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Uzbekistan EconomyEMBASSY OF UZBEKISTAN TO THE UNITED STATES
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GDP Growth Rate (in % to previous year)
7 7.3
9.59
8.18.5 8.3 8.2 8
2005 2006 2007 2008 2009 2010 2011 2012 2013
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CIS Countries GDP Growth Rate(in % to previous year)
9.3
4.7
13.5
5.3
5.1
9.6
9.2
8.1
5
7.7
7.3
-0.5
4.5
6.5
4.1
8.5
0.1
7.7
7.5
6
4.3
7.4
5.2
8.3
2.2
1.5
5
-0.9
3.4
7.5
0.2
8.2
5.8
0.9
6
10.5
1.3
7.4
-1.1
8
AZERBAIJAN
BELARUS
KAZAKHSTAN
KYRGYZ
RUSSIA
TAJIKISTAN
UKRAINE
UZBEKISTAN
2009 2010 2011 2012 2013
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Economy Diversification
GDP Structure in 2000 GDP Structure in 2013
Industry
Agriculture
Services
Industry
AgricultureServices
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Fiscal Policy
0.8
-0.4 -0.4
0.1
0.5
1.11
0.20.3
0.4 0.40.3
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Budget Balance (in% to GDP)
21.6
3.8 3.7
7.86.8 6.8
7.8 7.4 7.3 7.6 7 6.8
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Inflation Rate(in % to previous year )
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Foreign External Debt(in % to GDP)
18
53.1
70
90
25.7
45
75.7
17
0 10 20 30 40 50 60 70 80 90 100
AZERBAIJAN
BELARUS
KAZAKHSTAN
KYRGYZ
RUSSIA
TAJIKISTAN
UKRAINE
UZBEKISTAN
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Investment
Total investment in 2013 - $13 billion (equivalent)
Private Domestic Investment - $6.1 billion (equiv)
FDI - $2.2 billion150 industrial projects completed in 2013,
totaling more than $2.7 billion
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Contribution of SME to Economy(in % to GDP)
12
24
20
42
21
45
7
55.8
0 10 20 30 40 50 60
AZERBAIJAN
BELARUS
KAZAKHSTAN
KYRGYZ
RUSSIA
TAJIKISTAN
UKRAINE
UZBEKISTAN
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Development Priorities for 2014
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Development priorities for 2014
Ensure high growth of GDP GDP growth - 8,1%Industrial production – 8.3%Agricultural production – 6%Retail trade – 13.9%Market services – 16.2%
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Development priorities for 2014
Develop high-tech industrial complexesPotash fertilizer plant, Soda plant, Methanol plantProduction of passenger cars in Khorezm regionTwo large-scale gas chemical complexesThree combined cycle power plants and many other projects
Total investments will reach $14.3 billion (equivalent)
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Development priorities for 2014
Promote a competitive market environment and ensure a business-friendly climate
Shorten, simplify and cheapen licensing procedures for businesses
Transition to online form of business registration, permission and licensing
Develop e-commerce