Cyprus - 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 Cyprus was 0 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 77,912,400 in 1989 and a minimum value of -35,197,200 in 1978.

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
1975 0
1976 -32,463,400
1977 -33,659,500
1978 -35,197,200
1979 -7,005,300
1980 -7,005,300
1981 -12,814,400
1982 10,593,300
1983 18,623,800
1984 24,433,000
1985 47,499,300
1986 59,801,000
1987 39,810,200
1988 23,066,100
1989 77,912,400
1990 0
1991 100
1992 0
1993 -100
1994 0
1995 0
1996 0
1997 0
1998 0
1999 0
2000 0
2001 0
2002 0
2003 0
2004 0
2005 0
2006 0
2007 0
2008 0
2009 0
2010 0
2011 0
2012 0
2013 0
2014 0
2015 0
2016 11,000
2017 0
2018 0
2019 0
2020 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Cyprus was 35,591,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 81,823,000 in 2018 and a minimum value of -1,000 in 2011.

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
2010 0
2011 -1,000
2012 17,340,000
2013 47,162,000
2014 48,274,000
2015 55,130,000
2016 44,820,000
2017 58,969,000
2018 81,823,000
2019 65,836,000
2020 35,591,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts