Lesotho - 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 Lesotho was 281,850,500 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 1,423,250,000 in 2016 and a minimum value of -750,200 in 2007.

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
1960	0
1961	0
1962	0
1963	0
1964	0
1965	0
1966	0
1967	0
1968	0
1969	0
1970	0
1971	0
1972	0
1973	0
1974	0
1975	0
1976	0
1977	0
1978	0
1979	0
1980	0
1981	0
2007	-750,200
2008	-679,200
2009	-500,800
2010	161,537,300
2011	146,739,100
2012	45,200
2013	268,109,000
2014	286,351,900
2015	386,339,400
2016	1,423,250,000
2017	445,547,700
2018	928,767,000
2019	281,850,500

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Lesotho was -500 as of 2019. As the graph below shows, over the past 7 years this indicator reached a maximum value of 735,100 in 2015 and a minimum value of -9,525,800 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
2012	-400
2013	600
2014	-200
2015	735,100
2016	-9,525,800
2017	-700
2018	-800
2019	-500

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts