Uzbekistan’s GDP to increase by 7.3% in 2011 – World Bank forecast
13/01/2011 10:38
Uzbekistan’s GDP to increase by 7.3% in 2011 – World Bank forecast
13/01/2011 10:38
Tashkent, Uzbekistan (UzDaily.com) -- The growth of gross domestic product (GDP) of Uzbekistan will make up 7.3% in 2011, the World Bank said in its Global Economic Prospects 2011 report.
According to report, the World Bank experts forecast that economy of Uzbekistan will grow by 8.3% in 2012.
Current account balance of Uzbekistan will reach 8.3% to GDP in 2011, the World Bank said in its report. The figure will grow to 9.6% to GDP in 2012.
According to the World Bank estimates, the GDP of Uzbekistan in 2010 made up 8% and current account balance comprised 4.3% to GDP.
As earlier reported, the Government of Uzbekistan expects that the country’s economy will grow by 8.3% in 2011. Uzbekistan’s GDP rose by 8.5% in 2010.
Economist Intelligence Unit (EIU) forecasted that this year Uzbekistan will record one of the highest rates of economic growth in the world – 7.9%.
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