uzbekistan economy...uzbekistan. development priorities for 2014. development priorities for 2014...
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Uzbekistan EconomyEMBASSY OF UZBEKISTAN TO THE UNITED STATES
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
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
Economy Diversification
GDP Structure in 2000 GDP Structure in 2013
Industry
Agriculture
Services
Industry
AgricultureServices
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 )
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
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
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
Development Priorities for 2014
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%
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)
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