Ethiopia vs Uruguay: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Ethiopia
- Uruguay
How they compare
Ethiopia currently reports 30.77 LCU per international $ against 27.11 LCU per international $ in Uruguay, a difference of 3.66 LCU per international $.
That makes Ethiopia's figure about 1.1 times Uruguay's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Ethiopia ahead.
Globally, Ethiopia ranks 66th 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.