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“According to purchasing power parity, Georgia ranks 100th among the economies of the world, i.e. with a good index, and 30th in Europe,” - it is written in the 2022 GDP data according to the purchasing power parity of the countries of the world, which was published by the World Bank and the International Monetary Fund.
In 2022, the GDP of Georgia amounted to $92 billion, which may increase by 39.0% and reach $128 billion by 2024-2030. The forecast for this period is based on the average annual growth rate of the global economy over the last decade ending in 2022. Georgia ranks 38th in terms of the percentage of GDP growth predicted for 2030.
The top 10 countries in the purchasing power parity list are as follows:
China - $31.5 trillion; $49.8 trillion by 2030 (+57.7%)
The USA - $23.1 trillion; $27 trillion by 2030 (+16.5%)
India - $15.8 trillion; $24.6 trillion by 2030 (+55.5%)
Japan -$ 5.7 trillion; $6 trillion by 2030 (+6.2%)
Russia - $5.5 trillion; $5.9 trillion by 2030 (+7.9%)
Germany - $5 trillion; $5.4 trillion by 2030 (+8.5%)
Indonesia - $4.8 trillion; $6.7 trillion by 2030 (+41.1%)
Brazil - $4.2 trillion; $4.5 trillion by 2030 (+5.8%)
Turkey - $3.7 trillion; $5.3 trillion by 2030 (+44.3%)
France - $3.5 trillion; $3.8 trillion by 2030 (+8.4%)
Ukraine ranks 45th in terms of purchasing power parity. The country's GDP in 2022 amounted to $539 billion, although a 31.0% decrease is predicted by 2030, which implies a decrease in GDP to $372 billion.
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