Tashkent, Uzbekistan (UzDaily.com) — Preliminary data shows that Uzbekistan’s Gross Domestic Product (GDP) in current prices reached 333,592.7 billion soums in the first quarter of 2025, marking a 6.8% increase compared to the same period in 2024 in real terms. This information was reported by the National Statistics Committee of Uzbekistan.

The GDP deflator index for January-March 2025 was 112.8% compared to the same period in 2024. The highest deflator index values were observed in sectors such as transportation and storage, information technology and communications (114.2%), industry (112.1%), agriculture, forestry, and fisheries (111.9%), and other services (111.9%). In contrast, the construction sector, trade, and services related to accommodation and food showed lower deflator indices, at 105.6% and 108.6%, respectively.

The economic growth rate was driven by positive dynamics in key sectors. In particular, the gross value added (GVA) generated by all sectors amounted to 95.9% of total GDP, increasing by 6.8%, which was the main contribution to GDP growth (6.6 percentage points). Net taxes on products accounted for 4.1% of GDP, showing a 7.2% increase, contributing an additional 0.2 percentage points to GDP growth.

Minor changes were observed in the sectoral structure of GDP in January-March 2025. The share of the services sector increased from 55.9% to 56.1%, while the share of industry rose from 27.8% to 27.9%. Conversely, the share of agriculture, forestry, and fisheries decreased from 9.7% to 9.5%, and the share of construction decreased from 6.6% to 6.5%.

In the first quarter of 2025, the gross value added in industry reached 89,119.9 billion soums, which was a 6.5% increase compared to the same period in 2024. The main contributors to this growth were manufacturing industries (growth of 8.7%) and water supply, sewage, waste collection, and disposal (growth of 2.7%).

In construction, the gross value added amounted to 20,865.3 billion soums, a 10.7% increase from the same period in 2024. Notably, construction activities related to the erection of buildings and structures increased by 8.3%, civil engineering works rose by 17.5%, and specialized construction works grew by 17.3%.

The services sector also showed positive dynamics in the first quarter of 2025, with a 7.0% increase in gross value added, totaling 179,383.7 billion soums. Among services, the most significant growth was seen in transportation and storage (up by 10.5%), information technology and communications (up by 22.5%), and services related to trade (up by 8.8%) and accommodation and food (up by 8.7%).

In trade, the largest share of gross value added was from retail trade (excluding motor vehicles), accounting for 55.6%. Wholesale trade accounted for 29.9%, and trade in motor vehicles and their repair accounted for 14.5%.

The transport and storage sector made up 6.6% of GDP. The largest portion in this sector was accounted for by road transport (55.2%), followed by pipeline transport (15.0%), rail transport (8.3%), auxiliary transport activities (14.4%), and air transport (7.1%).

In the first quarter of 2025, the share of information and communication technologies in the economy was 3.2%. Of this amount, 35.4% was from telecommunications services, 45.7% from computer programming, consulting, and related services, 10.0% from data hosting and processing services and web portals, 5.8% from software publishing, and 3.1% from repair services for computers and communication equipment.

Regarding the shadow economy and household activities, in the first quarter of 2025, their gross value added amounted to 106,817.6 billion soums, accounting for 32.0% of total GDP. Of this, 78,795.3 billion soums (23.6% of GDP) came from household and individual activities, and 28,022.4 billion soums (8.4% of GDP) was attributed to the shadow economy.

The structure of household and shadow economy activities by sector was as follows: agriculture, forestry, and fisheries — 84.1%, construction — 41.5%, services — 36.2%, and industry — 8.5%.