Latvia - Discrepancy in expenditure estimate of GDP

Discrepancy in expenditure estimate of GDP (current LCU)

The value for Discrepancy in expenditure estimate of GDP (current LCU) in Latvia was 0 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,000 in 2019 and a minimum value of -1,000 in 1997.

Definition: Discrepancy in expenditure estimate of GDP is the discrepancy included in final consumption expenditure, etc. (total consumption, etc.). This discrepancy is included to ensure that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 0
1996 0
1997 -1,000
1998 0
1999 0
2000 0
2001 0
2002 0
2003 1,000
2004 0
2005 1,000
2006 0
2007 -1,000
2008 0
2009 1,000
2010 0
2011 -1,000
2012 0
2013 1,000
2014 1,000
2015 0
2016 0
2017 0
2018 0
2019 1,000
2020 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Latvia was 0.000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 0.000 in 2020 and a minimum value of 0.000 in 1995.

Definition: A statistical discrepancy usually arises when the GDP components are estimated independently by industrial origin and by expenditure categories. This item represents the discrepancy in the use of resources (i.e., the estimate of GDP by expenditure categories). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 0.000
1996 0.000
1997 0.000
1998 0.000
1999 0.000
2000 0.000
2001 0.000
2002 0.000
2003 0.000
2004 0.000
2005 0.000
2006 0.000
2007 0.000
2008 0.000
2009 0.000
2010 0.000
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.000
2017 0.000
2018 0.000
2019 0.000
2020 0.000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts