The Uzbek government forecasts 6% GDP growth in 2025, with industry expanding by 6.1%, agriculture by 4.1%, and services by 14.5%. January served as a key indicator for economic trends throughout the year.

According to the Center for Economic Research and Reforms, the business activity index grew by 8.4% month-on-month and 18.6% year-on-year. Credit volume increased by 14.8%, and retail turnover rose by 1.1%. The number of new enterprises grew by 9.2%, and registered legal entities increased by 19.1%.

Trade volumes surged on the stock exchange: diesel fuel sales doubled, gasoline sales grew 1.4 times, and mineral fertilizers rose by 37.4%. Industrial output reached 55.8 trillion soums, up 4.3%, with manufacturing growing by 5.2% and mining by 2.3%.

Small businesses played a bigger role in industry: their share in furniture production rose from 38% to 57% and in equipment manufacturing from 53% to 63%. The highest industrial growth was seen in Namangan (10.8%), Khorezm (10.7%), and Navoi (10.3%).

Major enterprises increased production, and 19 new products were introduced in Chirchik Chemical Tech Park. The electrical industry produced goods worth 73 billion soums.

Renewable energy generation nearly doubled, reaching 14% of total electricity production.

The service market reached 64.8 trillion soums, growing by 11.4%, with Tashkent (14%), Samarkand (16%), and Fergana (12.4%) leading the growth.

Foreign trade turnover rose by 7.1%, with exports increasing by 14.1%.

Despite slowdowns in other economies, Uzbekistan maintained steady growth, driven by effective reforms and a resilient economic strategy.

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