Share of Household Consumption at Current Purchasing Power Parities for Uganda
CSHCCPUGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
6.03%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic indicator measures the share of total household consumption expenditures in Uganda, adjusted for differences in purchasing power across countries.
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 share of household consumption at purchasing power parities (PPP) provides insights into the relative importance of consumer spending within Uganda's economy. It is a valuable metric for cross-country comparisons of living standards and economic development.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is used by economists and policymakers to analyze patterns of domestic demand and consumer-driven growth.
Key Facts
- Uganda's household consumption accounts for over 70% of GDP.
- Consumption share has remained relatively stable over the past decade.
- PPP adjustments are crucial for accurate cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of total household consumption expenditures in Uganda, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The share of household consumption at PPP provides valuable insights into the relative importance of consumer spending within Uganda's economy and enables accurate cross-country comparisons of living standards and economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze patterns of domestic demand and consumer-driven growth in Uganda.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Uganda (CSHCCPUGA156NRUG), retrieved from FRED.