Uzum contributed over 1.2 trillion UZS to Uzbekistan’s budget in 2024

Uzum, Uzbekistan’s leading digital ecosystem, became one of the country’s top private taxpayers in 2024, contributing approximately 1.2 trillion UZS (over $94.8 million) to the national budget. This achievement secured Uzum’s position as the second-largest private taxpayer in the country. Over the past year, the ecosystem's tax contributions grew by 28%, now accounting for 0.3% of Uzbekistan’s total national budget revenue.

Photo: Uzum

By the end of 2024, one in every three residents of Uzbekistan was using services provided by the Uzum ecosystem. More than 11,000 employees across the country work on developing and maintaining these services. In addition, Uzum is actively creating jobs in the IT sector and providing growth opportunities for youth across all regions of Uzbekistan. In the past year alone, the company created nearly 3,000 new jobs, not including positions at Uzum’s partners.

Moreover, job creation is also happening at Uzum’s partners, who use the ecosystem's services and infrastructure to grow their own businesses. This includes entrepreneurs selling products on the national marketplace Uzum Market, as well as restaurants, cafes, and stores collaborating with the express delivery service Uzum Tezkor, among others. As the digital ecosystem grows, it is fostering new opportunities for the formalization and expansion of small and medium-sized businesses throughout the country.

“Uzum’s digital services play a pivotal role in supporting and growing small and medium-sized businesses in Uzbekistan. Thanks to our solutions, thousands of entrepreneurs have access to modern tools that help them scale and grow their businesses. We remain committed to investing in the country’s economy and creating new opportunities for millions of people,” said Jasur Jumayev, CEO and founder of Uzum. “Through the development of fintech services for businesses and e-commerce in Uzbekistan, we are contributing to the formalization of the economy and increasing tax revenues. We are proud of our role in the prosperity and development of our country, making Uzbekistan even more attractive to international investors and the global IT community.”

About Uzum

Uzum is Uzbekistan's leading digital ecosystem, bringing together fintech, e-commerce, and banking services for individuals and small-to-medium businesses. The ecosystem includes a marketplace, an express delivery service, traditional and digital banking, a BNPL (buy now, pay later) service, a car buying platform, and an app for entrepreneurs. Each month, more than 13 million residents of Uzbekistan use Uzum’s services.

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