Uzbekistan received $15.17 billion in remittances in the first nine months of 2026, an 8.9% increase compared to the same period in 2025, the Central Bank of Uzbekistan reported.
Most of the $1.24 billion increase came in the first half of the year, when inflows grew 13% year-on-year. In the third quarter, growth slowed to 2.9%. Outbound remittances from Uzbekistan totaled $1.95 billion over the nine months, compared with $1.93 billion a year earlier.
Russia remains the largest labor market for Uzbek citizens, though its share of remittances fell from 77.6% in the first quarter of 2025 to 72.4% in the first quarter of 2026. Remittances from Russia rose 8.8% in the first half of 2026, even as Uzbek citizens made 13.2% fewer trips to Russia for work.
Uzbekistan is expanding employment opportunities for its citizens in other countries. In the first half of 2026, remittances from the UK surged by 62%, from European Union countries by 27%, and from the US by 19%.
