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Economy 14/04/2011 Uzbekistan posts 7.6% GDP growth in 1Q 2011
Uzbekistan posts 7.6% GDP growth in 1Q 2011
Tashkent, Uzbekistan (UzDaily.com) -- Economy of Uzbekistan, in line with the preliminary data, grew by 7.6% in the first quarter of 2011, the State Statistics Committee of Uzbekistan said.

According to the committee, the volume of the gross domestic product (GDP) in the reporting period made up 13.123 trillion soums. The GDP of Uzbekistan rose by 7.6% in the first quarter of 2010 as well.

The industrial output of Uzbekistan made up 8.946 trillion soums in January-March 2011 or grew by 6.2% year-on-year.

Uzbekistan increased agricultural output by 5.8% year-on-year to 1.407 trillion soums in the reporting period.

Retail trade turnover of Uzbekistan reached 5.243 trillion soums (+13.1%) and paid services – 1.99 trillion soums (13.8%).

In the first quarter of 2011, the exports of Uzbekistan grew by 28.5% year-on-year to US$3.471 billion.

Investments to fixed capital made up 3.257 trillion soums in January-March 2011, which is 4% more compared to the same period of 2010. The volume of construction works rose by 0.9% to 1.501 trillion soums.

The volume of cargo transportation made up 255.5 million tonnes (+9.1%) and total cargo turnover – 16.588 billion tonnes-km (7.8%).

Passenger transportation by all transport types in Uzbekistan grew by 4.3% in the first quarter and made up 1.297 billion soums. Passenger turnover made up 16.416 billion passenger-km or grew by 7.7%.

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