Uganda | Households and NPISHs Final consumption expenditure, PPP (current international $)

This indicator provides values for households and NPISHs final consumption expenditure expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From July 2020, “Households and NPISHs final consumption expenditure: linked series (current LCU)” [NE.CON.PRVT.CN.AD] is used as underlying expenditure in local currency unit so that it’s in line with time series of PPP conversion factor, private consumption (LCU per international $), which are extrapolated with linked CPI. Statistical concept and methodology: Typically, higher income countries have higher price levels, while lower income countries have lower price levels (Balassa-Samuelson effect). Market exchange rate-based cross-country comparisons of GDP at its expenditure components reflect both differences in economic outputs (volumes) and prices. Given the differences in price levels, the size of higher income countries is inflated, while the size of lower income countries is depressed in the comparison. PPP-based cross-country comparisons of GDP at its expenditure components only reflect differences in economic outputs (volume), as PPPs control for price level differences between the countries. Hence, the comparison reflects the real size of the countries. For more information on underlying households and NPISHs final consumption expenditure in local currency, please refer to the metadata for "Households and NPISHs Final consumption expenditure, PPP (current international $)" [NE.CON.PRVT.PP.CD]. For more information on underlying PPP conversion factor, please refer to the metadata for "PPP conversion factor, private consumption (LCU per international $)" [PA.NUS.PRVT.PP]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
Republic of Uganda
Records
63
Source
Uganda | Households and NPISHs Final consumption expenditure, PPP (current international $)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
11370313917.114 1993
11744829674.95 1994
14395472753.691 1995
14563997274.008 1996
13996325726.189 1997
18097755184.711 1998
18312412870.85 1999
20651883037.887 2000
22907384728.842 2001
24584702420.264 2002
26413692285.876 2003
31797608687.188 2004
30733793182.558 2005
35367151494.192 2006
40194588924.464 2007
40452554688.042 2008
46811705193.055 2009
49531322505.52 2010
49215036190.505 2011
53298843046.625 2012
51049407210.283 2013
52844704658.971 2014
62331139364.632 2015
61551262150.568 2016
63001102280.813 2017
71220418772.236 2018
76074014044.262 2019
78916439807.48 2020
86869570505.51 2021
94462619958.926 2022

Uganda | Households and NPISHs Final consumption expenditure, PPP (current international $)

This indicator provides values for households and NPISHs final consumption expenditure expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From July 2020, “Households and NPISHs final consumption expenditure: linked series (current LCU)” [NE.CON.PRVT.CN.AD] is used as underlying expenditure in local currency unit so that it’s in line with time series of PPP conversion factor, private consumption (LCU per international $), which are extrapolated with linked CPI. Statistical concept and methodology: Typically, higher income countries have higher price levels, while lower income countries have lower price levels (Balassa-Samuelson effect). Market exchange rate-based cross-country comparisons of GDP at its expenditure components reflect both differences in economic outputs (volumes) and prices. Given the differences in price levels, the size of higher income countries is inflated, while the size of lower income countries is depressed in the comparison. PPP-based cross-country comparisons of GDP at its expenditure components only reflect differences in economic outputs (volume), as PPPs control for price level differences between the countries. Hence, the comparison reflects the real size of the countries. For more information on underlying households and NPISHs final consumption expenditure in local currency, please refer to the metadata for "Households and NPISHs Final consumption expenditure, PPP (current international $)" [NE.CON.PRVT.PP.CD]. For more information on underlying PPP conversion factor, please refer to the metadata for "PPP conversion factor, private consumption (LCU per international $)" [PA.NUS.PRVT.PP]. For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
Republic of Uganda
Records
63
Source