Panama - 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 Panama was 0 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 294,842,600 in 2005 and a minimum value of -406,697,300 in 1999.

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 38,869,000
1961 31,550,900
1962 26,661,300
1963 39,539,700
1964 41,361,600
1965 41,365,300
1966 31,646,900
1967 28,218,200
1968 12,917,300
1969 23,790,800
1970 28,791,300
1971 23,434,200
1972 28,940,200
1973 11,365,300
1974 85,523,700
1975 88,078,500
1976 80,813,400
1977 103,177,500
1978 107,790,700
1979 193,631,200
1980 120,778,000
1981 57,047,600
1982 99,862,100
1983 89,969,900
1984 -20,388,000
1985 -13,265,200
1986 4,155,800
1987 -20,237,200
1988 244,915,000
1989 152,044,300
1990 133,359,000
1991 155,087,800
1992 157,366,100
1993 113,995,100
1994 153,725,700
1995 75,358,500
1996 -83,053,500
1997 89,102,500
1998 -209,264,800
1999 -406,697,300
2000 -185,039,300
2001 207,580,200
2002 215,360,800
2003 -82,266,600
2004 38,528,700
2005 294,842,600
2006 290,469,600
2007 -15,770
2008 -11,384
2009 -64,435
2010 -112,419
2011 -75,699
2012 34,384
2013 194,005
2014 64,365
2015 113,776
2016 -104,591
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 Panama was -569,137,900 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 97,736,460 in 2010 and a minimum value of -569,137,900 in 2019.

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
2007 -62,415,770
2008 -64,057,110
2009 -63,560,950
2010 97,736,460
2011 93,514,140
2012 -4,105,797
2013 -59,655,900
2014 -138,096,300
2015 -301,921,300
2016 -442,446,000
2017 -538,080,100
2018 -528,313,900
2019 -569,137,900

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts