Bermuda - 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 Bermuda was -100,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 59,775,000 in 2019 and a minimum value of -310,882,000 in 2011.

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
2010	-110,797,000
2011	-310,882,000
2012	-71,683,000
2013	0
2014	17,160,000
2015	20,208,000
2016	23,277,000
2017	52,887,000
2018	50,690,000
2019	59,775,000
2020	-100,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Bermuda was -100,000 as of 2020. As the graph below shows, over the past 6 years this indicator reached a maximum value of -100,000 in 2020 and a minimum value of -922,878,500 in 2016.

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
2014	-182,752,100
2015	-324,701,900
2016	-922,878,500
2017	-207,507,800
2018	-162,338,900
2019	-76,857,000
2020	-100,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts