Uzbekistan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Uzbekistan expanded 8 percent in 2013 over the previous year. GDP Annual Growth Rate in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics. From 2006 until 2013, Uzbekistan GDP Annual Growth Rate averaged 8.1 Percent reaching an all time high of 9.8 Percent in September of 2007 and a record low of 3.6 Percent in March of 2006. 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. 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. This page provides - Uzbekistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.00 8.10 9.80 3.60 7.75 | 2014/06 2006 - 2013 Percent Quarterly

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Uzbekistan GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
Gross Fixed Capital Formation 27557.30 2013-12-31 19300.00 27557.30 346.80 25240.57 2014-06-30 UZS Billion [+]
GDP 51.11 2012-12-31 45.32 51.11 9.69 60.32 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 8.00 2013-12-31 8.10 9.80 3.60 7.75 2014-06-30 Percent [+]
GDP per capita 845.74 2012-12-31 793.25 845.74 398.53 922.62 2014-06-30 USD [+]
GDP per capita PPP 3095.04 2012-12-31 2902.95 3095.04 1458.44 3376.38 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Uzbekistan Current Account at 84.00 USD Million  
Uzbekistan recorded a Current Account surplus of 84 USD Million in 2013. Current Account in Uzbekistan is reported by the SESRIC.
Uzbekistan Consumer Spending at 13937500.00 UZS Million  
Consumer Spending in Uzbekistan increased to 13937500 UZS Million in 2012 from 12901800 UZS Million in 2011. Consumer Spending in Uzbekistan is reported by the SESRIC.
Uzbekistan Government Spending at 4854590.00 UZS Million  
Government Spending in Uzbekistan increased to 4854590 UZS Million in 2012 from 4524490 UZS Million in 2011. Government Spending in Uzbekistan is reported by the SESRIC.
Uzbekistan Interest Rate at 10.00 Percent  
The benchmark interest rate in Uzbekistan was last recorded at 10 percent. Interest Rate in Uzbekistan is reported by the Central Bank of Uzbekistan.
Uzbekistan Personal Income Tax Rate at 22.00 percent  
The Personal Income Tax Rate in Uzbekistan stands at 22 percent. Personal Income Tax Rate in Uzbekistan is reported by the State Tax Committee.
Uzbekistan Population at 30.49 Million  
The total population in Uzbekistan was last recorded at 30.5 million people in 2013 from 8.6 million in 1960, changing 256 percent during the last 50 years. Population in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics.
Uzbekistan Corporate Tax Rate at 9.00 percent  
The Corporate Tax Rate in Uzbekistan stands at 9 percent. Corporate Tax Rate in Uzbekistan is reported by the State Tax Committee.
Uzbekistan Sales Tax Rate at 20.00 Percent  
The Sales Tax Rate in Uzbekistan stands at 20 percent. Sales Tax Rate in Uzbekistan is reported by the State Tax Committee.
Uzbekistan Unemployed Persons at 149.00 Thousand  
The number of unemployed persons in Uzbekistan decreased to 149 Thousand in the first quarter of 2011 from 671.60 Thousand in the fourth quarter of 2010. Unemployed Persons in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics.
Uzbekistan Government Budget at 0.43 Percent of GDP  
Uzbekistan recorded a Government Budget surplus equal to 0.43 percent of the country's Gross Domestic Product in 2012. Government Budget in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics.
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