Statistics Committee: Real household incomes grew by nearly 10% in Q1 2025

Over the three-month period, the country’s gross domestic product (GDP) grew by 6.8%, an increase from the 6.4% recorded in the first quarter of the previous year. The physical volume of industrial production rose by 6.5%, matching last year's level.

The transport sector posted more modest growth compared to the same period last year: passenger transportation increased by 4.3% (compared to 5% in 2024), while freight turnover rose by just 2%, significantly down from 6.2% in the first quarter of the previous year.

Uzbekistan’s foreign trade volume grew by 8.6% during January–March (compared to 7% in the same period last year). Exports surged by 24.4%, while imports rose by 12.3%. By contrast, in the first quarter of 2024, exports had fallen by 2.3% and imports had increased by only 3.6%.

According to committee calculations, the growth rate of real aggregate household incomes in January–March reached 9.8%, compared to 11.2% in 2024.

As of April 1, 2025, there were 442,402 active enterprises and organizations in Uzbekistan, excluding farms and dehkan (smallholder) households. A year earlier, this number had stood at 469,877.

The country’s population as of the same date was 37.7 million people.

It was previously reported that Uzbekistan had the fastest rising prices among CIS countries. According to the Central Bank, the foreign trade balance deficit in 2024 amounted to $17.4 billion.