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    Uzbekistan Technology Economics

    Uzbekistan's information and communication sector fuels 2.1% GDP growth in 2023

    Uzbekistan's information and communication sector fuels 2.1% GDP growth in 2023

    The contribution of the information and communication sector to Uzbekistan's Gross Domestic Product (GDP) has seen an upsurge in the year 2023, as per the latest data released by the Statistics Agency. The report indicates that UZS 21.1 trillion ($1.7bn) worth of added value was generated within this sector, constituting approximately 2.1% of the nation's GDP.

    Photo: Tashkent leads with 8.6% contribution from information and communication sector
    Source: Statistics Agency

     

    Comparing the figures to the previous year, there has been a notable increment of 0.2% in the share of the information and communication sector in the gross domestic product, showcasing a steady growth trajectory in this crucial segment of the economy.

    The city of Tashkent emerged as the frontrunner, exhibiting the highest proportion of the information and communication sector's contribution to the gross regional product, standing at an impressive 8.6%.

    Photo: ICT sector propels economic advancement in Uzbekistan
    Source: Google Images

     

    Currently, the realm of information and communication technologies (ICT) stands out as one of the fastest-expanding sectors in the worldwide economy. It not only propels economic advancement but also serves as a catalyst for substantial alterations in economic procedures across various sectors. 

    Moreover, it remains instrumental in shaping a novel economy model centered around knowledge utilization, information accessibility, and the fruits of human intellectual endeavors. With advancements in technology and increasing digitalization, the sector continues to be a cornerstone for innovation, productivity, and competitiveness on both regional and global fronts.

     

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    08.04.2024, 10:51   Comments (0)   3057
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