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Uzbekistan is a resource-rich, most populated country, strategically located in the heart of Central Asia. The nominal Gross Domestic Product per capita in Uzbekistan was last recorded at 50 billion US dollars with 250 billion purchasing power parity (PPP).

It should be noted that President of Uzbekistan Shavkat Mirziyoyev by his decree has approved the action strategy on priority areas of the country’s development for 2017-2021. The action strategy will be implemented in five stages, and each stage provides for approval of a separate annual state program on the strategy’s implementation in Uzbekistan, according to the decree. There is five key legal and institutional reforms: state governance, rule of law and legal reforms, liberalization of the economy, social sphere, security, religious tolerance and interethnic harmony, foreign policy.

Currently, the Republic of Uzbekistan has the largest able-bodied population, which is about 19 million people, which exceeds the number of able-bodied population of Central Asian countries combined.

Currently, the Republic’s economy is the second fastest growing in the CIS, with an indicator of 5.1%, according to the results of 9 months of this year, growth accelerated to 5.7%.  According to the Asian Development Bank, GDP growth in 2020-2021 will be about 6%.