BUSINESS | 16:06 / 24.04.2020
1303
1 min read

Uzbekistan’s GDP for Jan-March announced

In January-March 2020, the gross domestic product (GDP) of Uzbekistan amounted to 110.5 trillion soums in current prices and increased by 4.1% compared to January-March 2019.

Photo: Vitaliy Timkiv

According to the State Statistics Committee, in January-March 2020, GVA (gross value added) in the production of goods amounted to 55.7 trillion soums, services - 44.1 trillion soums, and net taxes on products amounted to 10.6 trillion soums.

In January-March 2020, GDP growth slowed to 4.1% from 5.7% in January-March 2019 and 5.6% in January-March 2018. At the same time, the GDP deflator index also slowed down from 121.3% in January-March 2019 and 136.7% in January-March 2018 to 114.1% in January-March 2020.

During the period under review, the nominal GDP at the average exchange rate amounted to $11.5 billion (in January-March 2019 - $11.1 billion).

GDP per capita amounted to 3.2 million soums (or $341 equivalent), an increase of 2.0% compared to January-March 2019. GDP growth per capita in 2018 and January-March 2019 was 3.9% and 3.8%, respectively.

Related News