % of GDP.

Uzbekistan Facts

Exchange Rate8,5190.0 %Jun 14

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