Uzbekistan projects 2025 average dollar exchange rate at 13,250 UZS

The 2025 budget targets Uzbekistan’s gross domestic product (GDP) at 1,629 trillion UZS, or approximately $123 billion. These calculations are based on the forecasted annual average exchange rate of 13,250 UZS per dollar, intended to provide a stable foundation for economic planning and public spending.

Bakirov also noted that the GDP figure for 2023 was reassessed to include estimates of the informal and shadow economy, reaching $101.5 billion, with a similar adjustment applied to the 2022 figure.

Previously, the Ministry of Economy and Finance had announced planned changes to the tax policy for 2025 as part of broader economic reforms to enhance fiscal stability and growth.