Uganda | GDP (current US$)
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Uganda
Records
63
Source
Uganda | GDP (current US$)
423008385.74423 1960
441524109.01468 1961
449012578.61635 1962
516147798.74214 1963
589056603.77358 1964
884502309.9538 1965
925381492.37015 1966
967240655.1869 1967
1037379252.415 1968
1168556628.8674 1969
1259554808.9038 1970
1417191656.1669 1971
1490970180.5964 1972
1701829789.0213 1973
2098944967.2084 1974
2359555555.5556 1975
2447300000 1976
2936470588.2353 1977
2420260869.5652 1978
2139025000 1979
1244610000 1980
1337300000 1981
2177500000 1982
2240333333.3333 1983
3615647477.0543 1984
3519695443.5252 1985
3923244049.958 1986
6269522042.1156 1987
6508931651.6667 1988
5276480799.3387 1989
4304399310.3097 1990
3321729159.6228 1991
2857457761.9092 1992
3220439044.1895 1993
3990430446.7122 1994
5755818842.4925 1995
6044585326.938 1996
6269333313.1711 1997
6584815846.5275 1998
5998563257.9466 1999
6193246837.0969 2000
5840503868.5157 2001
6178563591.1205 2002
6606884275.2309 2003
7939487547.7738 2004
9239221763.0579 2005
9977647682.9695 2006
11902564494.883 2007
14440404132.205 2008
25127805566.658 2009
26673441430.786 2010
27871725241.472 2011
27305915910.788 2012
28915786516.612 2013
32612397257.446 2014
32387183730.1 2015
29203988696.263 2016
30744473841.424 2017
32927025619.68 2018
35348155095.422 2019
37605430214.352 2020
40510241365.891 2021
45567304608.476 2022
Uganda | GDP (current US$)
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Uganda
Records
63
Source