Dominican Republic vs Uruguay: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Dominican Republic
- Uruguay
How they compare
Uruguay currently reports 27.11 LCU per international $ against 23.87 LCU per international $ in Dominican Republic, a difference of 3.24 LCU per international $.
That makes Uruguay's figure about 1.1 times Dominican Republic's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Dominican Republic ahead.
Globally, Dominican Republic ranks 70th and Uruguay ranks 69th of 204 countries.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.