Saudi Arabia - 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 Saudi Arabia was -248,011 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 612,500 in 2015 and a minimum value of -527,200 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 |
|---|---|
| 1968 | 196,600 |
| 1969 | 115,800 |
| 1970 | 2,025 |
| 1971 | 2,631 |
| 1972 | 3,755 |
| 1973 | 1,886 |
| 1974 | 2,887 |
| 1975 | 190 |
| 1976 | -4,542 |
| 1977 | 2,007 |
| 1978 | 3,374 |
| 1979 | 4,821 |
| 1980 | -2,214 |
| 1981 | -4,491 |
| 1982 | 1,732 |
| 1983 | -2,984 |
| 1984 | 1,799 |
| 1985 | 0 |
| 1986 | 0 |
| 1987 | 0 |
| 1988 | 0 |
| 1989 | 0 |
| 1990 | -330,719 |
| 1991 | -373,100 |
| 1992 | 279,400 |
| 1993 | -412,700 |
| 1994 | 394,500 |
| 1995 | -7,400 |
| 1996 | 83,300 |
| 1997 | -137,500 |
| 1998 | 257,800 |
| 1999 | -300,000 |
| 2000 | 60,400 |
| 2001 | -180,800 |
| 2002 | 3,000 |
| 2003 | 3,600 |
| 2004 | 3,100 |
| 2005 | 2,300 |
| 2006 | -4,500 |
| 2007 | 400 |
| 2008 | 4,200 |
| 2009 | -3,100 |
| 2010 | 0 |
| 2011 | 0 |
| 2012 | 0 |
| 2013 | 0 |
| 2014 | 100 |
| 2015 | 612,500 |
| 2016 | -527,200 |
| 2017 | 562,000 |
| 2018 | -218,600 |
| 2019 | -200 |
| 2020 | -248,011 |
Discrepancy in expenditure estimate of GDP (constant LCU)
The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Saudi Arabia was 50,463 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 93,400 in 2012 and a minimum value of -1,290,100 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 |
|---|---|
| 2010 | 0 |
| 2011 | -368,600 |
| 2012 | 93,400 |
| 2013 | -509,300 |
| 2014 | -621,300 |
| 2015 | -280,000 |
| 2016 | -1,290,100 |
| 2017 | -613,800 |
| 2018 | -328,300 |
| 2019 | -100 |
| 2020 | 50,463 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
