Photo: kun.uz
In 2025, Uzbekistan received $18.9 billion in remittances from abroad—27.2 percent more than in 2024, when inflows totaled $14.8 billion—according to data from the country’s Central Bank cited by Gazeta.uz.
Initially, the regulator’s analysts had projected growth in cross-border transfers of 10–12 percent, later revising the forecast to 15–18 percent. In the end, however, the increase came close to 30 percent.
Central Bank figures show that remittance inflows were strongest in July and August, at $1.97 billion and $1.9 billion respectively. September and October also posted solid results.
The Central Bank’s experts attribute the rise in remittances primarily to external factors. These include the strengthening of national currencies in Uzbekistan’s main partner countries—above all the Russian ruble—as well as an increase in the number of labor migrants working abroad.
The report also notes that the positive balance between foreign currency sales and purchases in Uzbekistan in 2025 amounted to $9.7 billion, 1.4 times higher than the figure recorded a year earlier.
According to the Central Bank, the substantial growth in inflows from abroad has become an important factor supporting domestic consumption and stability in the foreign exchange market.
This assessment is supported by data from the National Statistics Committee, which show that by the end of last year, the share of cross-border remittances in total household income nationwide rose from 16.5 percent to 21 percent. In several regions, the figure exceeded 30 percent.
