Overview of the main macroeconomic indicators of the Khorezm region for 2021

Overview of the main macroeconomic indicators of the Khorezm region for 2021

In 2021, the gross regional product of the Khorezm region increased by 9.2% compared to 2020 and reached 26.9 trillion soums.

The volume of gross regional product per capita of the Khorezm region was 14 million soums (6th place among the regions of the country).

In 2021, the volume of industrial output in the region accounted for 13.6 trillion soums, which is 17.4% more than in 2020.

Furthermore, agriculture rose by 4.0 percent in 2021 compared to 2020, with agricultural production totaling 20.5 trillion soums.

At the same time, high growth rates were observed in construction (32.2%), services (19.6%), retail trade turnover (11.0%) and consumer goods production (10.6%).

Fixed capital investments increased by 44.2 percent to 8.6 trillion soums, while imports fell by 4.6 percent in comparison to the previous year.

In 2021, 4914 small enterprises were created in the Khorezm region, which is 6.0% more than in 2020.

In 2021, Khorezm region's foreign trade turnover was approximately USD 516.7 million, an increase of 10.1% compared to 2020. The region’s exports amounted to $230.8 million and imports to $285.9 million, with a negative trade balance.

Yusup Jumabaev
Karakalpak branch of the Center for Economic Research and Reforms

Salamat Begmanov
Karakalpak branch of the Center for Economic Research and Reforms

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