The majority of Uzbekistan’s population continue to depend on salaries as the primary source of income, while most households expect both their earnings and expenses to increase in the coming months, according to a survey by the Central Bank of Uzbekistan.
A consumer sentiment survey conducted in January 2026 found that 67% of respondents identified wages as their main source of income. Other income sources included household farming, temporary or freelance work, entrepreneurship, stipends, pensions, and remittances from relatives abroad, while income from dividends and bank deposits accounted for the smallest share.
The survey also showed strong optimism about future earnings. Around 67% of respondents expect their income to increase, while 25% believe it will remain stable and 8% anticipate a decline. Confidence in income growth was particularly high among individuals earning between UZS 7mn ($572) and 10mn ($817) per month, whereas those in lower, mid-high, and highest income brackets were more likely to expect stability.
Sector-wise, respondents working in services, IT, media, agriculture, trade, public administration, and catering expressed higher expectations of wage growth. In contrast, those in education, utilities, and construction reported more modest outlooks.
At the same time, spending expectations remain elevated. About 76% of participants said they expect their expenses to rise in the coming months, indicating continued pressure on household budgets.
Housing-related costs and education emerged as the leading areas of expenditure across all income groups. Lower-income households tend to prioritize home repairs and education, while higher-income groups are more likely to plan spending on cars, property purchases, and travel.
Education remains a consistent priority regardless of income level, with even lower-income respondents reporting significant spending in this area.
Spending patterns also vary by age. Younger respondents (under 30) focus primarily on education and home improvements, while those aged 31–50 allocate more resources to housing, children’s education, healthcare, and family events. Older respondents (over 51) prioritize healthcare and social ceremonies.
Based on the findings, the Central Bank expects continued demand in key spending categories, including housing repairs, education, healthcare, car purchases, and family-related expenses, reflecting both rising income expectations and ongoing cost pressures across households.
