In line with the forecast of the UN experts, the real gross domestic product (GDP) will increase by 7% in 2011. Uzbekistan’s economy will rise by 8% in 2012.

The UN said that Uzbekistan will register the second highest GDP growth among the CIS states. Turkmenistan will claim the first place with 10% GDP growth in 2011 and 2012.

According to estimates of the UN, the real GDP growth of Uzbekistan in 2010 reached 8%.

The Government of Uzbekistan forecasts that the economy of the country will grow by 8.3% in 2011. The GDP of Uzbekistan increased by 8.5% in 2010.

World Economic Situation and Prospects is produced at the beginning of each year by the UN Department of Economic and Social Affairs (UN DESA), the United Nations Conference for Trade and Development (UNCTAD) and the five United Nations regional commissions.