The Trading Economics Application Programming Interface (API) provides direct access to our data. The GDP value of Uzbekistan represents 0.05 percent of the world economy. Receipts from these key industries allow the government to control the economy through investments in services (accounting for 48 percent of GDP) and industry (accounting for 40 percent of GDP). Uzbekistan is currently the world’s fifth largest producer of cotton, but is attempting to diversify its agriculture towards fruits and vegetables. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The Gross Domestic Product (GDP) in Uzbekistan was worth 57.92 billion US dollars in 2019, according to official data from the World Bank. Direct access to our calendar releases and historical data. Publish your articles and forecasts in our website. Economy - overview: Uzbekistan is a doubly landlocked country in which 51% of the population lives in urban settlements; the agriculture-rich Fergana Valley, in which Uzbekistan’s eastern borders are situated, has been counted among the most densely populated parts of Central Asia. GDP growth (annual %) - Uzbekistan. Find Out, Online tool for visualization and analysis. The Gross Domestic Product per capita in Uzbekistan was last recorded at 6998.70 US dollars in 2019, when adjusted by purchasing power parity (PPP). 1990-2019 Data | 2020-2022 Forecast | Historical. The GDP per Capita, in Uzbekistan, when adjusted by Purchasing Power Parity is equivalent to 39 percent of the world's average. Cultivable land is 4.4 million hectares, or about 10% of Uzbekistan's total area. Economy | July 25th 2020 President announces sharp decline in gas exports. The Gross Domestic Product (GDP) in Uzbekistan expanded 5.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. While official unemployment is very low, underemployment – especially in … If you continue to navigate this website beyond this page, cookies will be placed on your browser. GDP Constant Prices in Uzbekistan increased to 255252.60 UZS Billion in the second quarter of 2020 from 110517.80 UZS Billion in the first quarter of 2020. Agriculture employs 27% of Uzbekistan's labour force and contributes 17.4% of its GDP (2012 data). Download historical data for 20 million indicators using your browser. It has adversely affected the domestic economy and resulted in declines in employment, well-being, and incomes. More. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Real GDP growth in Uzbekistan slows in first half of 2020. This site uses cookies to optimize functionality and give you the best possible experience. GDP Annual Growth Rate in Uzbekistan averaged 7.31 percent from 2006 until 2019, reaching an all time high of 9.80 percent in the third quarter of 2007 and a record low of 3.60 percent in the first quarter of 2006. The global COVID-19 pandemic is the most severe crisis Uzbekistan has faced since the economy’s recovery from the breakup of the Soviet Union. GDP in Uzbekistan averaged 31.93 USD Billion from 1990 until 2019, reaching an all time high of 81.85 USD Billion in 2015 and a record low of 9.69 USD Billion in 2002. Weak external demand for Uzbek exports will weigh on the economic outlook in 2020. Publish your articles and forecasts in our website. Uzbekistan Coronavirus Deaths at 542.00 Persons, Uzbekistan Total External Debt at 21745148.30 USD Thousand, Uzbekistan Steel Production at 75.00 Thousand Tonnes, Uzbekistan Coronavirus Cases at 64633.00 Persons, Uzbekistan Consumer Spending at 54399700.00 UZS Million, Uzbekistan Corruption Index at 25.00 Points, Uzbekistan Corporate Tax Rate at 7.50 percent, Uzbekistan Crude Oil Production at 40.00 BBL/D/1K. Download historical data for 20 million indicators using your browser. GDP Constant Prices in Uzbekistan averaged 80205.58 UZS Billion from 2002 until 2020, reaching an all time high of 511838.10 UZS Billion in the fourth quarter of 2019 and a record low of 2080.70 UZS Billion in the first quarter of 2004. International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. To learn more about cookies, click here. World Bank national accounts data, and OECD National Accounts data files. Even though Uzbekistan’s economy is relatively closed, it has been growing steadily due to its vast natural resources of oil, natural gas and gold. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. 2006-2019 Data | 2020-2022 Forecast | Historical. Direct access to our calendar releases and historical data. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Contractions in the services and industry were offset by strong construction and agricultural output. World Bank national accounts data, and OECD National Accounts data files. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The Trading Economics Application Programming Interface (API) provides direct access to our data. All news about Uzbekistan At a Glance 2020 Projected Real GDP (% Change) : 0.7 Uzbekistan Coronavirus Deaths at 542.00 Persons, Uzbekistan Total External Debt at 21745148.30 USD Thousand, Uzbekistan Steel Production at 75.00 Thousand Tonnes, Uzbekistan Coronavirus Cases at 64633.00 Persons, Uzbekistan Consumer Spending at 54399700.00 UZS Million, Uzbekistan Corruption Index at 25.00 Points, Uzbekistan Corporate Tax Rate at 7.50 percent, Uzbekistan Crude Oil Production at 40.00 BBL/D/1K.