Mineral extraction in Uzbekistan reached 50.2 trillion sums
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Mineral extraction in Uzbekistan reached 50.2 trillion sums

According to data from the National Statistical Committee, Uzbekistan's industrial production from January to July 2026 amounted to 795.4 trillion sums. The share of mineral extraction and quarrying reached 50.2 trillion sums.

Manufacturing accounted for the largest share of the total industrial output. Enterprises in this sector produced goods worth 690.7 trillion sums in the first seven months of the year, which is 86.8% of the total volume of industrial production.

Mineral extraction and quarrying provided 50.2 trillion sums, corresponding to 6.3% of the total amount. The electricity, gas supply, steam, and air conditioning equipment sector generated 50.4 trillion sums, accounting for 6.4% of the total volume.

The remaining 4.1 trillion sums, or 0.5% of the total industrial output, came from water supply, sewerage, and waste collection and disposal.

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Uzbekistan allocated 1.7 trillion soum for research and development in 2025
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Uzbekistan allocated 1.7 trillion soum for research and development in 2025

According to data from the National Statistical Committee of the Republic of Uzbekistan, in 2025, Uzbekistan allocated funds for research activities amounting to 1,680.6 billion soum, which is equivalent to approximately 1.7 trillion soum.

Funding for research and development increased by 106.5 billion soum compared to 2024 figures, demonstrating a growth of 6.8%.

Furthermore, the number of specialists employed in the field of research and development increased during this year. In 2025, the total number of such specialists reached 43,100 people.

This figure rose by 9,500 people, representing an increase of 28.3% relative to 2024. Among researchers, women accounted for 17,400 people, or 40.4%, while men numbered 25,700, corresponding to 59.6% of all researchers.

Thus, the increase in sector funding in 2025 was accompanied by a rise in the number of specialists involved in research and development activities.

Deposits in Uzbekistan's banking system grew by 34%, reaching 482 trillion soms
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Deposits in Uzbekistan's banking system grew by 34%, reaching 482 trillion soms

According to data from the Central Bank of Uzbekistan, as of August 1, 2026, deposits in Uzbekistan's banking system reached 482.7 trillion soms. This figure demonstrates a growth of 34%, exceeding an increase of 122 trillion soms compared to 360.4 trillion soms registered a year earlier.

Deposits showed the highest growth rate among the main indicators of the banking system for the reporting period. The structure of term deposits also changed: short-term deposits with a term of up to one year increased from 120.5 trillion to 175.7 trillion soms, expanding their share in the total volume from 33% to 36%.

At the same time, the volume of current deposits increased from 106.8 trillion to 142 trillion soms, although their share slightly decreased from 30% to 29%. Long-term deposits with a term of more than one year increased in volume from 133 trillion to 164.9 trillion soms, while their share decreased from 37% to 34%.

The total assets of the banking system grew by 19%, reaching 1,016.6 trillion soms compared to 852.4 trillion soms recorded a year earlier. Lending to the economy by banks increased by 12%, rising from 576.2 trillion to 644.6 trillion soms, corresponding to an annual increase in distribution of almost 68.4 trillion soms.

Furthermore, the total capital of the banking system expanded by 19%, increasing from 127 trillion to 150.6 trillion soms. The Central Bank notes that deposit growth continues to outpace the pace of credit expansion, thereby strengthening the internal financing base for the country's banking system.

Uzbekistan's services market reached 802.5 trillion soums by mid-2026
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Uzbekistan's services market reached 802.5 trillion soums by mid-2026

According to data from the National Statistical Committee of Uzbekistan, the volume of market services provided in the country reached 802,461.9 billion soums at current prices for the period from January to July 2026. This represents a real growth of 16.7% compared to the same period last year.

Preliminary data shows that in January-July 2025, the service volume was 651,676.9 billion soums, which is 13.5% more than in the same period of 2024. The main driver of growth this year was trade services, which increased by 15.2% and contributed 3.9 percentage points.

Other sectors contributing to the growth include financial services (growth of 24.5% and contribution of 3.6 pp.), accommodation and catering services (growth of 15% and contribution of 2.8 pp.), and transport services, which grew by 14.3% and added 2.3 percentage points.

Service Distribution by Region

In January-July 2026, Tashkent accounted for 41.4% of the total national market services volume, amounting to 332,240.5 billion soums with a real growth rate of 117.4%. Among the regions, Samarkand region recorded the largest service volume (56,487.5 billion soums, or 7% of the national total), Tashkent region (53,785.5 billion soums, or 6.7%), and Fergana region (52,295.3 billion soums, or 6.5%).

Excluding the capital, the highest real growth rates were observed in Syrdarya region (118.7%) and Navoi region (118.5%).

Services per Capita Level

The average volume of market services per capita across the country was 20,909.4 thousand soums, higher than the figure of 17,285.2 thousand soums the previous year, demonstrating a real growth of 114.6%. Tashkent showed the highest per capita indicator—103,981.1 thousand soums, exceeding the level for January-July 2025 by 18,737.7 thousand soums. The lowest indicator was registered in Surkhandarya region, which amounted to 8,267.1 thousand soums.

Small Business Contribution

Small businesses provided 451,972.6 billion soums in market services during the reporting period, accounting for 56.3% of the total volume, with a real growth of 117.9%. The largest share of small businesses in the services sector was recorded in Fergana region (76.2%) and Andijan region (74.9%). In Tashkent, despite a relatively low share of small businesses (41.9%), this sector provided the largest volume of services in the country—139,236.5 billion soums.

Market Services Structure

In terms of economic activity, the structure of market services is distributed as follows: trade services account for 25.2%, followed by accommodation and catering services (18.7%), financial services (15.7%), transport services (15.1%), communication and information technology services (7.7%), and educational services (3.4%).

Trade services grew by 35,065.9 billion soums at current prices in January-July 2026, reaching 202,007.3 billion soums. Retail trade accounted for the largest share in this category—41.4%. Accommodation and catering services increased by 29,478.2 billion soums, reaching 149,719.2 billion soums, with 96.6% of this volume generated by public catering services.

The volume of transport services reached 121,451.6 billion soums, with road transport making up 52.4% of this amount, or 63,691.9 billion soums. Financial services increased by 30,596.1 billion soums, reaching 125,805.6 billion soums, with a growth rate of 124.5%. Communication and information technology services reached 61,647 billion soums, where computer programming accounted for the largest share—48.5%. Educational services amounted to 27,241.3 billion soums, with higher education providing 41.2% of this volume. Medical services reached 13,865.1 billion soums.

The National Statistical Committee clarified that the presented data are preliminary and may be adjusted in subsequent publications. Furthermore, starting from data for January-March 2026, the methodology for calculating the volume of trade services was changed in accordance with the recommendations of international experts to account for changes in inventories of goods intended for resale.

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