This Selected Issues paper and Statistical Appendix analyzes developments in the domestic economy of Uzbekistan. The paper highlights that after declining by 17½ percent during 1992–94, real GDP fell by only about 1 percent in 1995. The moderation in the output decline was due in part to a strong performance in the agricultural sector. Agricultural output grew by about 2 percent in 1995, owing to increases in grain production, while activity in the industrial, construction, transport, communications, and trade sectors continued to decline.
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