Share of small businesses in Uzbek economy makes up 53% in Jan-Sep
20/11/2014 18:51
Share of small businesses in Uzbek economy makes up 53% in Jan-Sep
20/11/2014 18:51
Tashkent, Uzbekistan (UzDaily.com) -- Share of small business in the total volume of GDP of Uzbekistan made up 52.9% in January-September 2014, which is 1.7 percentage points more than in January-September 2013, the press service of the State Statistics Committee of Uzbekistan said.
In January-September 2014, the share of small business and micrfirms in the total volume of GDP was 29.2%, which is 0.6 percentage points more than in January- September 2013, the State Statistics Committee of Uzbekistan said.
In January-September 2014 small business entities provided jobs to 9.804 million persons (76.5% of total persons employed in the economy), including 7.452 million persons of the individual sector and 2.351 million persons of small enterprises and microfirms.
The number of persons engaged in the private sector of small business was 9.02 million or 92% of total employment in the sphere of small business.
The sector produced industrial products worth 16.929 trillion soums (31.1% of total industrial production) which grew by 18% year-on-year.
Small businesses utilized 7.901 trillion soums of investments (33.3% of total utilized investments), which rose by 14.4% year-on-year.
The sector executed construction works for 10.322 trillion soums (68.7% of total construction works), which grew by 12.5% year-on-year.
Small entrepreneurs ensured the growth of freight turnover of motor transport by 9.2% (81.7% of total freight turnover) and passenger turnover - by 7.6% (87.7% of total passenger turnover).
The sector formed 45.4% (18.929 trillion soums) of total retail trade turnover (the growth by 12.3%), 47% (7.556 trillion soums) of total paid services (the growth by 15.1%).
The small businesses exported goods and services for US$2.669 billion (24% of total exports) and imported products and services for US$4.58 billion (45% of total imports).
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