BAKU, Azerbaijan, July 7. Uzbekistan’s service
sector maintained sturdy momentum within the interval from January
via Might 2026, with the full quantity of market providers reaching
533.1 trillion soms ($44.5 billion).
This knowledge was mirrored within the assertion printed by the
Nationwide Statistics Committee of Uzbekistan.
In keeping with the Nationwide Committee on Statistics, this
represents an actual progress of 16.5% in comparison with the identical interval final
12 months.
”This can be a notable acceleration from the 13.3% progress recorded
within the interval from January via Might 2025, when the sector stood
at 434.4 trillion soms (roughly $36.2 billion).
The figures recommend that the service economic system stays one of many
key progress drivers of Uzbekistan’s broader financial exercise,
supported by city demand, enterprise enlargement, and rising family
consumption,” Nationwide Statistics says.
A big focus of providers stays in Tashkent,
which accounted for 41.1% of the nationwide whole, equal to
218.9 trillion soms (about $18.2 billion). The capital additionally posted
a powerful progress fee of 18.6%, underlining its dominant function because the
nation’s industrial and monetary heart.
Exterior Tashkent, the most important service volumes have been recorded in
the Samarkand Area (38.4 trillion soms- $3.2 billion), Tashkent
Area (36.2 trillion soms- $3 billion), and Fergana Area (34.8
trillion soms- $2.9 billion), reflecting sturdy regional
diversification.
By way of progress dynamics, the quickest enlargement was seen in
Navoi Area at 19.6%, adopted by Surxondaryo Area (17.1%). This
signifies growing service exercise past conventional financial
hubs.
Per capita service consumption additionally rose sharply to 13.9 million
soms (about $1 161), in comparison with 11.5 million soms (round $960) a
12 months earlier, exhibiting stronger buying energy and broader entry
to providers.
Small companies performed an important function, producing 296.4
trillion soms (roughly $24.7 billion), or 55.6% of all
providers. Their highest contribution was recorded within the Fergana
Area (75.1%), highlighting the rising significance of
entrepreneurship in regional financial growth.
Total, the info factors to a broad-based and more and more
decentralized enlargement of Uzbekistan’s service sector, though
the heavy reliance on Tashkent continues to mirror structural
imbalances within the economic system.
In keeping with Pattern’s evaluation, Uzbekistan’s service sector
continues to reveal sturdy resilience and broadening regional
enlargement, reinforcing its function as one of many nation’s most important
financial progress engines. The acceleration of actual progress from 13.3%
within the interval from January via Might 2025 to 16.5% in the identical
interval of 2026 indicators rising home demand, bettering enterprise
exercise, and larger diversification of providers throughout the
economic system. Whereas Tashkent stays dominant, accounting for 41.1% of
the full market quantity, stronger performances in areas reminiscent of
Navoi Area, Surxondaryo Area, and Fergana Area point out a
gradual decentralization of service-sector progress. The rise in
per capita providers to 13.9 million soms (about $1 161) additional
displays bettering client spending energy and wider entry to
industrial providers. On the identical time, the truth that 55.6% of all
providers have been generated by small companies highlights the important
function of entrepreneurship in sustaining financial momentum. The
figures additionally align with Uzbekistan’s broader macroeconomic
trajectory, the place providers have gotten more and more essential in
supporting GDP enlargement, employment creation, and structural
transformation because the nation advances market-oriented reforms.
