Inflation in Uzbekistan
In the year to August 2026, consumer prices in Uzbekistan rose 6.2%, down from 6.4% a month earlier. Since January 2010 prices have risen 481.4%, which means soʻm100 then buys what soʻm581.41 buys now, so the same basket of goods costs 5.8 times what it did.
Cumulative & Yearly Inflation
Inflation in Uzbekistan by year
Inflation is the change in that year's average prices against the year before, which is the figure usually quoted. The last two columns take soʻm100 in January of that year and show what it is worth in August 2026, the most recent month on record. Only years measured in full are listed, so the year now running appears once it ends.
| Year | Inflation | soʻm100 is now | Cumulative inflation |
|---|---|---|---|
| 2020 | 12.9% | 180.76 | 80.8% |
| 2024 | 9.6% | 121.04 | 21.0% |
| 2025 | 8.8% | 110.16 | 10.2% |
Every year from 2011 to 2025
| Year | Inflation | soʻm100 is now | Cumulative inflation |
|---|---|---|---|
| 2011 | 13.8% | 518.68 | 418.7% |
| 2012 | 13.2% | 449.72 | 349.7% |
| 2013 | 11.8% | 402.25 | 302.2% |
| 2014 | 9.3% | 366.74 | 266.7% |
| 2015 | 8.8% | 332.58 | 232.6% |
| 2016 | 8.1% | 307.09 | 207.1% |
| 2017 | 13.9% | 280.07 | 180.1% |
| 2018 | 17.5% | 233.12 | 133.1% |
| 2019 | 14.5% | 206.37 | 106.4% |
| 2020 | 12.9% | 180.76 | 80.8% |
| 2021 | 10.8% | 161.94 | 61.9% |
| 2022 | 11.4% | 147.43 | 47.4% |
| 2023 | 10.0% | 131.40 | 31.4% |
| 2024 | 9.6% | 121.04 | 21.0% |
| 2025 | 8.8% | 110.16 | 10.2% |
A short history of inflation in Uzbekistan
Ending the Multiple Exchange Rate (2017 to 2018)
Uzbek inflation peaked at 20.1% in the year to January 2018, and it was the price of ending a long deception. For years the som had been held at an official rate far above what it was worth, with foreign currency rationed and a parallel market operating at roughly double the official price, so the published exchange rate described almost none of the transactions actually taking place.
In September 2017 the new government devalued the som by around half and made it convertible, abolishing the multiple rates in a single step. Imported goods that had been priced unofficially at the parallel rate now carried that cost openly, and the measured price level rose to meet what people had in practice been paying. It is an unusually clear case of inflation appearing in the statistics because a distortion was removed rather than because anything got worse.
Common questions about inflation in Uzbekistan
What is the current inflation rate in Uzbekistan?
Prices in Uzbekistan rose 6.2% in the year to August 2026. That is down from 6.4% a month earlier.
What would soʻm100 in January 2010 be worth today?
soʻm100.00 in January 2010 has the same buying power as soʻm581.41 in August 2026, a rise of 481.4%.
What would soʻm100 in January 2020 be worth today?
soʻm100.00 in January 2020 has the same buying power as soʻm180.76 in August 2026, a rise of 80.8%.
What is Uzbekistan's inflation target?
Uzbekistan targets 5%. The latest reading of 6.2% is running 1.2 points above it.
How inflation in Uzbekistan is measured
The figures on this page come from the IMF's CPI dataset, with the original data from the Statistics Agency of Uzbekistan. The series is indexed so that a chosen base year equals 100, and the calculator works out the ratio between any two dates you pick.
The currency shown is the Uzbekistani som (soʻm). Coverage runs from January 2010 to August 2026, and updates automatically as each new release is published. Figures for the most recent periods can be revised by the statistics office after first publication.
Use this data
Click the reference to select it.
Compare Inflation. “Inflation in Uzbekistan.” Figures for August 2026. https://compareinflation.com/inflation-in-uzbekistan/
Download the full series (CSV) — 200 months, January 2010 to August 2026, with the annual rate for each.