AGRICULTURE AND ITS PLACE IN ECONOMIC DEVELOPMENT OF UZBEKISTAN

Abstract

Based on the share of agriculture in GDP in Uzbekistan, the country can be allocated to a group of countries with a transitional type of economy that proceeds from agriculture to urbanization. At the same time specific local features exist. In Uzbekistan, about 65% of the population live in rural areas and currently about 3 million people are employed in agriculture. Although the trend shows a decline in the share of agriculture in gross domestic product, the number of people employed in agriculture has comparably slowly reduced. Agriculture's share of investment is only about 3-4% of the total amount of a fixed capital.

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DOI

10.12955/cbup.v1.12

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