According to preliminary estimates, in January-March 2020, the volume of gross domestic product (GDP) of the Republic of Uzbekistan at current prices reached 110.51 trillion soums and, compared to the corresponding period of 2019, increased in real terms by 4.1%.

According to the State Statistics Committee of Uzbekistan, the GDP deflator index, in relation to the prices of January-March 2019, made up 114.1%.

According to the results of January-March 2020, in the structure of GDP produced, the gross value added of the production of goods reached 55.73 trillion soums, the services sector – 44.17 trillion soums, and net taxes on products – 10.61 trillion soums.

In January-March 2020, GDP growth slowed to 4.1% compared to 5.7% in January-March 2019 and 5.6% in January-March 2018. At the same time, there was a slowdown in the GDP deflator index to 114.1% after 121.3% in January-March 2019 and 136.7% in January-March 2018.

When calculated in US dollars at the average exchange rate for the period under review, the nominal GDP reached US$11.597 billion (for January-March 2019 - US$11.11 billion).

Compared to January-March 2019, imperceptible changes are observed in the sectoral structure of the economy. Thus, the share of agriculture, forestry and fisheries in the sectoral structure of GDP (GVA) increased from 14.4% to 14.8%, while the share of industry decreased from 34.5% to 34.4%, and the service sector - from 44.5% to 44.2%. The construction share remained at the level of JanuaryMarch 2019 and reached 6.6%.

Gross value added created by all sectors of the economy reached 90.4% of total GDP and grew by 4.0% (contribution to GDP growth - 3.6 percentage points). Net taxes on products in the structure of GDP reached 9.6% and showed an increase of 4.2% (contribution to GDP growth - 0.5 percentage points).

According to the results of January-March 2020, agriculture, forestry and fisheries showed a positive growth rate of 3.9%. The contribution of this industry to GDP growth reached 0.5 percentage points. The positive dynamics in agriculture, forestry and fisheries is due to an increase in crop production by 6.4% and livestock by 3.6%.

According to preliminary data, in January-March 2020, the volume of production in physical terms reached: vegetables – 62,600 tons (+11.3%); meat in live weight – 476,700 tons (+4.0%); milk – 1.77 million tons (+2.9%); eggs – 1.37 billion pcs (+5.2%).

In the industry, there is an increase in value added by 4.0%. At the same time, the contribution to GDP growth from industrial production reached 1.2 percentage points. The positive dynamics in this industry was achieved mainly due to an increase in the added value of the manufacturing industry by 8.9% (in January-March 2019 - by 7.5%, January-March 2018 - by 3.6%). The added value of the mining industry and quarrying showed a decrease in comparable prices by 11.9% after a significant increase in the previous two years (growth in January-March 2019 - by 5.3%, January-March 2018 - by 25.8%).

The share of manufacturing in the value-added structure of the entire industry increased to 71.1% compared to 69.2% in January-March 2019. Accordingly, there was a decrease in the share of mining and quarrying in the added value structure of the entire industry to 19.8% (in January-March 2019 - 22.3%).

According to the results of January-March 2020, the largest share in the structure of gross value added of the manufacturing industry fell on the metallurgical and metalworking industries (except for machinery and equipment) and reached 41.0%. The share of production of textiles, clothing, leather products and related products reached 13.6%, food, drinks and tobacco products - 11.9%, chemical products - 8.0%, rubber, plastic products and other non-metallic mineral products - 7.5%, motor vehicles, trailers, semi-trailers and other transport equipment - 6.5%, coke and oil products - 3.0%, electrical equipment - 2.8% and other manufacturing products - 5.7%.

According to preliminary data, in January-March 2020, the volume of industrial production by large enterprises in physical terms reached: coal – 1.05 million tons (+29.6%); oil – 172,000 tons (-1.5%);  natural gas – 13.07 billion cubic meters (-7.8%); condensed gas – 383.6 thousand tons (-5.1%); crushed stone – 217,300 tons (+6.1%); passenger car – 75 635 pcs. (+27.1%); truck – 1 014 pcs. (-23.4%); car engine – 64,600 pcs. (+33.2%); buses – 312 pcs. (-21.6%); tractors – 222 pcs. (2.2 times); portland cement – 1.79 million tons (-10.4%); diesel fuel – 254,500 tons (-4.8%); automobile gasoline – 282,700 tons (+15.5%); cotton yarn – 70,000 tons (+15.0%); tobacco goods – 2.51 billion pcs. (+0.1%); electricity – 16.8 billion kWh (-0.3%); thermal energy – 10.02 million Gcal (-0.6%).

Compared to January-March 2019, construction work increased by 6.5% and a positive contribution to the GDP growth from the construction industry reached 0.4 percentage points.

In January-March 2020, the volume of construction work reached 15.46 trillion soums. Of the total volume of construction work, large organizations account for 27.7%, small enterprises and micro-firms - 52.5%, individuals - 19.8%.

According to the results of January-March 2020, the gross value added of the services sector reached 44.17 trillion soums and, compared with the same period of 2019, increased by 3.8%, which led to a GDP growth of 1.5 percentage points. Including trade services (including repair of motor vehicles) increased by 3.9%, transportation and storage - by 2.7%, information and communication - by 17.7%, other services sectors - by 3.2%. Accommodation and food services showed a negative trend and decreased by 1.7%. In January-March 2020, the largest share in the structure of gross value added of trade (including repair of motor vehicles) was in retail trade (except for trade in motor vehicles) and reached 68.2% (67.5% in January-March 2019). The share of wholesale trade (except for trade in motor vehicles) reached 24.9% (in January-March 2019 - 26.0%), wholesale and retail trade in motor vehicles and their repair - 6.9% (in January-March 2019 - 6.5%).

In January-March 2020, the largest share in the structure of gross value added of the transportation and storage industry accounted for road transport - 53.3% (in January-March 2019 - 50.8%). Pipeline transport reached 17.4% (in January-March 2019 - 20.9%), railway transport - 13.3% (in January-March 2019 - 12.3%), supporting transport activities - 9.8% (in January-March 2019 - 10.6%), air transport - 6.2% (in January-March 2019 - 5.4%) of the total value added of this industry.

According to preliminary data, in January-March 2020, all types of transport transported 268.0 million tons of cargo, which reached 5.1% compared to January-March 2019. At the same time, freight turnover reached 16.8 billion tons-km, or 100.6% of the level of January-March 2019.

Cargo turnover by type of transport reached: railway – 5.5 billion tons-km (+2.1%); air – 0.02 billion ton-km (-5.4%); pipeline – 8.4 billion tons-km (-1.8%); road – 2.9 billion tons-km (+4.8%).

In January-March 2020, 1,368.2 million passengers were transported by all types of transport, which reached 103.2% of the level of January-March 2019.

At the same time, passenger turnover reached 31.0 billion passenger-km, or 100.6% of the level of January-March 2019. Passenger turnover by type of transport reached: railway – 0.9 billion passenger-km (92.3%); air – 2.0 billion passenger-km (82.4%); road – 27.9 billion passenger-km (102.5%); subway – 140.8 million passenger-km (106.0%).

In January-March 2020, the share of information and communication in the economy of the country reached 2.0% (in January-March 2019 - 1.9%). In the structure of value added in the information and communications industry, the main share fell on telecommunication services (wired and mobile communications services, the Internet, etc.) and reached 76.4% (76.5% in January-March 2019). The remaining 23.6% of the value added (in January-March 2019 - 23.5%) created in this industry falls on other areas (publishing, computer programming, program development and broadcasting, etc.). Summarizing, it can be noted that the largest contribution to GDP growth is made in the service sector (1.5 pp), despite its decrease compared to the same period of 2019 (2.1 pp). The industry also made a significant contribution to GDP growth, which in January-March 2020 reached 1.2 percentage points, while in the same period of 2019 this indicator was equal to 1.8 percentage points.

In such sectors of the economy as “Construction”, “Agriculture, forestry and fisheries”, the contribution to GDP growth is noted at the level of 0.4 p.p. (in January-March 2019 – 0.6 p.p.) and 0.5 p.p. (in January-March 2019 – 0.3 p.p.), respectively. Due to the increase in net taxes on products, a 0.5 pp increase in GDP was ensured. against 0.9 p.p. in January-March 2019.

According to the results of January-March 2020, small businesses created added value in the amount of 45 749.9 billion soums, or 45.8% of the total added value created in the economy. In the context of the main sectors of the economy, the share of small businesses in gross value added was 98.0% in agriculture, forestry and fisheries, 76.1% in construction, 39.6% in services, and 25.5% in industry.

In January-March 2020, 23.3 thousand new small enterprises and micro-firms were created in the republic (excluding dekhkan and farm enterprises). The largest number of small enterprises and micro-firms were created in the field of trade (39.9%), industry (18.6%), agriculture, forestry and fisheries (11.3%), construction (7.9%), accommodation and food services (7.4%), transportation and storage (2.8%).

In January-March 2020, the GDP deflator index reached 114.1% compared to prices of the same period of 2019. The highest values of deflator indices in the GDP structure were noted in agriculture, forestry and fisheries - 119.4%, industry - 116.0%, construction - 114.4% and other services - 119.8%. Deflator indices are lower than in the economy as a whole (114.1%) were observed in transportation and storage, information and communications - 106.1%, trade, accommodation and food services - 113.9%, net food taxes - 97.4%.