Translated with AI
The latest edition of the EDB macroeconomic review for 2025 notes high rates of gross domestic product growth in the countries of Central Asia and Armenia.
According to the review, Tajikistan's GDP increased by 8.4% by the end of 2025, the same as the previous year. The country's economy maintains high growth rates thanks to expanding industrial production and robust domestic demand. At the beginning of 2026, growth remains strong amid increased industrial production, trade, and investment activity.
Kazakhstan's GDP increased by 6.5% by the end of 2025, the highest level in 13 years. Industrial production expansion contributed significantly to this growth: output in the mining sector increased by 9.4%, and in manufacturing by 6.4%.
The Kyrgyz Republic's economy has demonstrated the highest growth rates in the region for the third consecutive year. By the end of 2025, GDP increased by 11.1%, driven by strong consumer and investment demand. This trend has continued at the beginning of this year, with growth reaching 9% year-on-year in January.
Uzbekistan is demonstrating accelerating economic growth. The country's GDP increased by 7.7% in 2025, up from 6.7% the previous year. Economic expansion was supported by robust domestic demand and investment inflows. Trade, services, and construction experienced the most dynamic growth. Economic activity remains strong, driven by expanding industrial production and retail trade.
