AGRICULTURE AND ITS PLACE IN ECONOMIC DEVELOPMENT OF UZBEKISTAN
Dilorom Tadjibaeva
Abstract
Dilorom Tadjibaeva
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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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.
Key concepts: Agriculture, Urbanization, Gross domestic product, Investment (military), Population, Agricultural economics, Capital (architecture), Rural area