OREANDA-NEWS. October 21, 2011. Gross domestic product (GDP) of Uzbekistan grew by 8.2% in January-September 2011, the session of the Cabinet of Ministers, dedicated to the social-economic development of Uzbekistan for nine months of 2011, said.

In January-September 2011, the growth of industrial goods production made up 7% and agriculture output – 6.8%.

State budget was executed with 0.4% surplus to the GDP of Uzbekistan. The inflation level did not exceed forecasted volume.

Support and stimulation of exporters, active search of new markets, and diversification of export structure helped to increase export volume by 21.4%. The country recorded significant foreign trade turnover surplus.

In January-September, Uzbekistan commissioned 828 production enterprises in food, light, chemistry, machinery, construction and other industries.

Active implementation of investment projects allowed to increase used investments by 8% and the country attracted foreign investments for over US.3 billion.

In the reporting period, the volume of produced consumer goods grew by 11.4%, retail trade turnover – 16.2% and paid services to population – 14.2%.

In nine months, Uzbekistan laid asphaltic concrete pavement at 234.8 km of roads of international and state purpose. In January-September, Uzbekistan commissioned 5,966 individual houses on standard projects, as well as commissioned 2,194.2 km of water supply network, including 1,934 km in rural areas.

Aggregate capital of commercial banks grew by 1.3 times year-on-year in nine months of 2011. The volume of deposits of population and legal entities rose 1.5 times. The growth of resource base helped to increase crediting of real sector by 35.6%.

Adopted measures in Uzbekistan allowed to increase share of small businesses in GDP from 48.5% to 50.5% in the reporting period. The volume of industrial production in small businesses reached 26.5% and export of products – 1.6 times.