Uzbekistan Claims 66th Place in World on GDP Based on PPC
OREANDA-NEWS. Uzbekistan clinched the 66th place on the volume of gross domestic product based on purchasing power parity in 2013.
The World Bank issued a rating of countries on the volume of gross domestic product (GDP) based on purchasing power parity (PPP).
According to the rating of the World Bank, Uzbekistan was on the 66th place on the size of the GDP based on PPP with the figure of USD 156.256 billion.
In 2012, Uzbekistan was on the 66th place on the size of the GDP based on PPP with the figure of USD 106.931 billion.
The World Bank also issued data on the volume of the economies of the world countries based on their GDPs in 2013.
In line with the date of the bank, Uzbekistan's GDP made up USD 56.796 billion and holds 74th place in the world. Uzbekistan's GDP was at USD 51.113 billion and held 74th place in the world in 2012.
GDP per capita makes up USD 1,878 in 2013, which grew by 9.2% compared to 2012 (USD 1,716.5). Uzbekistan holds 126th place on this figure.
According to the bank, Uzbekistan is on the 43rdplace in the world on number of population. Uzbekistan had 30.241 million people in 2013, the World Bank's data shows.
Purchasing power parity (PPP) is an economic theory and a technique used to determine the relative value of currencies, estimating the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to (or on par with) each currency's purchasing power.
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