Nigeria - 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 Nigeria was 0 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 1,500 in 2013 and a minimum value of -857,086,000,000 in 2010.

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
1981 0
1982 0
1983 0
1984 0
1985 0
1986 0
1987 0
1988 0
1989 0
1990 0
1991 0
1992 0
1993 0
1994 -100
1995 -100
1996 0
1997 0
1998 0
1999 0
2000 0
2001 -100
2002 -100
2003 100
2004 0
2005 0
2006 -100
2007 0
2008 0
2009 0
2010 -857,086,000,000
2011 -578,625,000,000
2012 -248,178,000,000
2013 1,500
2014 -17,900
2015 0
2016 0
2017 100
2018 -1,000
2019 0
2020 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Nigeria was -100.000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 0.000 in 2017 and a minimum value of -857,086,000,000.000 in 2010.

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 -857,086,000,000.000
2011 -669,310,000,000.000
2012 -726,256,000,000.000
2013 -100.000
2014 -4,800.000
2015 -100.000
2016 -100.000
2017 0.000
2018 -300.000
2019 -100.000
2020 -100.000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts