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Economic Data for 1997 as of February 26, 1997 (comparison with 1996) Achievements and Statistics |
| GDP growth | by 5.2 % |
| GDP growth vs. population growth | +3.2% |
| Volume of industrial output | +12.7 % /+6.5% than in 1990/1996 |
| Growth of capital investments | by 17% |
| Foreign trade volume | $9bln. |
| Increase of output |
| Industry | 106.5% |
| Agriculture | 105.8% |
| Engineering | 102.6% |
| Trade | 112.7% |
| Paid services | 121.3% |
| Agriculture |
| Actual grain harvest | 3.365 mln. tons |
| Planned grain harvest for 1998 | 3.895 mln. tons |
| Grain consumption | 4.5 mln. tons |
| Raw cotton harvest | 3.7 mln. tons |
| Profit from cotton export | $1.58 bln |
| Consumer goods output volume | +11.2% |
| Budget deficit | 2.2% to GDP |
| Level of money print | 7.8% vs. 26% in 1996 |
| Monthly inflation | 2.1% twice less than 1996 |
| Population income | +10.5% |
| ~ between high and low income | 7.5 times |
| Budget expenditures |
| Social and cultural events | 123 bln.soums (40%) |
| Social security | 30 bln.soums |
|
Construction of health care units supply of gas and water |
34 bln.soums |
| New housing area | 6.7 mln.sq.m (5.4 mln.sq.m in rural) |
| Construction of schools | 64, 000 seats |
| Construction of hospitals and clinics | 1,500 seats and 11,700 visits per shift |
| New gas and water networks | 4,900 km and 1,800 km |
| Children welfare under 16 | 9.6 bln.soums |
| Mastered capital investments | 270 bln.soums (+17%) 63% in manufacturing industry |
| Mastered foreign investments | $1.1 bln. (+1.3%) |
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New compressor station at Kokdumalak gas deposit field |
2.5 bln.cub.m annual output |
| Newly constructed sites |
| Bukhara oil refinery |
| Kokand spirit factory |
| Yangiyul biochemical plant |
| Tashlak textile factory |
| Chorsu sports complex |
| Yunusabad tennis court |
| Center for invalids rehabilitation |
| Tashkent, Ferghana and Navoi centers for poliomyelitis |
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Capital investments in transportation and communication |
54 bln.soums |
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Investment projects with foreign credits and investments |
23 of 57 projects launched in 1995-1996 achieved |
| Joint ventures with foreign investments | 3,200 (80 countries involved) |
| Foreign trade | $9 bln. |
| Export destinations | 78 countries |
| Export items | cotton, ferrus metals, yarn, gasoline, vehicles |
| Export growth |
| on account of gas and oil | by four times |
| vehicles | by 7.4 times |
| chemical viscose fibre | by 6.8 times |
| cloth | by 64% |
| Import reduction |
|
flour products, sugar and confectionery |
two-fold |
| flour | five-fold |
| hard and soft drinks | 17-fold |
| mineral fuel and oil | 2.5-fold |
| cloth | seven-fold |
| shoes | 4-fold |
| 74% of import | equipment and goods for technological and production purposes |
| Volume of foreign currency sold at currency exchange | $3.5 bln. |
| Number of banks with foreign currency operation | 27 |
| Problems |
| Unprofittable enterprises | 302 |
| Their loss | 3.8 bln.soums |
| Bankrupt enterprises | 145 of 2,096 audited 136 enterprises shut down |
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Debitor debt and credit debt of state companies to government |
50.2/80.3 bln.soums |
| Debtors |
| Uzbek Oil and Gas |
| Uzbek Chemical Industry |
| Ministry of Communal Service |
| Minister of Agriculture and Water Management |
| Uzvodstroy concern |
| Uzbek Light Industry |
| Unsold goods | 21.3 bln.soums |
| Unsold stockpiled goods | Uzmashprom, Uzavtotrans, Uzeltechprom |
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Unsold shares of existing joint stock companies |
39 bln.soums |
| Mastered foreign credits | $1.5 mln of $350 mln. assigned |
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Comparative Economic Data for C.I.S. (as of March 31, 1998) |
| Dynamics of Growth of GDP in C.I.S. between 1991-1997 (ratio to 1990) |
| Country | 1990 | 1991 | 1991 to 1990 | 1992 | 1992 to 1991 | 1993 | 1993 to 1992 | 1994 | 1994 to 1993 | 1995 | 1995 to 1994 | 1996 | 1996 to 1995 | 1997 | 1997 to 1996 | ||
| Uzbekistan | 100 | 99.5 | 99.5 | 89 | 89.9 | 86 | 97.7 | 82 | 94.8 | 81 | 98.8 | 83 | 102 | 87 | 105.2 | ||
| Belarus | 100 | 99 | 98.8 | 89 | 90.4 | 83 | 89.4 | 72 | 87.4 | 65 | 90 | 66 | 102.6 | 73 | 110 | ||
| Moldova | 100 | 83 | 82.5 | 59 | 71 | 58 | 98.8 | 69 | 69.1 | 68 | 98.1 | 62 | 92 | 63 | 101 | ||
| Kazakstan | 100 | 89 | 89 | 84 | 94.7 | 75 | 89.4 | 66 | 87.4 | 61 | 91.8 | 61 | 101.1 | 62 | 102 | ||
| Kyrgyzstan | 100 | 92 | 92.2 | 79 | 86.1 | 67 | 84.5 | 54 | 79.9 | 52 | 94.6 | 54 | 105.6 | 60 | 110 | ||
| Russia | 100 | 95 | 95 | 81 | 85.5 | 74 | 91.3 | 65 | 87.3 | 62 | 95.9 | 59 | 95.1 | 59 | 100.4 | ||
| Armenia | 100 | 88 | 88.3 | 51 | 58.2 | 47 | 91.2 | 49 | 105.4 | 53 | 106.4 | 56 | 105.4 | 58 | 103 | ||
| Azerbaijan | 100 | 99 | 99.3 | 77 | 77.4 | 59 | 76.9 | 48 | 80.3 | 42 | 88 | 42 | 101.3 | 44 | 105.8 | ||
| Georgia | 100 | 79 | 78.9 | 44 | 55.1 | 31 | 70.7 | 33 | 108.7 | 35 | 103.3 | 38 | 111.2 | 42 | 111.2 | ||
| Ukraine | 100 | 91 | 91.3 | 82 | 90.1 | 71 | 85.8 | 54 | 77.1 | 48 | 87.8 | 43 | 90 | 42 | 97 |
| Dynamics of Growth of Industrial Output in C.I.S. between 1991-1997 (ratio to 1990) |
| Country | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 |
| Uzbekistan | 100 | 101.5 | 94.7 | 98.1 | 99.7 | 100 | 106 | 112.7 |
| Belarus | 100 | 99 | 89.7 | 80.7 | 66.9 | 59.1 | 61 | 71 |
| Kyrgyzstan | 100 | 99.7 | 73.4 | 54.8 | 39.5 | 32.4 | 35 | 51 |
| Ukraine | 100 | 95.2 | 89.1 | 82 | 59.6 | 52.4 | 50 | 49 |
| Kazakstan | 100 | 99.1 | 85.4 | 72.8 | 52.3 | 48 | 48 | 49 |
| Russia | 100 | 92 | 75.4 | 64.8 | 51.3 | 49.6 | 48 | 48 |
| Armenia | 100 | 92.3 | 47.8 | 42.9 | 45.2 | 46.2 | 47 | 47 |
| Azerbaijan | 100 | 104.8 | 80 | 74.4 | 57.5 | 47.6 | 44 | 44 |
| Moldova | 100 | 88.9 | 64.8 | 65 | 47 | 45.2 | 42 | 41 |
| Georgia | 100 | 77.4 | 41.9 | 30.8 | 18.6 | 16.8 | 18 | 19 |
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