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Middle East and Central Asia > Uzbekistan, Republic of

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  • Type: Journal Issue x
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Cover Technical Assistance Reports
Republic of Uzbekistan: Technical Assistance Report-Report on National Accounts Mission (July 24–August 4, 2023)
International Monetary Fund. Statistics Dept.
A technical assistance mission assisted the Statistics Agency under the President of the Republic of Uzbekistan (SA) in conducting a major revision of national accounts time series. Based on the results of the 2023 survey on non-observed economy (NOE) in hotels, restaurants, and other services, the 2024 major revision increases the nominal GDP for 2017–2023 in the range of 10–12 percent. The mission reviewed the results of the 2024 major revision and provided recommendations for improvement before their publication. These improvements to data and methods will improve the understanding of the Uzbekistan economy, both for domestic policymaking and international surveillance.
Keywords:
National accounts; GDP; major revision; non-observed economy.; World Bank staff; TA recipient; steering committee of CCAMTAC; SUT data; SA staff; Consumption; Agricultural commodities; Household consumption; Economic classification
Cover IMF Staff Country Reports
Republic of Uzbekistan: Technical Assistance Report-National Accounts Statistics Mission
International Monetary Fund. Statistics Dept.
This technical assistance (TA) report on Republic of Uzbekistan focuses on details of National Accounts Statistics mission. Significant progress on national accounts made by The Statistics Agency under the President of the Republic of Uzbekistan (SA) in recent years has been reflected in the compilation of discrete quarterly gross domestic product (GDP) and the implementation of 2008 System of National Accounts (SNA), although there are some areas for further improvement. The mission noted that the quality of national accounts is highly dependent on the quality of data sources, and their improvement should be a priority for the SA. The mission reviewed the structure of gross value added at current prices and the share of each sector in GDP and identified sectors with underestimated levels of non-observed economy (NOE). The mission recommended that the SA conduct sector-specific NOE surveys in the relevant sectors. The mission also reviewed the compilation of supply and use tables and developed a plan for further improvement. The mission recommended that the SA apply sampling methods when planning each survey. High-quality questionnaires and representative sampling are important for sector specific surveys. The sampling of households should be stratified and should include all geographical regions of the country.
Keywords:
GDP; supply and use tables; non-observed economy; FISIM; 2008 SNA.; World Bank staff; SA staff; IMF executive directors; instrumentalities of the CD recipient; SUT framework; NOE estimate; Consumption; Household consumption; Global