Uzbekistan
Main macroeconomic figures of Uzbekistan for 2010
The volume of gross regional product (GDP) of Uzbekistan made up 61.831 trillion soums in 2010, or grew by 8.5% year-on-year, the State Statistics Committee of Uzbekistan said.
The growth of industrial output reached 8.3% in 2010 to 33.581 trillion soums. In the reporting period, Uzbekistan produced consumer goods for 11.263 trillion soums. The growth rate made up 12%.
Agriculture production grew by 6.8% to 15.81 trillion soums in 2010. Investments into fixed capital made up 15.409 trillion soums or rose by 9.2% year-on-year.
Retail trade turnover of Uzbekistan comprised 21.449 trillion soums in 2010 or increased by 14.7% year-on-year.
The volume of paid services, rendered to population of Uzbekistan in the reporting period, reached 7.92 trillion soums or grew by 13.4%.
Foreign trade turnover of Uzbekistan grew by 3% year-on-year to US$21.842 billion. At the same time, exports of Uzbekistan rose by 10.8% to US$13.044 billion. Imports decreased by 6.8% to US$8.798 billion.
In the reporting period, Uzbekistan transported 1.173 billion tonnes of cargo (+9.9%) and 6.045 billion people (+6.2%).
Kazakhstan
The economic results of the year
The main parameters of economic development improved significantly compared to last year results. GDP growth for January-September amounted to 7,5%. Short-term economic indicator in January-November 2010 increased by 7,2%. Industrial production for 11 months increased by 10,5%.
The rate of inflation, compared to January-November 2009 decreased slightly and amounted to 7,1%, stated by Kazinform. Among the main external factors that contribute to economic growth this year, we can note a general revival of world trade and the demand for Kazakhstan's exports recovery.
During January-October of 2010 foreign trade turnover increased by 43,1% compared to the same period last year, exports during this period increased by 52,6%.
Intrinsic factor, resulting in a high growth economy, was the recovery in domestic demand. The increase in domestic demand was due to the growth of final consumption, which in the first half rose by 4,3%, including household consumption - by 4.9%.
In January-November 2010 retail turnover increased by 12,4% compared to the same period last year. An important factor influencing the growth of trade is an increase of demand caused by raising real incomes and wages.
It should be noted that this year marked increase in investment by enterprises' own funds, which amounted to 45,2% of total investment in fixed assets. Total investments slightly decreased.
