Finance

Remittances to Uzbekistan increased by 32% to US$3.3 billion in Q1 2025

Remittances to Uzbekistan increased by 32% to US$3.3 billion in Q1 2025
Remittances to Uzbekistan increased by 32% to US$3.3 billion in Q1 2025

Tashkent, Uzbekistan (UzDaily.uz) — In the first quarter of 2025, the volume of money transfers to Uzbekistan reached US$3.3 billion. This represents a 32% increase compared to the same period last year, when inflows amounted to US$2.5 billion, according to data from the Central Bank.

It is noted that in January and February of this year, the volume of transfers exceeded US$1 billion each month, while in March it approached US$1.2 billion.

The growth in money transfers is attributed, in particular, to the strengthening of the currencies of countries that are Uzbekistan’s main trading partners, as well as an increase in migration flows to countries with higher wage levels.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.