The key facts

  • GDP for January–September 2026 amounted to 1.75 quadrillion soums, up 8.3% versus 8% a year earlier
  • The largest contributions to growth came from industry, trade, and accommodation and food services — 2 p.p. each
  • Industry's share of GDP rose to 26.8%, while the shares of services and agriculture declined

Growth accelerated to its highest level since 2022

Uzbekistan's gross domestic product for January–September 2026 amounted to 1.75 quadrillion soums, growing by 8.3% in real terms. The data was published by the National Statistics Committee in an analytical report, as cited by Spot.uz. The growth rate accelerated compared with 8% in the same period last year and became the highest since at least 2022, when the economy grew by 6.3%. The GDP deflator index reached 8.4%.

Who drove the growth

The gross value added of industries rose by 8.3% and contributed 7.9 percentage points of the total GDP growth; net taxes on products added another 0.4 p.p. (+8.4%). The largest contributions came from industry, as well as trade and accommodation and food services — 2 p.p. each. They are followed by transportation and storage, information and communication (1.4 p.p.), construction (1 p.p.), other services (0.8 p.p.), and agriculture, forestry and fisheries (0.7 p.p.).

Sectoral picture

The gross value added of industry reached 450.4 trillion soums (+8.1%). The driver was manufacturing with growth of 8.6% (373.1 trillion soums); electricity supply added 10.1% (29.8 trillion soums), mining — 3.1% (44.4 trillion soums), and water supply and waste management — 1.6% (3.1 trillion soums). Construction became one of the fastest-growing sectors: +12.5% to 140.2 trillion soums, with specialized construction works up 33.1% and civil engineering up 29%.

Services, agriculture and the structure of the economy

The services sector increased by 8.9% to 831 trillion soums. The highest growth rates were in information and communication (+21.6%, 51 trillion soums), trade (+17.3%, 161.7 trillion soums), transportation and storage (+16.1%, 84.4 trillion soums), and accommodation and food services (+11.2%, 85.4 trillion soums); other services grew by only 3.2%. Agriculture, forestry and fisheries added 4.6% (261.7 trillion soums). In the structure of the economy, the share of industry rose from 26% to 26.8%, and construction from 8.2% to 8.3%, while the share of services fell from 49.6% to 49.4%, and agriculture from 16.2% to 15.5%. GDP per capita reached 44.69 million soums, up 6.4% in real terms.

Context

Earlier, Spot.uz reported that in Uzbekistan the extraction of coal, oil and gas condensate is intensifying — this is consistent with the mining sector growth statistics cited above, although the nine-month report does not directly link these processes.

gdp, national statistics committeegdp, national statistics committee