Expenditure-side Real GDP at Current Purchasing Power Parities for Uganda
CGDPESUGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89,275.77
Year-over-Year Change
91.27%
Date Range
1/1/1950 - 1/1/2019
Summary
This trend measures the expenditure-side real GDP of Uganda, adjusted for differences in purchasing power between countries. It provides a standardized measure of economic output that enables cross-country comparisons.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The expenditure-side real GDP at current purchasing power parities (PPPs) for Uganda is a key indicator of the country's economic performance. It represents the total value of all goods and services produced within Uganda, adjusted for price level differences to allow meaningful international comparisons.
Methodology
The data is calculated by the World Bank using expenditure-based national accounts and purchasing power parity exchange rates.
Historical Context
This metric is widely used by policymakers, economists, and international organizations to assess Uganda's economic development and competitiveness.
Key Facts
- Uganda's 2021 expenditure-side real GDP at current PPPs was $109.8 billion.
- This metric has grown at an average annual rate of 4.8% over the past decade.
- Uganda's real GDP per capita at current PPPs was $2,443 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced within Uganda, adjusted for differences in purchasing power between countries to enable cross-country comparisons.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Uganda's economic performance and is widely used by policymakers, economists, and international organizations to assess the country's economic development and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using expenditure-based national accounts and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and international organizations to evaluate Uganda's economic development, set policy goals, and compare the country's economic performance to other nations.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for Uganda (CGDPESUGA666NRUG), retrieved from FRED.