Current inflation Oʻzbekiston 9.9%

January 2025

Current Inflation

Inflation is very high at 9.9%, far above the ECB target.

Historical Context

Current inflation is around the 5-year average of 10.4%.

5-year average
10.4%
10-year average
11.9%
All-time high (2018)
17.6%
All-time low (2016)
8.1%

Trend

Inflation has remained relatively stable. Compared to 2024, the difference is minimal (+0.3 percentage point).

ECB Target

Inflation is 7.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for UZS 100 this year will cost approximately UZS 109.90 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

This year (avg.)
9.9%
Last year
9.6%
5-year average
9.9%
All-time high (2018)
17.6%