Lao PDR - 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 Lao PDR was -119,485,700 as of 2016. As the graph below shows, over the past 32 years this indicator reached a maximum value of 3,918,200,000,000 in 2011 and a minimum value of -119,485,700 in 2016.

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
1984	0
1985	-4,200
1986	-12,100
1987	-3,100
1988	8,200
2000	0
2001	0
2002	0
2003	0
2004	0
2005	0
2006	0
2007	-100
2008	0
2009	0
2010	100
2011	3,918,200,000,000
2012	100
2013	100
2014	0
2015	415,894,800
2016	-119,485,700

Discrepancy in expenditure estimate of GDP (constant LCU)

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
2012	-139,644,000
2013	1,112,762,000
2014	-171,684,700
2015	-1,000,000,000
2016	-1,000,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts