Country Report Uzbekistan June 2011

Data and charts: Annual data and forecast

	2006a	2007a	2008b	2009b	2010b	2011c	2012c
GDP
Nominal GDP (US$ m)	17,022	22,298	27,899a	32,792a	38,956a	45,357	52,337
Nominal GDP (Som bn)	20,759	28,186	36,839a	48,097a	61,831a	77,871	96,535
Real GDP growth (%)	7.3	9.5	9.0a	8.1a	8.5a	8.6	8.7
Origin of GDP (% real change)
Agriculture	6.2b	6.1b	4.5	5.7	6.8	6.7	7.0
Industry	10.8b	12.1b	12.7	9.0	8.3	6.9	7.5
Services	6.0b	11.0b	10.5	9.6	10.1	11.3	11.0
Population and income
Population (m)	26.5	26.9	27.5a	28.0a	28.5a	29.0	29.7
GDP per head (US$ at PPP)	2,156b	2,396b	2,604	2,794	3,009	3,265	3,557
Fiscal indicators (% of GDP)
Public-sector revenue	31.4	31.7	31.8	32.1	32.6	32.9	33.3
Public-sector expenditure	30.9	30.2	30.3	31.9	32.3	33.1	33.6
Public-sector balanced	3.8e	2.7e	1.5a	0.2a	0.3a	-0.2	-0.3
Net public debt	21.3	15.7	9.8	9.0	7.5	7.0	6.4
Prices and financial indicators
Exchange rate Som:US$ (end-period)	1,238	1,288	1,383a	1,510a	1,638a	1,785	1,896
Exchange rate Som:€ (end-period)	1,634	1,881	1,922a	2,164a	2,224a	2,347	2,313
Consumer pricesf (end-period; %)	11.4	11.9	13.7	10.6	16.0	17.3	14.0
Stock of money M1 (% change)	36.5b	44.9b	28.4	29.1	32.1	33.8	30.2
Stock of money M2 (% change)	36.8b	46.1b	31.8	31.4	33.7	34.8	32.5
Refinancing rate (%; end-period)	14.0	14.0	14.0a	14.0a	14.0a	12.0	12.0
Current account (US$ m)
Trade balance	1,774	1,692	1,021	1,712	3,980	5,350	4,360
Goods: exports fob	5,615	8,029	10,298	10,735	12,010	13,540	12,760
Goods: imports fob	-3,841	-6,338	-9,277	-9,023	-8,030	-8,190	-8,400
Services balance	-53	572	768	621	525	550	500
Income balance	35	112	223	162	188	214	209
Current transfers balance	1,171	1,951	2,038	1,050	1,150	1,340	1,200
Current-account balance	2,927	4,326	4,050	3,545	5,843	7,454	6,269
External debt (US$ m)
Debt stock	4,032	3,931	3,995a	3,843	3,884	3,951	4,084
Debt service paid	851	760	699a	708	667	684	721
Principal repayments	677	580	562a	570	535	548	580
Interest	174	180	137a	138	132	136	141
Debt service due	851	760	699a	708	667	684	721
International reserves (US$ m)
Total international reserves	4,459	7,413	10,150	9,000	9,800	10,000	10,200
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. d Data do not sum in source. e Large statistical discrepancy in source data. f The data are based on the IMF's inflation measure.
Source: IMF, International Financial Statistics.

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