SEOUL, February 17. /Dunyo IA/.  According to the “Global Korea Post”, Uzbekistan’s business climate remained in positive territory in 2025, annual average value of the Composite Business Climate Index reached 57 points on a scale from −100 to +100, marking a 7% increase compared with 2024 and reflecting an overall favourable environment for commercial activity, reports Dunyo IA correspondent.

Growth was driven primarily by improvements in assessments of current business conditions, with the corresponding index rising 22% to 47 points. At the same time, the expectations index edged slightly lower, from 68 to 66 points, remaining at a high level and reflecting cautious optimism among companies. The index reached its annual high in June at 63 points and its lowest in January at 52 points; in December it stood at 58 points.

“Positive dynamics were observed across most sectors, - report notes. - In the services sector, the index reached 58 points (+14.7%), in construction 57 points (+14.2%), in industry 54 points (+6.8%), while in agriculture it remained steady at 56 points”.

At the regional level, the annual average index increased in 11 regions of the country. The most notable improvements were recorded in Kashkadarya (+27%), Jizzakh (+23%) and Khorezm (+17%), while in the Republic of Karakalpakstan growth reached 19%. In Samarkand, the index fell slightly but remained in positive territory at 51 points, and in Tashkent it remained unchanged at 44 points.

Entrepreneurs continue to hold positive expectations regarding demand and employment. On average, 66% of companies forecast growth in demand, and 57% plan to expand their workforce. The employment index rose 12% to 43 points, while the demand index increased 13% to 48 points. At the same time, inflation expectations remain moderate: only 23% of companies anticipate price increases, 2 percentage points lower than a year earlier.

“The share of entrepreneurs reporting no obstacles has risen to 60%; however, access to finance remains the main constraint for construction and industrial companies,” - report emphasizes.