Uzbekistan FDI hits record $43.1bn in 2025

Uzbekistan has emerged as one of the developing world's most compelling investment stories. The country pulled in a record $43.1bn in foreign direct investment (FDI) and loans in 2025, up sharply from $31.9bn in 2024 and $19.5bn in 2023. China remains the dominant source of inflows at $17.1bn, but investment has diversified to include Russia, Turkey, Saudi Arabia, the UAE, Germany, the UK and Kazakhstan. The FDI surge reflects President Shavkat Mirziyoyev's sustained reform agenda under the Uzbekistan 2030 Strategy.