Assessing the Contribution of Tourism to Uzbekistan’s Economic Growth: Analysis of Influencing Factors

Authors

DOI:

https://doi.org/10.36690/2674-5208-2025-4-16

Keywords:

tourism, economic growth, GDP, domestic tourists, foreign tourists, hotel infrastructure, tourism export, employment, factor analysis

Abstract

Tourism has emerged as one of the key engines of sustainable global economic development, contributing significantly to national competitiveness, employment creation, and balanced regional growth. In many developing and transition economies, the tourism sector plays an increasingly strategic role in diversifying economic activities, enhancing service quality, and attracting foreign investment. Against this backdrop, this article provides a systematic and comprehensive examination of the contribution of tourism to Uzbekistan’s economic expansion, with particular attention to the core determinants shaping the sector’s performance and long-term development prospects. Drawing on official statistical data from 2016 to 2024, the study analyzes a wide range of quantitative and qualitative indicators, including the volume of domestic and international tourist flows, hotel and accommodation occupancy levels, tourism-related export revenues, employment trends within the industry, and the evolution of physical and institutional tourism infrastructure. Particular emphasis is placed on identifying structural shifts in tourist demand, changes in market composition, and the effectiveness of state policies aimed at liberalizing visa regimes, improving transport connectivity, and stimulating private sector participation. The findings reveal that tourism is increasingly becoming a strategic pillar of economic advancement in Uzbekistan. Over the past several years, the sector has demonstrated steady growth, driven by modernization initiatives, enhanced marketing promotion, and improved international cooperation. Moreover, the results highlight a notable enhancement of the country’s investment climate, infrastructure capabilities, and digitalization efforts, all of which collectively strengthen the foundations for sustained sectoral development. The study also underscores the growing importance of pilgrimage tourism, cultural heritage preservation, and regional tourism clusters as additional drivers of economic activity. Overall, the research confirms that tourism has a substantial and expanding impact on Uzbekistan’s GDP, employment structure, and export diversification. The article concludes by outlining practical policy recommendations aimed at further improving sectoral resilience, competitiveness, and sustainability in the face of evolving global tourism trends.

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Author Biographies

Olim Astanakulov, International Islamic Academy of Uzbekistan

Doctor of Science (Economics), Professor, Vice-Rector for International Cooperation, International Academy of Islamic Studies of Uzbekistan, Tashkent

Muslimakhon Sokhibova, Tourism Development Institute under the Tourism Committee of the Republic of Uzbekistan

Ph.D. Student, Tourism Development Institute under the Tourism Committee of the Republic of Uzbekistan, Tashkent,

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Published

2025-12-30

How to Cite

Astanakulov, O., & Sokhibova, M. (2025). Assessing the Contribution of Tourism to Uzbekistan’s Economic Growth: Analysis of Influencing Factors. Economics, Finance and Management Review, (4(24), 4–16. https://doi.org/10.36690/2674-5208-2025-4-16

Issue

Section

Chapter 1. Current trends in economic development