Inflation rates by country and year

0%4.4%8.8%13.1%17.5%
0%4.4%8.8%13.1%17.5%
201113.8%
201817.5%
20258.8%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate8.8%

Behind the curve

Turning points in Uzbekistan

  1. The som's devaluation — Wikipedia (opens in a new tab)

    Uzbekistan unified its official and parallel exchange rates in September 2017, cutting the official som rate by about 50%. IMF staff found that the exchange-rate and price liberalisation, alongside loose credit and fiscal policy, pushed inflation up into 2018.

    IMF Country Report 18/117 · Uzbekistan: 2018 Article IV Consultation
  2. The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    The IMF projected persistently high Uzbek inflation in 2022 as global food and commodity prices rose and Russia's invasion of Ukraine spilled over into the economy; a possible utility-tariff increase was an additional domestic risk.

    IMF Country Report 22/189 · Uzbekistan: 2022 Article IV Consultation

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Uzbekistan?

The annual inflation rate in Uzbekistan was 8.8% in 2025, the most recent year in the World Bank dataset. That means prices rose 8.8% on average compared with the year before. Use the chart above to explore Uzbekistan's full inflation history from 2011 to 2025, and to compare it with any other country.

How inflation in Uzbekistan has changed

Inflation in Uzbekistan peaked at 17.5% in 2018 and reached its lowest point at 8.1% in 2016. Averaged across the 15 years of available data (20112025), the rate has been 11.6% per year.

Frequently asked questions about inflation in Uzbekistan

What is the current inflation rate in Uzbekistan?

The latest available annual figure is 8.8% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Uzbekistan's statistical office.

What was the highest inflation rate in Uzbekistan?

The highest annual inflation rate on record is 17.5%, reached in 2018.

What was the lowest inflation rate in Uzbekistan?

The lowest annual inflation rate on record is 8.1%, recorded in 2016.

Where does the inflation data for Uzbekistan come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.