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Economy 05/09/2007 Uzbek GDP increase 9.7%y-o-y in 1H to 10.11trln soums
The nominal gross domestic product (GDP) of Uzbekistan comprised 10.115 trillion soums in the first half of 2007. The real GDP growth made up 9.7% year-on-year.

The GDP deflator, in the reporting period, constituted 117.8% as compared to the prices of January-June 2006, according to the State Statistics Committee of Uzbekistan.

In general, about 75.3% of the GDP was contributed by the non-state sector of the economy (up 1.5%), and 24.7% - by the state sector.

Industry-wise, the shares of different sectors of the economy in the total country GDP were as follows: industrial production - 25.9% (down from 27.2% in 2006); agriculture – 11.8% (down from 12.6%); construction – 6.7% (up from 5.8%); transportation and communication – 11.3% (down from 11.4%); trade and catering - 10.8% (up from 10.5%), and other – 20.9% (up from 19.9%).

In general, the growth of production is observed across all sectors: construction has grown by 20.5%, transportation and communication – by 15.2%, trade and catering – by 18.9%, industrial production – by 6.5%, agriculture – by 5.5%, and production in other spheres – by 8.2%.

Product-wise, the production of goods continues to dominate with about 44.6% of the GDP (down from 45.8%). Production of services has grown from 41.6% of the GDP in the first six months of 2006, to 42.8% in the reporting period.

The share of small business in the total volume of GDP was recorded at 38.1%, up from 34.1% last year. Small enterprises and microfirms contributed about 21.0% of the total GDP, which exceeds their last year’s GDP share by 3.9 percentage points.

In several regions the, regional GDP growth was above the country average. Thus, in the Republic of Karakalpakstan it constituted 12.1%, in Andijan region -12.0%, in Bukhara region - 11.4%, in Samarkand region – 11.4%, in Kashkadarya region – 10.6%, in Surkhandarya region – 9.8% and in the city of Tashkent – 11.8%.
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