Agriculture
Key Sector Stats
Agriculture remains a foundational pillar of Uzbekistan’s economy, particularly in rural areas, where nearly 49% of the population resides as of 2024. The sector contributes approximately 19.2% to national GDP and accounts for 5.8% of total export revenues, underscoring its importance to both economic activity and food security.
The Government of Uzbekistan has launched the Strategy for Agricultural Development 2020-2030 To support these objectives, the sector benefits from arange of targeted fiscal incentives. Enterprises deriving at least 90% of income from crop production are eligible for a 0% corporate income tax (CIT) rate. Additional exemptions apply to property, land, water, and excisetaxes. Furthermore, the establishment of two agricultural free economic zones (FEZs)—in Bukhara and the Republic of Karakalpakstan—provides preferentialregimes to attract investment in agribusiness and agro-processing.
The strategy for the development of agriculture
Key reforms and indicators - 9 strategic priorities
Ensuring food security of population of the Republic of Uzbekistan
Rational use of natural resources and environmental protection
Development of a system of agricultural science, education, information and consulting services
Creating a favourable agribusiness climate and value chains
The development of modern public administration systems
Rural development
Reducing the role of the state and increasing investment attractiveness
Diversification of government spending in support of the sector
Development of a reliable system of industry statistics