Home Uzbekistan Prices & Inflation Inflation Rate

Uzbekistan Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

9.13% −0.50pp (-5.2%)
Year 2025 Rank #24 Global Peak 1,568.33% (1994) Source World Bank

Uzbekistan Inflation Rate (1992–2025)

Overview

Uzbekistan's inflation rate stood at 9.13% in 2025, a decline of +0.50pp from 2024. The IMF projects 9.13% by 2025. Uzbekistan ranked 24th globally.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 4.98% - -
2029* IMF 4.99% - -
2028* IMF 5.01% - -
2027* IMF 6.30% - -
2026* IMF 7.27% - -
2025* IMF 9.13% - -
2025 9.13% −0.50pp #24
2024 9.63% −0.33pp #167
2023 9.96% −1.49pp #153
2022 11.45% +0.60pp #140
2021 10.85% −2.02pp #177
2020 12.87% −1.66pp #179
2019 14.53% −3.00pp #185
2018 17.52% +3.65pp #188
2017 13.88% +5.05pp #182
2016 8.13% −0.33pp #173
2015 8.75% −0.33pp #177
2014 9.28% −2.42pp #187
2013 11.84% −0.06pp #193
2012 13.21% +0.76pp #188
2011 13.78% +1.48pp #184
Show all years (1992-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.5% Rate 20.0% Gap +2.4pp Reserves YoY -3.5%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uzbekistan's inflation rate?

Uzbekistan's inflation rate was 9.13% in 2025. Ranked 24th globally. This represents a 5.2% decrease from the previous year.

What was the highest inflation rate in Uzbekistan?

Uzbekistan's inflation rate peaked at 1,568.33% in 1994.

What was the lowest inflation rate in Uzbekistan?

The lowest inflation rate in Uzbekistan was 7.33% in 2004.

How does Uzbekistan rank in inflation rate?

Uzbekistan ranks 24th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Uzbekistan in 2025?

Uzbekistan's inflation rate is projected to reach 9.13% by 2025 based on IMF projection.

What is the inflation rate of Uzbekistan in 2025?

The inflation rate of Uzbekistan in 2025 was 9.13%. This ranks 24th in the world.

Cite this page

APA
Uzbekistan Inflation Rate. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/uzbekistan/inflation-rate
BibTeX
@misc{historysaid_uzbekistan_inflation-rate, title = {Uzbekistan Inflation Rate}, url = {https://historysaid.com/uzbekistan/inflation-rate}, publisher = {HistorySaid}, year = {2026} }