Uzbekistan has shown serious progress in the global Index of economic complexity, improving its position by 25 points at once. This growth was the result of a consistent policy to diversify the economy, develop industrial production, and increase exports of high-value-added products.
As the Center for Economic Research and Reforms (CERR) of the Republic of Uzbekistan notes, the positive dynamics in the rating indicates structural changes in the country's economy, as well as an increase in the competitiveness of national products in world markets. Of particular importance is the expansion of the range of exported goods, including products of mechanical engineering, chemical industry, raw material processing and textile industry.
Uzbekistan's improved position in the Index of Economic Complexity reflects the Government's efforts to modernize production facilities, create a favorable business environment and actively attract investment, including in high-tech and knowledge-intensive sectors of the economy. The development of such areas contributes to strengthening the country's export potential and more sustainable economic growth.
Experts also note that the growth in the index opens up new opportunities for Uzbekistan to integrate into global value chains, attract partners in international cooperation and increase the country's role in the regional and global economy.
