Grey economy makes up third of Uzbekistan’s GDP

TASHKENT/Feb. 18 (The Bulletin) – Uzbekistan’s grey economy contributes to around a third of its total GDP, said a report prepared for Uzbek Pres. Shavkat Mirziyoyev.

It said that the grey economy made up around 65% of the agricultural, forestry and fishing sectors of the economy and 40% of the construction and services sectors.

The massive size of the grey economy poses a huge challenge for the Uzbek government as it loses out on tax receipts.

–ENDS–

— Copyright the Central Asia & South Caucasus Bulletin 2025

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