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Uzbekistan shares data on market services

Business Materials 24 August 2021 10:40 (UTC +04:00)
Uzbekistan shares data on market services

Baku, Azerbaijan, Aug. 24

By Fakhri Vakilov-Trend:

According to preliminary data, the volume of market services provided in Uzbekistan in January-July 2021 reached $14.1 billion, and the nominal volume increased by $3.3 billion, Trend reports referring to the State Statistics Committee of Uzbekistan.

In comparison with January-July 2020, the growth rate was 20.5 percent.

Compared to January 2021, the volume of market services provided in July of the same year increased by $235.1 million and reached $2.1 billion.

Compared to June 2021, the volume of services in July 2021 decreased by $37.6 million.

In the structure of provided market services by type of economic activity, trade services account for the largest share. In January-July 2021, their share was 25 percent. At the same time, high rates were noted for transport (23.9 percent), financial services (22.3 percent), as well as communication and information services (5.8 percent).

In January-July 2021, high growth was achieved in education (45.5 percent), rental and rental services (33.8 percent), healthcare (33.5 percent), real estate (28.9 percent), computer repair (28.7 percent), financial services (28.2 percent), individual services (22.3 percent), as well as communication and information services (20.3 percent).

In particular, the high growth was achieved due to the restoration of the activities of enterprises and organizations, as well as the relaxation of restrictions imposed in order to prevent the spread of coronavirus infection (COVID-19). A slight increase in the volume of market services provided was recorded for trade services (by 11.5 percent).

The share of transport services in the total volume of provided market services remains dominant - 23.9 percent.

The share of road transport in January-July 2021 of the total volume of transport services amounted to 52.9 percent.

In January-July 2021, the share of passenger road transport services reached 62.7 percent.

In addition, the share of trade services in the total volume of market services provided amounted to 25 percent, which corresponds to $3.5 million.

Over the past period of 2021, the share of retail trade amounted to almost three-quarters of the total volume of trade services, or, more precisely, 66.9 percent.

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