Laos vs Uzbekistan: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Laos
- Uzbekistan
How they compare
Laos currently reports 4,577 LCU per international $ against 3,670 LCU per international $ in Uzbekistan, a difference of 907.33 LCU per international $.
That makes Laos's figure about 1.2 times Uzbekistan's.
Across all 36 years both countries report, Laos has been ahead every year.
Globally, Laos ranks 6th and Uzbekistan ranks 7th 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.