Source: world bank Nominal/PPP
Summary:
Uzbekistan GDP Per Capita expanded from 1987 to 2024, increasing from $8.52 to $114.97 .The compound annual growth rate (CAGR) averaged 7.29% over the period. The economy recorded its peak level in 2024 and its lowest level in 1987. Growth volatility remained high. The maximum drawdown reached 43.27%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
Uzbekistan Economic Phases (1987 - 2024)
From 1987 to 2024, Uzbekistan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1988–1990) indicating robust economic expansion
- Expansion (1995–1996) indicating steady moderate growth
- Crisis (2000–2002) indicating severe economic downturn
- High Growth (2004–2015) indicating robust economic expansion
- Crisis (2017–2018) indicating severe economic downturn
- High Growth (2021–2024) indicating robust economic expansion
The most remarkable growth occurred in 2010 with an increase of 47.72%, while the largest decline was in 2000 at -19.428%.