Economy of Uzbekistan grows by 7% in 1H
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04.08.2017

Economy of Uzbekistan grows by 7% in 1H

Gross domestic product (GDP) of Uzbekistan grew by 7% year-on-year in the first half of 2017 to over 102.7 trillion soums.

According to the State Statistics Committee of Uzbekistan, the volume of industrial production in January-June of 2017 made up 64.99 trillion soums, which rose by 7.6% compared to the same period in 2016.

The volume of production of agriculture, forestry and fishery increased by 5.8% in the reporting period - to 24.05 trillion soums.

In the first half of 2017, Uzbekistan used investments into fixed capital for 26.6 trillion soums, which is 8.3% higher than in January-June 2016.

In the reporting period, construction work in Uzbekistan reached 16.31 trillion soums. The growth compared to the same period in 2016 was 8.7%.

Retail trade turnover increased by 11.1% in January-June of 2017 and reached 49.75 trillion soums. The volume of provided services hit 48.83 trillion soums, which is 11.6% more compared to the same period in 2016.

Over the six months of 2017, cargo turnover reached 41.9 billion tons-km (+ 2.9%) and passenger turnover - 53.3 billion pass-km (+ 5.2%).

UzDaily.com


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