Libya - 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 Libya was -6,018,000,000 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 11,239,060,000 in 2005 and a minimum value of -6,045,200,000 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 |
|---|---|
| 1990 | 100,000 |
| 1991 | -1,000,000 |
| 1992 | 1,200,000 |
| 1993 | -100,000 |
| 1994 | 800,000 |
| 1995 | 200,000 |
| 1996 | -100,000 |
| 1997 | 0 |
| 1998 | 0 |
| 1999 | 2,547,000,000 |
| 2000 | 2,207,000,000 |
| 2001 | 3,458,000,000 |
| 2002 | 1,703,000,000 |
| 2003 | 3,429,162,000 |
| 2004 | 3,698,461,000 |
| 2005 | 11,239,060,000 |
| 2006 | -749,900,000 |
| 2007 | -6,045,200,000 |
| 2008 | -6,018,000,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
