THE ROLE AND IMPORTANCE OF THE SERVICE SECTOR IN THE ECONOMY

Authors

  • Yuldashova Nilufar Ziyabayevna Senior lecturer in the department of “Economic analysis and statistics” at the Samarkand institute of economics and service, PhD

Keywords:

service sector, economic growth, employment generation, productivity, innovation, GDP contribution, structural transformation, digital economy, financial services, sustainable development.

Abstract

The service sector has become the dominant contributor to economic growth in many countries, accounting for significant shares of GDP and employment. This study examines the role of services in economic development, identifies key factors driving sectoral growth, and evaluates their impact on national economies. Findings indicate that an efficient service sector enhances productivity, creates employment opportunities, stimulates innovation, and strengthens the overall economy. Policy recommendations for improving service sector performance are also discussed.

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References

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Published

2025-11-13

How to Cite

Yuldashova Nilufar Ziyabayevna. (2025). THE ROLE AND IMPORTANCE OF THE SERVICE SECTOR IN THE ECONOMY. Journal of Applied Science and Social Science, 15(11), 297–299. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/2379

Issue

Vol. 15 No. 11 (2025): Volume 15 Issue 11

Section

Articles

License

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