Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Uganda
PCDGDPUGA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,460.37
Year-over-Year Change
81.00%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted domestic absorption per capita for Uganda, which is a key indicator of a country's overall economic development and living standards.
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
Domestic absorption represents the total amount of goods and services consumed within a country, including private consumption, government spending, and investment. This PPP-adjusted metric allows for cross-country comparisons of living standards by accounting for differences in price levels.
Methodology
The data is calculated by the World Bank using a multilateral comparison framework.
Historical Context
Policymakers and economists use this data to analyze Uganda's economic performance and development progress relative to other countries.
Key Facts
- Uganda's per capita domestic absorption was $2,081 in 2020.
- This metric has grown by an average of 3.2% annually over the past decade.
- Uganda ranks 148th globally in terms of PPP-adjusted domestic absorption per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted domestic absorption per capita for Uganda, which represents the total amount of goods and services consumed within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for cross-country comparisons of living standards by accounting for differences in price levels, making it a key indicator of a country's overall economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a multilateral comparison framework.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze Uganda's economic performance and development progress relative to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Uganda (PCDGDPUGA620NUPN), retrieved from FRED.