The Role of The Service Sector in The Socio-Economic Development of The Republic of Uzbekistan

Аннотация

This article is dedicated to the development of the service sector in the Republic of Uzbekistan in recent years. The article analyzes the country’s service sector, its key industries (trade, tourism, transport, finance), and their contribution to economic growth. It also examines the impact of state-reforms and political and economic stability on the service sector. The article presents the growth rate of Uzbekistan's service sector, its contribution to the national economy, and the prospects for future development, as well as strategies for the sector’s advancement. Keywords: Republic of Uzbekistan, economy, recent years, rapid development, service sector, economic growth, international economic competitiveness, trade, tourism, transport, finance, state reforms, political stability, analysis. Introduction: The economy of the Republic of METHODOLOGY Uzbekistan has been rapidly developing in recent years, In the research process, a systematic approach, and an inseparable part of this process is the expansion comprehensive assessment, comparative and of the service sector. The service sector not only comparative analysis, as well as statistical and dynamic contributes to the country’s economic growth but also approaches were used to analyze the organizational plays a vital role in enhancing international economic and legal foundations and economic mechanisms of the competitiveness. Uzbekistan’s service sector has development of the service sector. These methods achieved significant growth across various industries, facilitated the study of processes and provided a including trade, tourism, transport, and finance. The deeper understanding of the sector’s growth. reforms implemented by the government, along with