Main Trends of Doing Business in Uzbekistan

Abstract

This article analyzes the possibilities and challenges of doing business in Uzbekistan through statistical indicators. While trends in business in Uzbekistan have been explored through the share of entrepreneurship in GDP, industry, employment, exports and imports, the World Bank's “Doing Business “rankings are also relevant. The Doing Business rating analyzes business conditions in the country through a number of indicators, such as business registration, construction permits, loans, tax and taxation, international trade, investor protection. This system of indicators not only provides conditions for entrepreneurship, but also determines the country's attractiveness for foreign investors. The main purpose of the research is to develop recommendations on how to address the challenges posed by the World Bank's Doing Business rating affecting the investment attractiveness of Uzbekistan.