Uzbekistan

Description of Uzbekistan

Uzbekistan, located in Central Asia, stands at the crossroads of ancient Silk Road trading routes and boasts a rich history of culture and tradition. With a population of over 33 million people, the country is known for its diverse landscapes, from the arid deserts of the Kyzylkum to the lush valleys of the Fergana region. As a key player in the region, Uzbekistan's strategic location and economic potential make it a compelling subject for analysis in the realms of geopolitics and macroeconomics. By delving into the intricate web of statistical data and economic indicators, we can gain valuable insights into Uzbekistan's development trajectory and its position in the global arena.

Population And Age Structure

Uzbekistan's total population is 34,232,050, which is below the average total population of 40,097,746. Uzbekistan ranks 42 out of 194 countries for total population.

The percentage of the population ages 0-14 in Uzbekistan is 29.77%, higher than the average of 27.34%. Uzbekistan ranks 76 out of 194 countries in this age group.

With a total of 10,190,913 children aged 0-14, Uzbekistan is below the average of 10,327,380 for this age group. Uzbekistan ranks 42 out of 194 countries for this demographic.

Uzbekistan's population ages 15-64 make up 65.36% of the total population, slightly above the average of 63.44%. Uzbekistan ranks 76 out of 194 countries in this age bracket.

The total population of individuals aged 15-64 in Uzbekistan is 22,374,882, lower than the average of 26,003,407. Uzbekistan ranks 42 out of 194 countries for this age range.

Individuals aged 65 and above make up 4.87% of Uzbekistan's population, significantly below the average of 9.22%. Uzbekistan ranks 120 out of 194 countries for this age group.

Uzbekistan has 1,666,255 individuals aged 65 and above, well below the average of 3,766,959 for this age category. Uzbekistan ranks 54 out of 194 countries for this demographic.

Summary

Uzbekistan's demographic profile reveals a younger population compared to the global average, with a higher percentage of individuals in the 0-14 age group and a lower percentage of individuals aged 65 and above. This suggests a potentially growing labor force in the future but also highlights the need for policies and resources geared towards supporting the elderly population as it ages.

Population Miscellaneous

- The rural population in Uzbekistan is 16,973,620, which is below the average of 18,044,041. Uzbekistan is ranked 34th out of 190 countries in this attribute.
- The rural population (% of total population) in Uzbekistan is 49.584%, above the average of 41.158%. Uzbekistan is ranked 66th out of 190 countries in this attribute.
- The urban population in Uzbekistan is 17,258,430, below the average of 22,425,747. Uzbekistan is ranked 43rd out of 194 countries in this attribute.
- The urban population (% of total population) in Uzbekistan is 50.416%, below the average of 59.690%. Uzbekistan is ranked 129th out of 194 countries in this attribute.
- The age dependency ratio (% of working-age population) in Uzbekistan is 52.993%, below the average of 59.219%. Uzbekistan is ranked 119th out of 194 countries in this attribute.
- The crude birth rate in Uzbekistan is 24.6 per 1,000 people, above the average of 19.384. Uzbekistan is ranked 55th out of 192 countries in this attribute.
- The crude death rate in Uzbekistan is 5.1 per 1,000 people, below the average of 8.214. Uzbekistan is ranked 179th out of 192 countries in this attribute.
- The total fertility rate in Uzbekistan is 2.904 births per woman, above the average of 2.603. Uzbekistan is ranked 60th out of 190 countries in this attribute.

Summary

Uzbekistan has a higher rural population percentage compared to the global average, indicating a significant portion of its population resides in rural areas. However, its urban population percentage is below average, suggesting potential urbanization challenges. The country also shows higher-than-average crude birth rates but lower-than-average crude death rates, pointing towards a relatively young population. These demographic statistics are crucial for policymakers to understand the country's societal structure, plan infrastructure development, and address healthcare needs effectively.

Military

Analysis of key attributes for Uzbekistan:

Summary

In analyzing key attributes for Uzbekistan, it is evident that the country has a below-average level of arms imports, with a value of 46,000,000. In terms of total armed forces personnel, Uzbekistan exceeds the global average, boasting 68,000 personnel. However, the percentage of armed forces personnel in Uzbekistan's total labor force is below the average at 0.51%.

These indicators are crucial for understanding Uzbekistan's stance on defense, its military capabilities, and its allocation of resources towards defense. The higher number of armed forces personnel suggests a substantial military presence, while the lower percentage relative to the labor force signifies a potential focus on other sectors for economic development.

Natural Resources

Analysis of key statistics for Uzbekistan:

1. Forest area (sq. km): Uzbekistan's forest area of 36,896.6 sq. km is significantly below the average of 211,606.1 sq. km, ranking 80th out of 191 countries.

2. Land area (sq. km): With a land area of 440,650 sq. km, Uzbekistan falls below the average of 665,166.5 sq. km, ranking 55th out of 194 countries.

3. Surface area (sq. km): Uzbekistan's surface area of 448,924 sq. km is lower than the average of 689,779.6 sq. km, placing it 56th out of 194 countries.

4. Arable land (hectares): Uzbekistan's arable land of 4,023,000 hectares is below the average of 7,329,543.2 hectares, ranking 55th out of 190 countries.

5. Land under cereal production (hectares): With 1,612,938 hectares under cereal production, Uzbekistan falls short of the average of 4,206,011.6 hectares, ranking 62nd out of 174 countries.

6. Average precipitation in depth (mm per year): At 206 mm per year, Uzbekistan experiences lower precipitation compared to the average of 1,157.8 mm per year, ranking 164th out of 178 countries.

7. Renewable internal freshwater resources, total (billion cubic meters): Uzbekistan's total renewable internal freshwater resources of 16.34 billion cubic meters are significantly below the average of 240.4 billion cubic meters, placing it 105th out of 178 countries.

Summary

Uzbekistan exhibits below-average indicators in key statistics such as forest area, land area, arable land, land under cereal production, average precipitation, and renewable internal freshwater resources. These lower figures, when compared to global averages, indicate potential constraints in agricultural productivity, environmental sustainability, and water resource management, which are pivotal for the country's economic development and food security.

Resource Rents

Total natural resources rents (% of GDP): Uzbekistan's value is above the attribute average of 4.63, ranking 36 out of 175 countries.

Coal rents (% of GDP): Uzbekistan's value is below the attribute average of 0.40, ranking 31 out of 65 countries.

Forest rents (% of GDP): Uzbekistan's value is significantly below the attribute average of 1.53, ranking 166 out of 174 countries.

Oil rents (% of GDP): Uzbekistan's value is well below the attribute average of 2.51, ranking 44 out of 117 countries.

Natural gas rents (% of GDP): Uzbekistan's value is above the attribute average of 1.25, ranking 15 out of 96 countries.

Mineral rents (% of GDP): Uzbekistan's value is significantly above the attribute average of 1.23, ranking 4 out of 86 countries.

Summary

Uzbekistan demonstrates a mixed performance in terms of natural resource rents compared to global averages and rankings. While the country excels in mineral rents, ranking 4th out of 86 countries, it lags behind in forest rents, ranking 166th out of 174 countries. These statistics are crucial as they shed light on Uzbekistan's economic dependency on specific natural resources and highlight areas for potential diversification and sustainable resource management.

Commodities

In terms of Cereal production, Uzbekistan's value of 7,226,351.41 metric tons is below the attribute average of 17,249,945.93 metric tons. Uzbekistan ranks 45th out of 174 countries in terms of Cereal production.

For Aquaculture production, Uzbekistan's value of 98,003 metric tons is significantly lower than the attribute average of 679,642.92 metric tons. Uzbekistan ranks 40th out of 180 countries in Aquaculture production.

Looking at Capture fisheries production, Uzbekistan's production of 46,100.02 metric tons is well below the average of 467,453.06 metric tons. Uzbekistan ranks 99th out of 190 countries for Capture fisheries production.

For Total fisheries production, Uzbekistan's figure of 144,103.02 metric tons falls short of the average of 1,153,914.85 metric tons. The country ranks 73rd out of 182 countries in Total fisheries production.

Finally, in terms of Fertilizer consumption, Uzbekistan's value of 268.26 kilograms per hectare of arable land is above the attribute average of 159.04 kilograms. Uzbekistan ranks 25th out of 187 countries in Fertilizer consumption.

Summary

Uzbekistan's performance in key macroeconomic indicators such as Cereal, Aquaculture, Capture fisheries, Total fisheries production, and Fertilizer consumption reflects mixed results. While the country lags behind in production metrics like Cereal and Fisheries, it stands out positively in Fertilizer consumption, ranking higher than the average.

These statistics are crucial as they indicate Uzbekistan's agricultural and fisheries sector's relative standing globally, suggesting areas for improvement such as enhancing production output while also highlighting successful practices like efficient fertilizer usage that contribute to the country's agricultural development.

Intellectual Property

1. Industrial design applications, nonresident, by count: Uzbekistan's value of 31 is significantly below the average of 1415.83. With a rank of 93 out of 112 countries, Uzbekistan has room for growth in this area.

2. Industrial design applications, resident, by count: Uzbekistan's value of 149 falls below the average of 9799.58. Ranked 63 out of 113 countries, Uzbekistan can enhance resident industrial design applications domestically.

3. Patent applications, nonresidents: Uzbekistan's value of 232 is lower than the average of 6538.40. The country is ranked 58 out of 129 countries, indicating potential to attract more nonresident patent applications.

4. Patent applications, residents: With a value of 356, Uzbekistan lags behind the average of 19037.56. Ranked 50 out of 117 countries, there is scope for increased resident patent applications within the country.

5. Trademark applications, nonresident, by count: Uzbekistan's value of 7002 is notably below the average of 15878.93. Ranked 56 out of 130 countries, Uzbekistan can work on attracting more nonresident trademark applications.

6. Trademark applications, resident, by count: Uzbekistan's value of 8191 is well below the average of 111055.78. Ranked 52 out of 129 countries, there is potential for growth in resident trademark applications within Uzbekistan.

7. Scientific and technical journal articles: Uzbekistan's value of 1375.29 is significantly lower than the average of 15103.76. Positioned at rank 76 out of 192 countries, Uzbekistan can focus on increasing contributions to scientific and technical journals.

8. Charges for the use of intellectual property, payments (BoP, current US$): Uzbekistan's value of 112,682,350.39 is well below the average of 3,218,843,494.39. Ranked 69 out of 143 countries, Uzbekistan has lower outgoing intellectual property charges compared to the average.

9. Charges for the use of intellectual property, receipts (BoP, current US$): Uzbekistan's value of 147,149.93 is significantly below the average of 3,191,687,117.58. Positioned at rank 103 out of 122 countries, Uzbekistan receives relatively lower intellectual property charges.

10. Researchers in R&D (per million people): With a value of 426.82, Uzbekistan falls short of the average of 2556.45 researchers per million people. Ranked 58 out of 72 countries, Uzbekistan can invest further in research and development activities.

Summary

The analysis of key macroeconomic indicators for Uzbekistan reveals that the country generally lags behind the global averages in industrial design applications, patent applications, trademark applications, scientific and technical journal articles, charges for the use of intellectual property, and researchers in R&D. This indicates room for improvement in innovation, research, and intellectual property activities within Uzbekistan, which are crucial for economic development, technological advancement, and global competitiveness.

Broad Economy Attributes

Uzbekistan's GDP (current US$) is $60.22 billion, ranking 76 out of 189 countries. It is below the average GDP of $442.87 billion.

In terms of GDP, PPP (current international $), Uzbekistan's value is $267.79 billion, ranking 58 out of 181 countries. This is lower than the average GDP of $734.14 billion.

Uzbekistan's GDP per capita (current US$) is $1759.31, ranking 148 out of 190 countries. It falls below the average GDP per capita of $15,462.11.

The country's GDP per capita, PPP (current international $) stands at $7822.66, ranking 120 out of 181 countries, significantly lower than the average of $21,251.89.

When looking at GNI (current US$), Uzbekistan's value is $60.38 billion, placing it at rank 72 out of 185 countries. It is below the average GNI of $452.04 billion.

For GNI, PPP (current international $), Uzbekistan's value is $268.50 billion, ranking 58 out of 181 countries. The average GNI for all countries is $730.70 billion.

Lastly, Uzbekistan's GNI per capita, PPP (current international $) is $7840, ranking 118 out of 181 countries. It is notably lower than the average GNI per capita of $20,615.75.

Summary

Uzbekistan's macroeconomic indicators, including GDP, GDP per capita, and GNI, consistently rank below the global averages. This suggests that Uzbekistan's economy is relatively smaller and less developed compared to many other countries worldwide. These statistics are important as they provide insight into Uzbekistan's economic standing on the global stage, highlighting areas where further growth and development may be necessary to catch up to international norms.

Broad Value Added

Uzbekistan's Gross value added at basic prices (GVA) is $55,812,492,251.66, ranking 70th out of 176 countries. This value is below the attribute average of $360,070,943,595.12.

Uzbekistan's Agriculture, forestry, and fishing value added (% of GDP) is 24.85%, ranking 20th out of 182 countries. This percentage is significantly above the attribute average of 10.86%.

Uzbekistan's Agriculture, forestry, and fishing value added is $14,968,146,818.61, ranking 37th out of 182 countries. This value is below the attribute average of $19,924,732,828.07.

Uzbekistan's Services value added (% of GDP) is 35.64%, ranking 178th out of 183 countries. This percentage is below the attribute average of 56.72%.

Uzbekistan's Services value added is $21,465,077,864.07, ranking 89th out of 183 countries. This value is below the attribute average of $295,837,711,130.69.

Uzbekistan's Industry (including construction) value added is $18,659,745,173.48, ranking 71st out of 183 countries. This value is below the attribute average of $118,421,095,413.50.

Summary

Uzbekistan demonstrates a strong reliance on the agriculture, forestry, and fishing sector, with value added in this sector comprising a significant portion of the country's GDP. Despite this, the services sector lags behind, both in terms of its contribution to the GDP and its ranking globally. The industrial sector also falls short of the global average. These findings are crucial as they highlight Uzbekistan's economic structure, showing areas of strength and indicating where there may be room for growth and development.

Manufacturing Value Added

- Uzbekistan's manufacturing value added in current US dollars is $11,541,684,550 which is below the average of $76,207,179,589. Uzbekistan ranks 62nd out of 173 countries in this attribute.
- Manufacturing value added as a percentage of GDP in Uzbekistan is 19.16%, higher than the average of 11.90%. The country ranks 21st out of 173 countries in this aspect.
- Uzbekistan's contribution to medium and high-tech manufacturing value added as a percentage of total manufacturing value added is 18.02%, below the average of 24.49%. It ranks 90th out of 149 countries.
- Chemicals' contribution to manufacturing value added in Uzbekistan is 8.26%, lower than the average of 11.56%. The country ranks 54th out of 89 countries.
- In Uzbekistan, the food, beverages, and tobacco sector contribute 13.98% to manufacturing value added, which is below the average of 24.51%. Uzbekistan ranks 64th out of 92 countries.
- Machinery and transport equipment add 8.07% to manufacturing value added in Uzbekistan, lower than the average of 16.85%. Uzbekistan ranks 64th out of 93 countries.
- Textiles and clothing sector's contribution in Uzbekistan is 12.90% to manufacturing value added, above the average of 6.33%. The country ranks 12th out of 93 countries.
- Other manufacturing activities contribute 56.78% to manufacturing value added in Uzbekistan, higher than the average of 42.13%. Uzbekistan ranks 13th out of 94 countries.

Summary

Uzbekistan's manufacturing value added metrics depict a mixed picture compared to global averages and rankings. While the country excels in terms of percentage contribution to GDP and holds a strong position in the textiles and clothing sector, it lags in other areas such as medium/high-tech manufacturing and chemicals. These indicators are crucial for assessing Uzbekistan's industrial diversification, economic competitiveness, and potential for technological advancement.

Money

For "Inflation, consumer prices (annual %)", Uzbekistan's value of 12.87% is above the average of 8.26%. It ranks 13th out of 165 countries in the dataset.

Regarding "Inflation, GDP deflator (annual %)", Uzbekistan's value of 11.44% is also above the average of 6.90%. It ranks 14th out of 188 countries in the dataset.

When it comes to "Broad money growth (annual %)", Uzbekistan's rate of 17.70% is slightly below the average of 18.03%. It holds the 40th position out of 139 countries.

Looking at "Broad money (% of GDP)", Uzbekistan's percentage of 18.50% is significantly below the average of 71.75%. It ranks 136th out of 139 countries in the dataset.

Lastly, in terms of "Broad money to total reserves ratio", Uzbekistan's ratio of 0.32 is notably below the average of 5.17. It holds the 126th position out of 126 countries.

Summary

Uzbekistan exhibits above-average inflation rates in both consumer prices and GDP deflator, positioning it among the top 15% of countries globally for these indicators. Despite having a slightly below-average broad money growth rate, Uzbekistan significantly lags in terms of broad money as a percentage of GDP and the broad money to total reserves ratio, ranking among the bottom performers in the dataset. These statistics highlight Uzbekistan's challenges in monetary stability and efficient use of financial resources, suggesting potential vulnerabilities in its economy that may require attention and structural reforms.

Consumption Expenditure

Final consumption expenditure (current US$): Uzbekistan's value is $45,189,744,418.47, below the attribute average of $381,630,252,515.38. Uzbekistan ranks 72 out of 159 countries in this data set.

Final consumption expenditure (% of GDP): Uzbekistan's value is 75.04%, slightly below the attribute average of 82.37%. Uzbekistan ranks 108 out of 159 countries in this data set.

General government final consumption expenditure (current US$): Uzbekistan's value is $9,728,810,178.15, significantly below the attribute average of $93,676,578,238.03. Uzbekistan ranks 72 out of 158 countries in this data set.

General government final consumption expenditure (% of GDP): Uzbekistan's value is 16.15%, below the attribute average of 18.71%. Uzbekistan ranks 94 out of 158 countries in this data set.

Household and NPISHs Final consumption expenditure (current US$): Uzbekistan's value is $35,460,934,240.32, significantly below the attribute average of $290,127,571,157.69. Uzbekistan ranks 71 out of 158 countries in this data set.

Households and NPISHs final consumption expenditure (% of GDP): Uzbekistan's value is 58.88%, below the attribute average of 63.68%. Uzbekistan ranks 94 out of 158 countries in this data set.

Summary

Uzbekistan exhibits lower final consumption expenditure in both absolute terms and as a percentage of GDP compared to the global average. The country ranks relatively lower in final consumption expenditure metrics across households, government, and overall, reflecting potential constraints on domestic demand and economic activity.

These indicators are crucial as they highlight Uzbekistan's economic dynamics and its position in the global consumption landscape. Lower consumption expenditure may indicate challenges in stimulating economic growth, domestic demand, and overall development. Addressing these metrics could be key to enhancing economic resilience and fostering sustainable growth in Uzbekistan.

Equities

Uzbekistan's market capitalization of listed domestic companies is $5,230,030,000. This value is significantly below the average of $1,196,037,856,161.88, ranking Uzbekistan 62nd out of 73 countries in the dataset.

Regarding market capitalization of listed domestic companies as a percentage of GDP, Uzbekistan's value is 8.68%. This figure is notably below the average of 71.24%. Uzbekistan is ranked 69th out of 73 countries in this metric.

Summary

Uzbekistan's market capitalization of listed domestic companies is notably low compared to the average of the countries in the dataset, ranking 62nd out of 73 countries. Additionally, the market capitalization as a percentage of GDP is only 8.68%, positioning Uzbekistan at the 69th place out of 73 countries for this metric.

These findings suggest that Uzbekistan's stock market is relatively small and underdeveloped compared to other countries in the dataset. Low market capitalization can indicate limited access to investment opportunities for both domestic and foreign investors, potentially hindering the country's economic growth and competitiveness in the global market.

Investment

Foreign direct investment, net (BoP, current US$): Uzbekistan received -1716938024.48459 in net foreign direct investment, ranking 127 out of 169 countries. This value is below the average of -1615235980.5053596.

Foreign direct investment, net inflows (BoP, current US$): Uzbekistan had 1728247827.582 in net inflows, ranking 55 out of 182 countries. This value is significantly below the average of 5749271080.145696.

Foreign direct investment, net inflows (% of GDP): With a value of 2.86966608446119%, Uzbekistan ranks 65 out of 178 countries, above the average of 2.609379547494923%.

Foreign direct investment, net outflows (BoP, current US$): Uzbekistan recorded 11309803.0974064 in net outflows, ranking 97 out of 156 countries. This value is much lower than the average of 5707991116.068991.

Foreign direct investment, net outflows (% of GDP): Uzbekistan's net outflows represented 0.0187793427844025% of its GDP, ranking 110 out of 155 countries. It is notably below the average of 1.00435052368164%.

Portfolio Investment, net (BoP, current US$): Uzbekistan had -1389601665.99359 in net portfolio investment, ranking 127 out of 159 countries. This value is well below the average of 679559169.5717607.

Portfolio investment, bonds (PPG + PNG) (NFL, current US$): The country recorded 1347624000 in portfolio investment in bonds, ranking 19 out of 59 countries. This value is below the average of 4134263915.254237.

Portfolio equity, net inflows (BoP, current US$): Uzbekistan received 32469054.376176 in net equity inflows, ranking 36 out of 125 countries. This value is significantly lower than the average of 9197145994.702154.

Summary

The analysis of key macroeconomic indicators for Uzbekistan reveals that the country has struggled with attracting foreign direct investment, both in terms of net inflows and outflows, compared to global averages. However, Uzbekistan has shown some strength in portfolio investment in bonds, ranking higher than average in this category. These findings are important as they highlight areas where Uzbekistan may need to improve in order to boost its economic growth and attractiveness to foreign investors.

Debt

Uzbekistan's total debt service as a percentage of Gross National Income (GNI) stands at 5.22%, slightly below the average of 5.98%. The country ranks 47th out of 120 countries in this metric.

For public and publicly guaranteed debt service as a percentage of GNI, Uzbekistan's value is 1.36%, significantly lower than the average of 2.84%. This places Uzbekistan at the 83rd rank out of 120 countries.

Uzbekistan's external debt stocks as a percentage of GNI are 55.83%, below the average of 65.42%. The country holds the 56th position out of 120 countries in this aspect.

In terms of debt service on external debt (total in current US dollars), Uzbekistan pays $3.15 billion, substantially lower than the average of $9.81 billion. The country ranks 36th out of 123 countries.

For debt service on external debt that is public and publicly guaranteed in current US dollars, Uzbekistan's payment is $823.37 million, below the average of $3.31 billion. The country ranks 51st out of 123 countries.

Uzbekistan's external debt stocks that are public and publicly guaranteed in current US dollars amount to $18.73 billion, lower than the average of $28.70 billion. This places Uzbekistan at the 38th position out of 123 countries.

The country's external debt stocks that are private nonguaranteed in current US dollars stand at $11.83 billion, significantly below the average of $33.73 billion. Uzbekistan ranks 31st out of 91 countries in this category.

Uzbekistan's total external debt stocks in current US dollars amount to $33.71 billion, well below the average of $73.85 billion. The country holds the 38th rank out of 123 countries in this metric.

Summary

Uzbekistan maintains relatively low levels of debt compared to the global averages across various metrics such as total debt service, external debt stocks, and debt payments. These statistics indicate that Uzbekistan may have a lower debt burden and potentially more fiscal stability compared to many other countries. This is crucial as lower debt levels can lead to lower financial risks, increased economic sovereignty, and improved investor confidence, which are vital for long-term economic growth and sustainable development.

Broad Trade Attributes

1. Trade (% of GDP): Uzbekistan's trade as a percentage of GDP is 61.84%, which is below the average of 82.34%. Uzbekistan ranks 93rd out of 163 countries in this aspect.

2. Merchandise trade (% of GDP): Uzbekistan's merchandise trade as a percentage of GDP is 55.29%, slightly below the average of 60.01%. The country ranks 83rd out of 186 countries in this category.

3. Trade in services (% of GDP): Uzbekistan's trade in services as a percentage of GDP is 8.79%, significantly lower than the average of 24.63%. The country ranks 131st out of 171 countries in this metric.

4. External balance on goods and services (current US$): Uzbekistan has an external balance of goods and services amounting to -$8,119,830,715.35, which is significantly below the average of $3,405,509,011.13. Uzbekistan ranks 145th out of 163 countries in this measure.

5. External balance on goods and services (% of GDP): Uzbekistan's external balance as a percentage of GDP is -13.48%, below the average of -5.97%. The country ranks 122nd out of 163 countries in this category.

Summary

Uzbekistan exhibits a lower-than-average performance in key macroeconomic indicators related to trade, merchandise trade, trade in services, and external balance on goods and services. These statistics suggest that Uzbekistan may face challenges in maintaining a balanced trade position and could experience difficulties in generating revenue from trade activities, both in goods and services sectors. Addressing these imbalances is crucial for Uzbekistan's economic development and competitiveness in the global market.

Net Trade

Uzbekistan's current account balance (BoP, current US$) is below the average by $4.47 billion, ranking 144 out of 170 countries. The country's current account balance (% of GDP) is also below the average by 2.67%, ranking 121 out of 170 countries. Uzbekistan's net trade in goods and services (BoP, current US$) is significantly below the average by $10.71 billion, ranking 154 out of 171 countries.

Furthermore, Uzbekistan's net primary income (BoP, current US$) is above the average by $1.06 billion, ranking 32 out of 170 countries. The country's net secondary income (BoP, current US$) is notably above the average by $5.18 billion, ranking 26 out of 170 countries.

Uzbekistan's net trade in goods (BoP, current US$) is below the average by $7.52 billion, ranking 142 out of 171 countries. The country's net capital account (BoP, current US$) is below the average by $111.39 million, ranking 92 out of 159 countries. Lastly, Uzbekistan's net financial account (BoP, current US$) is significantly below the average by $3.66 billion, ranking 146 out of 170 countries.

Summary

Uzbekistan's current account balance, net trade in goods and services, and net financial account are all below the global average, indicating a trade deficit and a reliance on external financing. However, the country's strong performance in net primary and secondary income signifies its ability to earn income from foreign investments and remittances. These indicators are crucial for policymakers and investors to assess Uzbekistan's economic resilience and sustainability in the global market.

Broad Export Attributes

- Exports of goods, services and primary income (BoP, current US$): Uzbekistan's value of $16,475,353,238.08 is significantly below the average of $146,238,908,936.30. It ranks 78th out of 170 countries in the dataset.

- Exports of goods and services (BoP, current US$): Uzbekistan's value of $14,536,446,559.47 is notably lower than the average of $122,938,540,059.78. The country ranks 79th out of 170 countries.

- Exports of goods and services (current US$): Uzbekistan's value of $14,561,318,344.18 is below the average of $129,596,864,610.19. It ranks 78th out of 163 countries.

- Exports of goods and services (% of GDP): Uzbekistan's value of 24.18% is lower than the average of 38.19%. The country ranks 108th out of 163 countries.

- Goods exports (BoP, current US$): Uzbekistan's value of $12,832,166,265.06 is well below the average of $93,310,581,697.39. It ranks 74th out of 171 countries.

- International tourism, receipts (% of total exports): Uzbekistan's percentage of 2.72% is notably lower than the average of 9.74%. The country ranks 74th out of 120 countries in the dataset.

- ICT goods exports (% of total goods exports): Uzbekistan's percentage of 0.16% is significantly below the average of 3.81%. It ranks 100th out of 142 countries included in the data.

Summary

Uzbekistan's key macroeconomic indicators for exports reveal a consistent trend of below-average performance across various categories, indicating a need for diversification and expansion of its export base. With rankings ranging from 74th to 108th out of the total countries examined, Uzbekistan's reliance on traditional export sectors and its limited international tourism and ICT goods exports highlight the importance of enhancing competitiveness and exploring new markets to drive economic growth.

Merchandise Exports

Uzbekistan's merchandise exports amount to $13.28 billion. This is below the average of $89.54 billion, ranking Uzbekistan 79th out of 187 countries in the dataset.

Uzbekistan's agricultural raw materials exports account for 2.85% of its merchandise exports, slightly below the average of 2.97%. This places Uzbekistan in the 41st position out of 151 countries.

Food exports contribute to 9.57% of Uzbekistan's merchandise exports, significantly lower than the average of 24.06%. Uzbekistan ranks 106th out of 152 countries in this category.

Uzbekistan's fuel exports represent 5.96% of its merchandise exports, which is below the average of 13.70%. The country holds the 58th position out of 147 countries.

Ores and metals exports constitute 8.34% of Uzbekistan's merchandise exports, slightly lower than the average of 9.10%. Uzbekistan ranks 35th out of 152 countries for this attribute.

Uzbekistan's residual merchandise exports, at 45.10%, are substantially higher than the average of 3.20%. This places Uzbekistan 3rd out of 166 countries in the dataset.

Summary

Uzbekistan's merchandise exports are below average, with a notable reliance on residual merchandise exports. The country performs relatively well in ores and metals exports, but lags behind in food exports. These indicators are crucial as they highlight Uzbekistan's export strengths and weaknesses, providing insight into its economic diversification and international competitiveness.

Technology Exports

Uzbekistan's Manufactures exports account for 24.74% of its merchandise exports, below the average of 42.62%. This places Uzbekistan at rank 93 out of 152 countries included in the data for this attribute.

Uzbekistan's High-technology exports are valued at $42,220,494, significantly below the average of $16,655,934,078.80. This places Uzbekistan at rank 93 out of 151 countries in this category.

Uzbekistan's High-technology exports as a percentage of manufactured exports stand at 1.30%, lower than the average of 10.15%. This places Uzbekistan at rank 128 out of 150 countries included in the data for this attribute.

Uzbekistan's Medium and high-tech exports as a percentage of manufactured exports are at 26.59%, which is below the average of 34.29%. This positions Uzbekistan at rank 84 out of 149 countries in this category.

Summary

Uzbekistan lags behind the global average in key macroeconomic indicators related to exports, such as Manufactures exports, High-technology exports value, High-technology exports as a percentage of Manufactured exports, and Medium and high-tech exports as a percentage of Manufactured exports. These statistics suggest that Uzbekistan may need to enhance its technological capabilities, diversify its exports, and invest more in high-tech industries to boost economic growth and competitiveness in the global market.

Service Exports

Analysis of Key Statistics for Uzbekistan:

Summary

Uzbekistan exhibits low values in various service export categories compared to global averages, placing the country below average in rankings for most indicators. Particularly notable is Uzbekistan's underperformance in ICT service exports and communications-related services. These statistics suggest a potential underdeveloped service sector in Uzbekistan, which could indicate areas for growth and investment to enhance the country's economic diversification and competitiveness in the global market.

Commercial Service Exports

1. Commercial service exports (current US$): Uzbekistan's value for commercial service exports is $1,697,320,294.41, which is significantly below the average of $28,508,218,402.80. Uzbekistan ranks 90 out of 171 countries in this attribute.

2. Travel services (% of commercial service exports): Uzbekistan's percentage of travel services in commercial service exports is 20.61%, slightly below the average of 27.89%. The country ranks 84 out of 167 countries.

3. Computer, communications and other services (% of commercial service exports): Uzbekistan's percentage in this category is 18.26%, significantly lower than the average of 42.44%. The country ranks 131 out of 169 countries.

4. Insurance and financial services (% of commercial service exports): Uzbekistan's percentage for insurance and financial services is 2.25%, well below the average of 6.97%. The country ranks 112 out of 161 countries.

5. Transport services (% of commercial service exports): Uzbekistan's percentage of transport services in commercial exports is 58.89%, significantly above the average of 23.37%. The country ranks 13 out of 169 countries.

Summary

Uzbekistan's key macroeconomic indicators for commercial service exports reveal strengths and weaknesses in different service sectors. The country performs well in transport services, exceeding the global average by a significant margin and ranking 13th among 169 countries. However, Uzbekistan lags behind in areas such as computer, communications, and other services, as well as insurance and financial services, indicating potential areas for improvement to diversify its service export portfolio and enhance economic competitiveness.

Broad Import Attributes

Uzbekistan's Imports of goods and services (current US$) amount to $22.68 billion, ranking 69th out of 163 countries. This value is significantly below the attribute average of $126.19 billion.

Imports of goods and services (% of GDP) in Uzbekistan stand at 37.66%, ranking 81st out of 163 countries. This percentage is lower than the attribute average of 44.15%.

Uzbekistan's International tourism expenditures (% of total imports) is 4.69%, ranking 29th out of 131 countries. This figure exceeds the attribute average of 3.98%.

The country's ICT goods imports (% total goods imports) represent 3.98%, ranking 98th out of 143 countries. This value falls below the attribute average of 6.85%.

Uzbekistan's Goods imports (BoP, current US$) amount to $19.05 billion, ranking 67th out of 171 countries. This value is well below the attribute average of $92.01 billion.

Imports of goods and services (BoP, current US$) in Uzbekistan stand at $22.64 billion, ranking 69th out of 170 countries. This figure is significantly below the attribute average of $120.32 billion.

Uzbekistan's Imports of goods, services, and primary income (BoP, current US$) amount to $24.42 billion, ranking 72nd out of 170 countries. This value is substantially lower than the attribute average of $144.51 billion.

Summary

Uzbekistan's trade indicators reveal a consistently lower level of imports across various categories compared to the global averages. The country's imports of goods and services, as well as specific categories like ICT goods imports, fall well below the attribute averages. This indicates potential areas for policy focus to boost trade and economic growth through increased imports and international expenditures.

Merchandise Imports

Uzbekistan's merchandise imports amount to $20.02 billion, ranking 68th out of 190 countries. This is significantly below the average of $89.39 billion.

Manufactures imports account for 77.78% of Uzbekistan's merchandise imports. This places Uzbekistan at the 20th position out of 152 countries, showing a value above the average of 66.76%.

Agricultural raw materials imports constitute 2.36% of Uzbekistan's merchandise imports, ranking 15th out of 152 countries. This value is notably higher than the average of 1.27%.

Food imports make up 11.22% of Uzbekistan's merchandise imports, placing Uzbekistan at the 108th position out of 152 countries. This percentage is below the average of 15.89%.

Uzbekistan's fuel imports represent 5.47% of merchandise imports, ranking 123rd out of 152 countries. This value is lower than the average of 11.38%.

Ores and metals imports account for 2.97% of Uzbekistan's merchandise imports, positioning Uzbekistan at the 43rd spot out of 152 countries. This percentage is higher than the average of 2.57%.

Finally, Uzbekistan's residual merchandise imports by the reporting economy are merely 0.0023% of the total merchandise imports, placing Uzbekistan at the 166th position out of 180 countries. This value is significantly below the average of 2.51%.

Summary

Uzbekistan's key macroeconomic indicators reveal a heavy reliance on manufactured goods, mirrored by a significant share of agricultural raw materials imports. However, the country's low food imports suggest potential challenges in ensuring food security. The relatively lower fuel imports indicate the need for energy diversification strategies for economic stability and resilience. These findings underscore the importance of diversifying Uzbekistan's import portfolio to reduce dependency on specific sectors and enhance overall economic sustainability.

Service Imports

The Service imports in current US$ for Uzbekistan amount to $3,589,749,398.49, which is below the average of $27,615,356,170.47. Uzbekistan ranks 76th out of 171 countries in this category.

Communications, computer, etc. (% of service imports, BoP) for Uzbekistan is 17.80%, falling below the average of 44.40%. The country ranks 156th out of 169 countries in this aspect.

Uzbekistan's Transport services (% of service imports, BoP) stand at 51.01%, surpassing the average of 32.90%. This places Uzbekistan at 26th out of 169 countries.

Uzbekistan's Travel services (% of service imports, BoP) constitute 26.76% of the total, exceeding the average of 14.14%. The country ranks 20th out of 169 nations.

Insurance and financial services (% of service imports, BoP) in Uzbekistan make up 4.43% of the total imports, lower than the average of 8.53%. Uzbekistan is ranked 110th out of 169 countries with available data in this category.

Summary

Uzbekistan's service imports amount to $3,589,749,398.49, significantly below the global average. While the country performs well in transport and travel services, it lags in communication services and insurance/financial services imports. This could indicate potential areas for growth and improvement in Uzbekistan's service sector to better align with global standards and competitiveness.

Commercial Service Imports

Commercial service imports in Uzbekistan amount to $3,561,569,398.49, ranking 75 out of 171 countries in this attribute data. This value is significantly below the attribute average of $27,102,746,128.60.

Computer, communications, and other services account for 17.15% of Uzbekistan's commercial service imports, placing it at rank 149 out of 169 countries. The country performs below the attribute average of 41.71%.

Insurance and financial services make up 4.47% of Uzbekistan's commercial service imports, positioning it at rank 114 out of 169 countries. This value is less than the attribute average of 8.85%.

Transport services contribute 51.42% to Uzbekistan's commercial service imports, ranking it at 27 out of 169 countries. Uzbekistan surpasses the attribute average of 34.71% in this category.

Travel services represent 26.97% of Uzbekistan's commercial service imports, placing it at rank 21 out of 169 countries. The country's performance exceeds the attribute average of 14.73%.

Summary

Uzbekistan's commercial service imports are significantly below the global average, with a notable focus on transport services which exceed the attribute average. The country lags in computer, communications, and financial services imports but excels in travel services.

These findings are important as they indicate Uzbekistan's reliance on transport services for international trade, which may signify a focus on physical goods movement rather than digital or financial services. The country's strength in travel services suggests a potential growth area for its economy, while the weaker performance in computer and financial services highlights areas that may require development to diversify and strengthen Uzbekistan's service sector.

Infrastructure

Uzbekistan's railways carried 1795 million passenger-km, significantly below the average of 32281.92 million passenger-km. Uzbekistan ranked 31st out of 64 countries in this attribute.

For the transportation of goods by railways, Uzbekistan transported 23632 million ton-km, below the average of 119231.19 million ton-km. The country ranked 14th out of 62 countries in this category.

Uzbekistan's air transport for freight was 20.00549 million ton-km, well below the average of 1384.37 million ton-km. Uzbekistan ranked 67th out of 126 countries in this aspect.

With 7424 registered carrier departures worldwide, Uzbekistan falls below the average of 134365.61 departures. The country ranked 92nd out of 149 countries in this measure.

Uzbekistan carried 933769 passengers by air transport, significantly below the average of 11848242.7 passengers. The country ranked 72nd out of 149 countries in this attribute.

Uzbekistan's total rail route spanned 4732 km, below the average of 12204.74 km. The country ranked 24th out of 66 countries in this category.

Summary

Uzbekistan's transportation sector lags behind global averages in various key indicators such as passenger-km on railways, transportation of goods by railways, air freight, carrier departures, passengers by air transport, and total rail route length. These findings are crucial as they indicate areas where Uzbekistan may need to focus on improving its transportation infrastructure to enhance connectivity, boost trade, and facilitate economic growth in line with global standards.

Information Technology Infrastructure

Secure Internet servers in Uzbekistan total 16,044, which is significantly below the average of 458,294. Uzbekistan ranks 62 out of 193 countries for this attribute.

Secure Internet servers per 1 million people in Uzbekistan is 468.68, also below the average of 14,067.17. Uzbekistan ranks 94 out of 193 countries for this metric.

Individuals using the Internet take up 71.1% of the population in Uzbekistan, slightly above the average of 64.77%. Uzbekistan ranks 96 out of 180 countries for this indicator.

Fixed broadband subscriptions in Uzbekistan amount to 5,309,012, lower than the average of 6,591,956. Uzbekistan ranks 32 out of 185 countries in this regard.

Mobile cellular subscriptions in Uzbekistan reach 33,387,000, below the average of 42,526,463. Uzbekistan ranks 44 out of 193 countries for this attribute.

Summary

Uzbekistan lags behind the global average in terms of secure Internet servers, secure Internet servers per 1 million people, individuals using the Internet, fixed broadband subscriptions, and mobile cellular subscriptions. This indicates a digital divide and lower connectivity levels compared to the global average, which can impact economic development, access to information, communication, and technological advancement within the country.

Energy Consumption

Uzbekistan's renewable energy consumption is at 1.03%, significantly below the average of 32.18%. This places Uzbekistan at a rank of 178 out of 191 countries in the dataset.

In terms of CO2 emissions, Uzbekistan's value is 115,577.8 kt, which is below the average of 171,895.94 kt. This positions Uzbekistan at rank 35 out of 188 countries in the dataset.

Summary

Uzbekistan's renewable energy consumption at 1.03% is notably lower than the global average of 32.18%, placing the country at 178 out of 191 countries assessed. Additionally, Uzbekistan's CO2 emissions at 115,577.8 kt are lower than the average of 171,895.94 kt, positioning the country at rank 35 out of 188 countries. These statistics indicate that Uzbekistan has significant room for improvement in transitioning towards renewable energy sources to reduce its carbon footprint and align with global sustainability goals.

Government Balance Sheet

Net acquisition of financial assets (% of GDP): Uzbekistan's value is -1.89% of GDP, which is below the average of 2.45%. This places Uzbekistan at rank 77 out of 87 countries in the dataset. Net incurrence of liabilities, total (% of GDP): Uzbekistan's value is 0.0003% of GDP, significantly below the average of 7.43%. This places Uzbekistan at rank 88 out of 92 countries in the dataset. Total reserves (% of total external debt): Uzbekistan's value is 103.54%, which is above the average of 66.13%. This places Uzbekistan at rank 17 out of 102 countries in the dataset. Reserves and related items (BoP, current US$): Uzbekistan's value is $1,395,599,041.08, below the average of $1,924,407,186.58. This places Uzbekistan at rank 37 out of 171 countries in the dataset. Total reserves minus gold (current US$): Uzbekistan's value is $14,687,252,839.06, significantly below the average of $74,221,588,171.61. This places Uzbekistan at rank 58 out of 161 countries in the dataset. Total reserves (includes gold, current US$): Uzbekistan's value is $34,903,111,839.06, below the average of $85,708,019,773.47. This places Uzbekistan at rank 52 out of 161 countries in the dataset. Total reserves in months of imports: Uzbekistan's value is equivalent to 17.15 months of imports, above the average of 7.10 months. This places Uzbekistan at rank 9 out of 151 countries in the dataset.

Summary

In summary, Uzbekistan has a negative net acquisition of financial assets, a low net incurrence of liabilities, and reserves above the average in relation to total external debt. Although its reserves in terms of US dollars are below average, they are sufficient for covering months of imports. These indicators are crucial as they reflect Uzbekistan's financial stability and its ability to manage external obligations while ensuring import coverage and economic security.

Government Revenue

Uzbekistan's Revenue, excluding grants (% of GDP) is 21.38%, below the average of 27.02%. It ranks 79 out of 122 countries.

Grants and other revenue (% of revenue) in Uzbekistan is 15.03%, lower than the average of 23.54%. It ranks 65 out of 108 countries.

Uzbekistan's Social contributions (% of revenue) stand at 15.81%, below the average of 22.29%. It ranks 53 out of 81 countries.

For Taxes on goods and services (% of revenue), Uzbekistan's value is 40.76%, above the average of 31.82%. It ranks 30 out of 122 countries.

Uzbekistan's Taxes on international trade (% of revenue) is 3.11%, below the average of 6.24%. It ranks 56 out of 101 countries.

Regarding Taxes on income, profits and capital gains (% of revenue), Uzbekistan records 25.29%, slightly above the average of 24.66%. It ranks 53 out of 119 countries.

Summary

Uzbekistan's revenue, grants and other revenue, social contributions, taxes on goods and services, taxes on international trade, and taxes on income, profits, and capital gains all vary compared to global averages. The country's revenue sources are diverse, with a higher reliance on taxes on goods and services as well as income, profits, and capital gains. These indicators provide insights into Uzbekistan's fiscal policies, economic structure, and potential areas for development or reform to improve revenue generation and economic stability.

Taxes

1. Tax revenue (% of GDP): Uzbekistan's tax revenue as a percentage of GDP is 14.79%, which is below the average of 16.72%. This places Uzbekistan at rank 69 out of 123 countries analyzed for this attribute.

2. Customs and other import duties (% of tax revenue): Uzbekistan's customs and import duties account for 4.43% of its tax revenue, which is below the average of 9.01%. Uzbekistan ranks 55 out of 99 countries in this aspect.

3. Taxes on income, profits and capital gains (% of total taxes): In Uzbekistan, taxes on income, profits, and capital gains make up 36.57% of the total taxes, slightly below the average of 38.40%. Uzbekistan is ranked 66 out of 120 countries for this metric.

4. Tariff rate, applied, weighted mean, all products (%): The weighted mean tariff rate for all products in Uzbekistan is 2.63%, significantly lower than the average of 5.21%. This places Uzbekistan at rank 89 out of 153 countries included in the analysis for this attribute.

Summary

Uzbekistan's tax revenue as a percentage of GDP, customs and import duties as a percentage of tax revenue, taxes on income, profits, and capital gains as a percentage of total taxes, and the weighted mean tariff rate for all products all fall below global averages. These indicators reflect Uzbekistan's relatively lower fiscal burden on its economy compared to other countries analyzed. This could indicate potential opportunities for Uzbekistan to review its tax policies, potentially increasing revenue streams to support economic development and growth.

Government Expenses

Expense (% of GDP): Uzbekistan's expense as a percentage of GDP is 21.01%, which is below the average of 31.69%. The country ranks 93 out of 123 countries in this attribute data.

Compensation of employees (% of expense): Uzbekistan spends 21.10% on employee compensation, slightly below the average of 24.70%. It ranks 65 out of 123 countries.

Goods and services expense (% of expense): With 4.24% spent on goods and services, Uzbekistan is well below the average of 14.77%. The country ranks 117 out of 122 countries.

Interest payments (% of expense): Uzbekistan allocates 1.36% towards interest payments, significantly lower than the average of 6.85%. It ranks 106 out of 121 countries.

Other expense (% of expense): 18.33% of Uzbekistan's expenses fall under other categories, surpassing the average of 8.29%. The country ranks 12 out of 120 countries.

Subsidies and other transfers (% of expense): Uzbekistan directs 54.97% of its expenses to subsidies and transfers, higher than the average of 43.29%. It ranks 31 out of 121 countries.

Summary

Uzbekistan demonstrates conservative spending habits compared to the global average across various expense categories. The country allocates a lower percentage of GDP to expenses, employee compensation, goods and services, and interest payments, while significantly exceeding the average in other expense and subsidies. These indicators are crucial as they reflect Uzbekistan's priorities in financial management, resource distribution, and economic development strategies in comparison to other countries worldwide.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Mineral rents (% of GDP) 4/86
Inflation, consumer prices (annual %) 13/165
Inflation, GDP deflator (annual %) 14/188
Merchandise exports by the reporting economy, residual (% of total merchandise exports) 3/166
Transport services (% of service exports, BoP) 10/169
Transport services (% of commercial service exports) 13/169
Agricultural raw materials imports (% of merchandise imports) 15/152
Total reserves in months of imports 9/151

Ranks in Bottom Decile For:

Attribute Rank/Total
Death rate, crude (per 1,000 people) 179/192
Average precipitation in depth (mm per year) 164/178
Forest rents (% of GDP) 166/174
Services, value added (% of GDP) 178/183
Broad money (% of GDP) 136/139
Broad money to total reserves ratio 126/126
Market capitalization of listed domestic companies (% of GDP) 69/73
Net trade in goods and services (BoP, current US$) 154/171
Merchandise imports by the reporting economy, residual (% of total merchandise imports) 166/180
Communications, computer, etc. (% of service imports, BoP) 156/169
Renewable energy consumption (% of total final energy consumption) 178/191
Net incurrence of liabilities, total (% of GDP) 88/92
Goods and services expense (% of expense) 117/122