Publication Details
Abstract
This article analyzes the main factors affecting the economic growth of the Republic of Uzbekistan during the period 2010–2023 through a multiple regression model. In the research, the Gross Domestic Product (GDP) growth rate was accepted as the main dependent variable, and the influence of independent variables such as foreign direct investment (FDI), industrial production index, inflation rate, and the share of employed population was evaluated. The model constructed using the Ordinary Least Squares (OLS) method was statistically reliable, and the coefficient of determination was R²=0.94. The results of the research proved that the volume of investments and industrial production positively affect GDP growth, while inflation has a negative effect.