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    Uzbekistan

    Services sphere in Uzbekistan reaches almost $40bn in 2023

    Services sphere in Uzbekistan reaches almost $40bn in 2023

    In 2023, services in Uzbekistan surged to UZS 470.3 trillion ($38.1bn), marking a significant increase of 113.7% compared to the previous year. These findings come from experts at the Institute of Macroeconomic and Regional Studies (IMRS).

    Illustration on the topic of service.
    Source: Infraspeak

    Urban Contribution to Service Provision

    Cities of republican and regional subordination, totaling 32, contributed 62.1% of all services, amounting to UZS 292.2 trillion ($23.7bn). Notably, Tashkent, the capital, accounted for a substantial 66.1% of this urban service volume.

    Per Capita Services Distribution

    Tashkent recorded the highest volume of services per capita at UZS 64.4mn ($5,222), followed by Urgench (UZS 33.2mn / $2,692) and Navoi (UZS 30.6mn / $2,481). Conversely, cities like Quvasoy, Khiva, Shakhrisabz, and Kattakurgan reported lower figures, ranging from UZS 5.6mn ($454) to UZS 6.9mn ($559).

    Shift in Urban Service Dynamics

    The capital’s share in the total service volume has experienced rapid growth, rising from 33.9% in 2019 to an impressive 41.1% in 2023. Over the past five years, cities like Khiva, Gulistan, Tashkent, Jizzakh, and Navoi witnessed significant increases, ranging from 2.2 to 2.4 times. However, growth rates were comparatively lower in cities such as Akhangaran, Yangiyul, Bekabad, Yangier, and Kattakurgan, with increases of 1.3 to 1.5 times.

    Impact on Central Cities

    Despite overall growth in urban service provision, the increasing dominance of Tashkent has led to a decrease in the share of other cities in this sector. This trend notably affects central cities like Nukus and other regional administrative centers. Over the past five years, the share of central cities in the total volume of services in the country declined by 3.1 percentage points, while other cities saw a marginal decrease of 0.2 percentage points.

     

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    09.02.2024, 23:40   Comments (0)   2223
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