In the first half of 2026, the republic's GDP grew by 8.5%. The most noticeable dynamics was noted in construction - 13.7%, the service sector - 9.2% and industry - 8.0%.

Separately, the ADB notes an increase in investment activity. Investments in fixed assets increased by 17.5%, including the implementation of major projects in the energy sector, manufacturing, transportation and housing construction.

For Russian manufacturers, the development of investment projects in Uzbekistan is of interest from the point of view of expanding the supply of industrial and energy equipment, electrical products, components and technological solutions.

An additional factor is the growth of the republic's commodity imports:

In the first half of 2026, it increased by 21% to $25.1 billion.

At the same time, the ADB raised the inflation forecast in Uzbekistan for 2026 from 6.5% to 6.7%, while maintaining the forecast for 2027 at 5.0%. High energy prices and weakening external demand are among the factors that can affect the further dynamics of the economy.

The full material is available on the website of the Asian Development Bank.