Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Uganda
PC2GDPUGA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,365.82
Year-over-Year Change
86.37%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per capita for Uganda, adjusting for differences in price levels across countries. It provides a more accurate comparison of living standards and economic output than nominal exchange rate conversions.
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 PPP-converted GDP per capita metric allows for meaningful cross-country comparisons of economic output and living standards, accounting for variations in domestic price levels. It is a widely used indicator for evaluating development, productivity, and standards of living.
Methodology
The data is calculated by the World Bank using the Geary-Khamis 'international dollar' method to convert national currencies.
Historical Context
This metric informs policymakers, economists, and international organizations in assessing Uganda's economic performance and progress relative to other countries.
Key Facts
- Uganda's PPP-adjusted GDP per capita was $2,305 in 2021.
- This represents a 42% increase from 2000 levels.
- Uganda ranks 145th globally in PPP-adjusted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per capita for Uganda, adjusting for differences in domestic price levels across countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-adjusted GDP per capita provides a more accurate comparison of living standards and economic output between countries than nominal exchange rate conversions, informing analysis of development and productivity.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis 'international dollar' method to convert national currencies.
Q: How is this trend used in economic policy?
A: This metric informs policymakers, economists, and international organizations in assessing Uganda's economic performance and progress relative to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a 1-2 year lag, and may not fully capture rapid economic changes within Uganda.
Related Trends
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Mozambique
PPCGDPMZA620NUPN
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for United States
PPCGDPUSA620NUPN
Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Swaziland
PC2GDPSZA620NUPN
Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Ghana
PC2GDPGHA620NUPN
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Philippines
PPCGDPPHA620NUPN
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Switzerland
PPCGDPCHA620NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Uganda (PC2GDPUGA620NUPN), retrieved from FRED.