(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, May 2. According topreliminary estimates, Uzbekistan's GDP amounted to 242.7 trillionsoums ($19.1 billion) from January through March 2024, Trend reports.
According to the data from Uzbekistan's Statistics Agency, thisfigure has increased by 22.3 percent compared to the same periodlast year (198.4 trillion soums, or $15.6 billion in January-March2023).
The largest share of GDP by types of economic activity falls onservices (54 percent), followed by industry sector (29.2 percent),agriculture, forestry and fishery (11.3 percent), and construction(5.5 percent).
At the same time, Uzbekistan's GDP per capita totaled 6.5million soums ($512) from January through March 2024. Thisindicator shows a 20.3 percent growth year-on-year (5.4 millionsoums, or $426 in January-March 2023).
Meanwhile, the Central Bank of Uzbekistan projects the country'sreal GDP to amount to 5.2–5.7 percent in 2024.
According to the Bank, the reason for this is associated withmore moderate consumer demand in the future due to structuralchanges in the expenditures of households and businesses.
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