The World Bank issued a rating of countries on the volume of gross domestic product (GDP) based on purchasing power parity (PPP) for 2015. The rating includes 188 states.
According to the rating of the World Bank, Uzbekistan was on the 61st place on the size of the GDP based on PPP with the $187.66 billion.
The World Bank also issued data on the volume of the economies of the world countries based on their GDPs in 2015.
In line with the data of the bank, Uzbekistan’s GDP made up $66.73 billion and held 70th place in the world. Uzbekistan moved three places up in the rating compared YoY.
Gross national income (GNI) per capita made up $2,150 in 2015, up by 2.87% YoY. Uzbekistan holds 162nd place on this figure. GNI per capita based on purchasing power parity (PPP) made up $6,110 (150th place in the world).
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. (UzDaily/Business World Magazine)
