Expenditure-side Real GDP at Chained Purchasing Power Parities for Uganda
RGDPESUGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89,417.13
Year-over-Year Change
94.35%
Date Range
1/1/1950 - 1/1/2019
Summary
The Expenditure-side Real GDP at Chained Purchasing Power Parities for Uganda measures the total economic output of Uganda adjusted for inflation and purchasing power differences. This key indicator provides insights into the overall health and growth of the Ugandan economy.
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
This metric represents the real gross domestic product (GDP) of Uganda calculated from the expenditure side, using chained purchasing power parities (PPPs) to account for price level differences across countries. It offers a comprehensive view of Uganda's economic performance compared to other nations.
Methodology
The data is collected and calculated by the World Bank using household consumption, government consumption, gross capital formation, and net exports.
Historical Context
Policymakers and analysts use this trend to evaluate Uganda's economic growth, international competitiveness, and living standards relative to its trading partners.
Key Facts
- Uganda's real GDP grew by 4.9% in 2021.
- Uganda's GDP per capita (PPP) was $2,302 in 2021.
- Agriculture accounts for about 24% of Uganda's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total economic output of Uganda, adjusted for inflation and purchasing power differences, providing a comprehensive view of the country's economic performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for evaluating Uganda's economic growth, international competitiveness, and living standards relative to its trading partners, which is crucial for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using household consumption, government consumption, gross capital formation, and net exports.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Uganda's economic growth, international competitiveness, and living standards, which informs policy decisions and economic strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to previous estimates as more information becomes available.
Related Trends
Index of Human Capital per Person for Latvia
HCIYISLVA066NRUG
Average Annual Hours Worked by Persons Engaged for Greece
AVHWPEGRA065NRUG
Index of Human Capital per Person for Germany
HCIYISDEA066NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Tunisia
RGDPESTNA666NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Cote d'Ivoire
RGDPESCIA666NRUG
Output-side Real GDP at chained Purchasing Power Parities for Mozambique
RGDPOSMZA666NRUG
Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Uganda (RGDPESUGA666NRUG), retrieved from FRED.