Uzbekistan

Market Information

Capital
Tashkent
Languages
Uzbek, Russian, English 
Population (as of September, 2021)
34,038,405
Territory
448,978 km²
Currency
Uzbek sum (UZS)
GDP
$253 billion (2020)
GDP growth (2020)
1,6%
GDP structure
2020
agriculture, forestry and fisheries: increase from 28.0% to 28.2%
construction: from 6.6% to 7.0%
services: from 36.1% to 36.3%
industry: decrease from 29.3% to 28.5%
Key industries
сotton ginning
machine-building
textile
gas
non-ferrous metallurgy
electrical
radio-electronic
instrument-making
aviation
and oil refining
Leading exports
Russia: 13% 
China: 9.05% 
Turkey: 7.14% 
Kyrgyzstan: 5.68%
Kazakhstan: 5.3% 
Leading imports
2020
China: 22% 
Russia: 20%
Kazakhstan: 10.5% 
Korea: 9.68% 
Turkey: 5.37% 
Germany: 3.46% 
Lithuania: 2.35%
the Czech Republic: 2.28% 
India: 2.09% 
Turkmenistan: 1.98% 
Industrial Centre
Tashkent
Navoi
Namangan
Andijan
Fergana
Termez
Samarkand
Bukhara
Unemployment level
 10.5%
Corruption Perceptions Index
26 (2021)
Easy to do business with
69th place out of 190 (2020) 
Economic freedom
108th place 

Free trade zones

There are 22 FEZs (Free Economic Zones):
  • 12 industrial
  • 7 pharmaceutical
  • 1 agricultural 
  • and 1 touristic. 
Enterprises-participants of FEZ are exempt from payment:
  • land tax
  • income tax
  • tax on property of legal entities
  • tax on improvement and development of social infrastructure
  • single tax payment for microfirms and small enterprises and many customs payments.
Benefits in the FEZs are granted for a period from 3 to 10 years depending on the amount of investments made, including the equivalent (USD).

Uzbekistan

Tashkent

Sigma - Business Center, 71 Nukus Street, 100015, Tashkent, Uzbekistan

Tel.: +998 78 120 44 30
+998 90 187 77 22
tashkent@schneider-group.com

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