Economics

The business climate has improved in three regions of Uzbekistan

In the Bukhara, Navoiy, and Samarkand regions, 69% of entrepreneurs noted an improvement in business conditions in the second quarter.

Business Climate Improves in Three Regions of Uzbekistan

In the second quarter of 2026, entrepreneurs in the Bukhara, Navoiy, and Samarkand regions gave higher ratings to business conditions. This was reported by the Central Bank of Uzbekistan.

According to the results of a business sentiment survey, 69% of respondents in these regions noted an improvement in the entrepreneurial environment. Along with this, survey participants reported positive dynamics in a number of key indicators of economic activity.

In particular, the share of entrepreneurs who recorded an increase in order volume was 64%. Compared to the previous period, this indicator increased by 11 percentage points. An increase in production volumes was reported by 58% of respondents, which is 6 percentage points higher than the previous value.

Positive dynamics are also observed in other indicators. The share of entrepreneurs reporting an increase in fuel and energy consumption rose by 7 percentage points compared to last year. Meanwhile, the share of business entities noting an increase in freight transport volumes increased by 9 percentage points.

Entrepreneurs also maintain positive expectations for the next quarter. An increase in order volume is expected by 60% of respondents. The same number of survey participants anticipate growth in fuel and energy consumption.

Overall, entrepreneurs project that in the next quarter, key indicators of economic activity will grow on average by more than 55%.

Assessments for the longer term also remain positive. 84% of the surveyed entrepreneurs stated they are confident in the improvement of the economic situation and business conditions in the country over the next three years.

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