🚗 CERR presents an overview of Uzbekistan’s automotive market

➡️ The Center for Economic Research and Reforms has published an updated analysis of the automotive market in Uzbekistan based on the results for November of this year.

1️⃣market. In the primary market, sales of passenger cars increased by 15%, which corresponds to an increase of about 4.4 thousand units compared to November last year.

🚙market. In the segment of domestically produced new passenger cars, sales reached about 30 thousand units, showing a 13.6% year-on-year increase.

2️⃣market. In the secondary automotive market, around 52 thousand passenger cars were sold in November, which is 8% lower than in the corresponding period last year.

♻ Sales of electric vehicles in the secondary market increased 1.8 times year-on-year.

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🏠CERR updated assessment of housing and rental market trends

🔍The Center for Economic Research and Reforms has released an updated analysis of Uzbekistan’s real estate market dynamics for November.

📊The total number of housing sales nationwide increased by 13.2% compared to the same period last year, reaching 25 thousand transactions.

📊The most significant year-on-year growth was recorded in Bukhara region (35.4%), Kashkadarya region (26.5%), and Samarkand region (21.7%).

📊On the secondary housing market across the country, a moderate price increase was observed, averaging around 7% year-on-year.

📉In November, the average rental rate in Tashkent amounted to $8.7 per square meter, which is 5% higher than the level of the same period last year.

Jaloliddin Usmonov, CERR

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🫥 Business activity across the regions of Uzbekistan continues to show steady growth — CERR

📍A comprehensive monitoring of key indicators of regional business activity in Uzbekistan demonstrates growth across all major metrics.

📝 The monitoring results for November 2025 showed that:

🔼 The volume of tax revenues increased by 16.7%
🔼 Revenues on customs payments increased by 20.3%
🔼 The volume of exports of goods increased by 12.4%
🔼 The volume of transactions on the UzEx increased by 21.2%

⬆️Over the reporting period, the volume of loans issued by commercial banks increased by 37.7%

Sultonmurod Ozodov, CERR

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🇺🇿Linguistic Analysis of the President of the Republic of Uzbekistan’s 2026 State of the Nation Address

📊The linguistic analysis showed that the most frequently used key words included “mahalla” – 49 times, “aholi” (population) – 35 times, “iqtisodiyot” (economy) – 28 times, “bozor” (market) – 26 times, “loyiha” (project) – 25 times, and “technology” – 22 times.

📉Among three-word combinations, the most frequent expressions included “the next five years” – nine times; “based on dual education” – four times; and “water-saving technologies” and “water, electricity” – three times each.

📰The analysis shows that at the core of state policy are the mahalla, public welfare, and the transition to a new stage of development based on economic and technological transformation, with clearly defined strategic objectives for the next five years.
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(continuation)

🔝Thematic structure of the speech

The diagram below shows the distribution of the speech’s vocabulary by key directions, where the content is grouped into nine main thematic blocks. The diagram clearly demonstrates that technological development and human interests, implemented at the level of the mahalla, are at the center of state policy. The ultimate goal of all reforms is to ensure public welfare through sustainable economic growth.
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(continuation)

🔝Interconnection of development directions

Among the highlighted semantic blocks are also tasks related to stimulating domestic demand, developing the housing and tourism sectors, modernizing the transport system, increasing productivity in agriculture and introducing water-saving technologies.

Special emphasis is placed on the “green” agenda, including the development of renewable energy, expansion of the “Yashil Makon” (“Green Space”) initiative, and strengthening resilience to climate risks.

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🇺🇿Analysis of Poverty Levels and Household Incomes in Uzbekistan in 2025 (+inforgraphics)

According to a survey conducted by the National Statistics Committee in cooperation with the World Bank, the poverty rate in Uzbekistan in 2025 amounted to 5.8%, which is 3.1 percentage points lower compared to the previous year.

📊In 2023, the poverty rate in the country decreased from 14% to 11%, in 2024 to 8.9%, and in 2025 to 5.8%. As a result, 302 thousand families were lifted out of poverty this year.

📉The decline was particularly pronounced in urban areas, where poverty fell to 5.2% (from 8.6% in 2024). In rural areas, the indicator fell to 6.4% (from 9.2%).

🇺🇿A decline in poverty has been recorded across all regions of the country.

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(continuation)

🔝Structure of household incomes

📝The income structure demonstrates that labor income remains the key source, accounting for 72.6%, notably higher than in the previous year (67.7%).

👁This year 484 cooperatives were established with the participation of export-oriented enterprises under the “Company – Cooperative – Farmer household” model, engaging 15.7 thousand members of low-income families.

📈Overall, there is a decline in household dependence on transfers and an increasing role of employment income.

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