Uzbekistan’s GDP to increase by 7.3% in 2011 – World Bank forecast

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%.