The Harvard Growth Lab has published the Economic Complexity Index (ECI) results, ranking countries based on technological complexity and export diversification.

The Harvard Growth Lab analysts (an interdisciplinary project of Harvard University) have updated the atlas of economic complexity and presented a ranking of countries by the value of the Economic Complexity Index, which includes 133 economies worldwide.

Uzbekistan has significantly improved its economic difficulty rating, rising by 25 places over the past five years and ranking 80th among 133 countries. Türkiye ranks 44th, Vietnam 53rd, Kazakhstan 84th, Russia 94th, Tajikistan 124th, and Turkmenistan 126th. Switzerland, Japan, and Singapore are among the top three countries.

The country’s economy is showing steady growth, with exports increasing by an average of 20.5 percent per year, which is significantly higher than the growth rates in other countries in the region. At the same time, non-oil exports grew by 21.9 percent per year, outpacing the global average.

Medium-sized industrial goods made the largest contribution to export growth over the past five years. Among the more complex products in production, there are high growth rates in transport (89 percent), industrial equipment (77 percent), and electrical engineering (59 percent).

Uzbekistan added 67 new products to its export portfolio, bringing in $2.1 billion. This confirms the country’s successful strategy of diversification and increasing competitiveness. According to Harvard Growth Lab estimates, Uzbekistan has 162 products with competitive advantages in the global market, highlighting its potential in the global economy.

The average annual growth of Uzbekistan’s economy is expected to reach 5.6 percent by 2033.

UzA