Theory of economics

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Methods of calculating gross domestic product course work

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• including: GrossValueadded 256 716,4
• Agriculture, forestryandfisheries
• Trade, accommodation and food services
• Transportation and storage, information and communication
• Sectoral structure of GDP in January-September

2018
2019
GDP – total	290 161,9	361 858,4		105,7					5,7
including:
GrossValueadded	256 716,4	329 091,0		105,7					5,0
Agriculture, forestryandfisheries	80 331,3	92 186,7		102,4					0,6
Industry	65 351,2	96 227,9		107,0					1,6
Construction	16 677,7	22 561,0		119,3					1,1
Trade, accommodation and food services	19 496,9	23 094,3		104,1					0,3
Transportation and storage, information and communication	22 185,4	25 834,5		105,7					0,4
Otherservices	52 673,9	69 186,6		105,3					1,0
Nettaxesonproducts	33 445,5	32 767,4		105,6					0,7

Table 2⁷

In January-March 2019, the GDP of the Republic of Uzbekistan in current prices amounted to 91,097.7 billion soums and increased by 5.3% compared to January-March 2018. This is stated in the report of the State Statistics Committee for the first quarter. According to him, the GDP deflator index in January-March 2018 amounted to 120.4% compared to prices. The GDP per capita amounted to 2,734.4 thousand soums, which is 3.4% higher than the same period last year.⁸

The rate of economic growth is related to the positive dynamics observed in key sectors of the economy. Gross value added (GVA) in all sectors of the economy accounted for 88.7% of total GDP and grew by 5.2% (the impact on absolute GDP growth was 4.5 percentage points). The share of net taxes on products in GDP was 11.3% and increased by 5.8% (impact on absolute GDP growth was 0.8 percentage points). The services sector had the largest impact on GDP growth (2.0 percentage points), growing by 5.0% compared to the same period last year. Of these, trade services (including vehicle repairs) increased by 4.2%, accommodation and catering services by 3.7%, transportation and storage by 4.6%, information and communication by 2.7% and other services by 5, Increased by 7%.

Sectoral structure of GDP in January-September

(% oftotal)

2018



Picture 1 ⁹

2019



Picture2¹⁰
According to the results of January - September 2019, the largest share in the structure of gross value added of the manufacturing industry is accounted for by the metallurgical and metalworking industries (excluding machinery and equipment) - 34.8%. The share of food, beverage and tobacco products amounted to 14.8%, textiles, clothing, leather and related products - 13.8%, rubber, plastic products and other non-metallic mineral products - 10.5%, chemical products - 7.8%, vehicles, trailers, semi-trailers and other transportation equipment - 5.7%, electrical equipment - 2.5%, coke and oil products - 2.3% and other manufacturing products - 7.8%.

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