Country Analysis: Uzbekistan

About the Country

 Uzbekistan, officially the Republic of Uzbekistan, is a

country in Central Asia with a population of 33.4 million
 As a sovereign state, Uzbekistan is a secular, unitary
constitutional republic. It comprises 12 provinces
(vilayats) and one autonomous republic, Karakalpakstan.
 It has GDP 53 USD billion and per capita GDP is $2300
Understanding Country’s Economic Condition

 Resources:
 Minerals and mining also are important to Uzbekistan's economy. Gold, alongside cotton, is a major
foreign exchange earner, unofficially estimated at around 20% of total exports
 Uzbekistan is the world's seventh-largest gold producer, mining about 80 tons per year, and holds the
fourth-largest reserves in the world
 Uzbekistan has an abundance of natural gas, used both for domestic consumption and export; oil used
for domestic consumption; and significant reserves of copper, lead, zinc, tungsten, and uranium
Corruption Index

 The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is
perceived to be. A country or territory's rank indicates its position relative to the other countries and
territories in the index
 Corruption in Uzbekistan is a serious problem. There are laws in place to prevent corruption, but the
enforcement is very weak. Low prosecution rates of corrupt officials is another contributing factor to the
rampant corruption in Uzbekistan. It is not a criminal offence for a non-public official to influence the
discretion of a public official
 The judicial system faces severe functional deficits due to limited resources and corruption
 In Uzbekistan, corruption is present at virtually every level of society, business, and government. It is also
one of the world's most corrupt countries, and among the contributory factors is its possessing the second
largest economy in Central Asia, its large reserves of natural gas, and its geographical position between the
rival powers of the so-called Cold War II
 Corruption Index is 25 and the rank is 153 among 180 least corrupt nations
 Political Stability and Absence of
Violence/Terrorism

 Political Stability and Absence of Violence/Terrorism

captures perceptions of the likelihood that the government
will be destabilized or overthrown by unconstitutional or
violent means, including politically-motivated violence and
terrorism
 Political Stability and Absence of Violence/Terrorism:
Estimate in Uzbekistan was reported at --0.34373 in 2016,
according to the World Bank collection of development
indicators, compiled from officially recognized sources.
Uzbekistan - Political Stability and Absence of
Violence/Terrorism: Estimate - actual values, historical data,
forecasts and projections were sourced from the World
Bank on July of 2020
 Human Development Index

 The Human Development Index (HDI) is a statistic

composite index of life expectancy, education (Literacy Rate,
Gross Enrollment Ratio at different levels and Net Attendance
Ratio) , and per capita income indicators, which are used to rank
countries into four tiers of human development
 Uzbekistan's HDI value for 2018 is 0.710— which put the
country in the high human development category— positioning
it at 108 out of 189 countries and territories. The rank is shared
with Turkmenistan. Between 2000 and 2018, Uzbekistan's HDI
value increased from 0.596 to 0.710, an increase of 19.2 percent
Trading at Uzbekistan

Imports
 Uzbekistan’s main imports are machines and equipment,
chemical products, food and metals
 Its largest sources of imports are China, Russia, South
Korea, and Kazakhstan
 Imports in Uzbekistan increased to 17968.80 USD
Million in the third quarter of 2019 from 11245.60 USD
Million in the second quarter of 2019
Exports
 The leading exports from Uzbekistan consist largely of
extracted natural resources or raw materials—cotton, natural
gas, oil, coal, silk, fruit, and Karakul pelts
 Some fresh produce reaches Moscow and other northern
markets. Manufactured goods such as machines, cement,
textiles, and fertilizer are also exported
 Its main export destinations are Switzerland, China, Turkey, and
Kazakhstan
 Exports in Uzbekistan increased to 13677 USD Million in the
third quarter of 2019 from 8437.60 USD Million in the second
quarter of 2019.
Global Competitiveness Index

 The Global Competitiveness Index (GCI) of the World Economic Forum (WEF) assesses the economic
potential, as well as the ability of the state to provide a certain standard of living for citizens. The indicator,
in turn, demonstrates the degree of efficiency in the use of available resources by the state
 Currently, Uzbekistan is not included in GCI but it is expected that the country will join the GCI from 2021
Thank you!
Yash Bhatia
133119
IMG-13