Share of enterprises in Uzbekistan’s service sector is 65.8%
BAKU, Azerbaijan, Dec. 21
By Fakhri Vakilov-Trend:
As of December 1, 2019, the total number of operating enterprises and organizations in Uzbekistan reached 395,900 units, Trend reports citing Uzbek media.
In total, 260,200 units were involved in the service sector; compared to the same period in 2018, their amount increased by 22.7 percent.
As of December 1, 2019, the share of enterprises and organizations operating in the service sector amounted to 65.8 percent.
Over the period under review, the share of enterprises and organizations engaged in industry reached 17.8 percent, construction - 9.1 percent, and only 7.3 percent of them operate in agriculture, forestry and fisheries.
From January through November 2019, in the structure of existing enterprises and organizations related to the service sector, their share is predominantly engaged in trading activities (38.3 percent).
The number of functioning enterprises and organizations providing accommodation and food services is 9.8 percent.
The proportion of enterprises and organizations providing transportation and storage services reached 5.9 percent.
The share of functioning enterprises and organizations involved in information activities and providing communication services is 3 percent.
The proportion of existing enterprises and organizations providing health and social services amounted to 3 percent.
From January through November 2019, the number of newly created enterprises and organizations in the service sector (56,500 units) increased by 27,000 units compared to the corresponding period of the previous year.
At the same time, an increase is observed among enterprises and organizations operating in the provision of accommodation and food services. Their number increased by 3,100 units and amounted to 6,700 units.
On the other hand, there is a decrease in enterprises and organizations engaged in other activities. Their number decreased by 300 units and was fixed at 10,600 units.
In addition, there has been an increase in newly created enterprises and organizations providing other types of services. Their number increased by 794 units.
Over the period under review, an increase in the number of newly created enterprises and organizations operating in the field of accommodation and food services was recorded - by 660 units.
In the total number of enterprises and organizations providing services, small businesses took 76.2 percent.
As of December 1, 2019, the share of large organizations amounted to 23.8 percent.
In the total number of operating small enterprises, the share of people employed in the service sector reached 59.6 percent.
According to preliminary data, the volume of market services provided from January through November 2019 reached $18.1 billion, the nominal volume of which increased by $3.6 billion.
Compared with the same period last year, the growth amounted to 12.2 percent.
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