{"id":20112,"date":"2026-05-03T20:12:30","date_gmt":"2026-05-03T15:12:30","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/small-business-accounted-for-45-6-of-uzbekistans-gdp-at-the-beginning-of-2026\/"},"modified":"2026-05-03T20:12:30","modified_gmt":"2026-05-03T15:12:30","slug":"small-business-accounted-for-45-6-of-uzbekistans-gdp-at-the-beginning-of-2026","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/small-business-accounted-for-45-6-of-uzbekistans-gdp-at-the-beginning-of-2026\/","title":{"rendered":"Small business accounted for 45.6% of Uzbekistan\u2019s GDP at the beginning of 2026"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>Small business remains one of the key pillars of Uzbekistan\u2019s economy, accounting for nearly half of the country\u2019s GDP and a significant share of investment, trade, and services. Growth indicators at the beginning of 2026 show that the sector continues to maintain strong activity across several areas at once \u2014 from construction and industry to exports and transport. At the same time, the statistics point to the growing role of small entrepreneurship in the regions, where small companies, sole proprietors, and dehkan farms make up the bulk of business activity.  <\/p>\n<h3>What happened<\/h3>\n<ul>\n<li>The National Statistics Committee published the main indicators of small business entities in Uzbekistan for January\u2013March 2026.<\/li>\n<li>As of April 1, more than 1.2 million small business entities were operating in the country, while the volume of goods and services produced by them continued to grow across most sectors of the economy.<\/li>\n<li>In the first quarter, small business accounted for 45.6% of the country\u2019s GDP, more than half of services and investment, as well as a significant share of retail trade, construction, and agriculture.<\/li>\n<li>At the same time, the volumes of industrial production, exports, imports, and transport services among small business entities also increased.<\/li>\n<\/ul>\n<h3>Numbers and facts<\/h3>\n<ul>\n<li>As of April 1, 2026, 1.208 million small business entities were operating in Uzbekistan.<\/li>\n<li>Of these, 507,100 were small enterprises and microfirms, 347,700 were sole proprietors, and 353,500 were dehkan farms.<\/li>\n<li>The largest number of small business entities was recorded in Tashkent \u2014 151,900, Samarkand region \u2014 123,500, Andijan region \u2014 113,300, and Fergana region \u2014 112,700.<\/li>\n<li>The highest number of small business entities per 1,000 residents was recorded in Tashkent \u2014 47.7.<\/li>\n<li>It was followed by Khorezm region \u2014 45.3, Syrdarya region \u2014 39.7, and Navoi region \u2014 37.7. The national average stood at 31.5 entities per 1,000 residents. <\/li>\n<li>In January\u2013March 2026, 22,200 new small enterprises and microfirms were established in the country, excluding farming and dehkan households.<\/li>\n<li>The largest number of new companies appeared in trade \u2014 8,102, agriculture, forestry, and fisheries \u2014 2,956, industry \u2014 2,610, and accommodation and food services \u2014 1,942.<\/li>\n<li>The volume of small business in GDP reached 194.8 trillion soums compared with 163.6 trillion soums a year earlier.<\/li>\n<li>Over five years, the figure more than doubled \u2014 from 83 trillion soums in 2022 to nearly 195 trillion soums in 2026.<\/li>\n<li>The highest share of small business in GDP by sector was recorded in agriculture, forestry, and fisheries \u2014 94.6%, construction \u2014 77%, services \u2014 47.1%, and industry \u2014 21.8%.<\/li>\n<li>In January\u2013March, small business produced 79.7 trillion soums worth of industrial output. Compared with the same period in 2025, the growth rate reached 118.2%. <\/li>\n<li>For comparison, the figure stood at 24.6 trillion soums in 2022, 37.2 trillion soums in 2023, 48.4 trillion soums in 2024, and 64 trillion soums in 2025.<\/li>\n<li>The volume of construction work carried out by small business entities reached 48 trillion soums compared with 42.2 trillion soums a year earlier.<\/li>\n<li>The sector\u2019s share in total construction volume amounted to 75.1%, while the growth rate reached 108.6%. In 2022, the figure stood at 18.5 trillion soums. <\/li>\n<li>Small business investment in fixed capital amounted to 105.1 trillion soums, which corresponds to 67.2% of the country\u2019s total investment volume.<\/li>\n<li>The growth rate reached 146.9%. Over five years, the figure more than tripled \u2014 from 30.3 trillion soums in 2022 to 105.1 trillion soums in 2026. <\/li>\n<li>The volume of agricultural, forestry, and fishery output produced by small business entities reached 60 trillion soums.<\/li>\n<li>The share of small business in the sector amounted to 94.7%, while the growth rate reached 103.8%. In 2022, the figure stood at 32.5 trillion soums. <\/li>\n<li>Small business retail turnover amounted to 102.8 trillion soums compared with 74.5 trillion soums a year earlier. The growth rate reached 124.9%, while the sector\u2019s share in total retail trade amounted to 83%. <\/li>\n<li>The volume of services provided by small business entities increased to 168.1 trillion soums. For comparison, the figure stood at 39 trillion soums in 2022, 50.1 trillion soums in 2023, 94.6 trillion soums in 2024, and 136.9 trillion soums in 2025. The growth rate in 2026 reached 116.5%. <\/li>\n<li>Exports by small business entities reached $2.88 billion compared with $2.1 billion a year earlier.<\/li>\n<li>The share of small business in total exports amounted to 49.6%. Over five years, the figure more than tripled \u2014 from $0.9 billion in 2022. <\/li>\n<li>Small business imports increased to $6.6 billion compared with $4.4 billion in 2025. This accounted for 54.2% of the country\u2019s total imports. In 2022, the figure stood at $3.6 billion.  <\/li>\n<li>In the transport sector, the share of small business in road freight transportation amounted to 54.7%, in freight turnover \u2014 75.6%, in passenger transportation \u2014 90.2%, and in passenger turnover \u2014 94.8%.<\/li>\n<\/ul>\n<h3>Context<\/h3>\n<ul>\n<li>The statistics show that Uzbekistan\u2019s economic growth is becoming increasingly dependent on small business activity, especially in construction, trade, services, and agriculture.<\/li>\n<li>For the regions, this means a further expansion of the role of small enterprises and sole proprietors as the main sources of employment and local investment.<\/li>\n<li>High growth rates in investment and industrial production also indicate the gradual expansion of business beyond trade and services.<\/li>\n<li>At the same time, nearly half of exports and more than half of imports coming from small business indicate its growing role in the country\u2019s foreign economic activity.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The number of small business entities exceeded 1.2 million, while the sector\u2019s investment volume reached 105 trillion soums.<\/p>\n","protected":false},"author":7,"featured_media":16573,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/05\/69f78d89849d4.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":16573,"YlB8HH34jIzY":"Small business accounted for 45.6% of Uzbekistan\u2019s GDP at the beginning of 2026"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2118,3008,2291,2153],"class_list":["post-20112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-economics","tag-entrepreneurship","tag-gdp","tag-statistics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small business accounted for 45.6% of Uzbekistan\u2019s GDP at the beginning of 2026 &#8212; 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