The Gambia - 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 The Gambia was 5,287,051,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 5,287,051,000 in 2020 and a minimum value of -3,427,414,000 in 2019.

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
1966 0
1967 -100
1968 0
1969 0
1970 -200
1971 0
1972 100
1973 -200
1974 0
1975 0
1976 0
1977 0
1978 -100
1979 -100
1980 -100
1981 0
1982 0
1983 100
1984 0
1985 100
1986 0
1987 100
1988 100
1989 0
1990 -100
1991 -640,377,000
1992 -784,685,800
1993 -44,548,800
1994 -193,350,800
1995 723,440,700
1996 -357,032,500
1997 271,276,700
1998 -3,154,500
1999 117,338,800
2000 -90,456,100
2001 -49,221,100
2002 -45,027,800
2003 75,851,300
2004 -1,225,044,000
2005 -1,423,997,000
2006 -464,568,800
2007 146,608,000
2008 -1,136,721,000
2009 -1,005,879,000
2010 -2,441,294,000
2011 354,716,100
2012 296,600
2013 -1,002,174,000
2014 857,329,400
2015 1,995,984,000
2016 1,190,370,000
2017 2,027,195,000
2018 2,778,844,000
2019 -3,427,414,000
2020 5,287,051,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in The Gambia was 1,294,092,000 as of 2020. As the graph below shows, over the past 7 years this indicator reached a maximum value of 1,294,092,000 in 2020 and a minimum value of -2,547,324,000 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
2013 -1,002,174,000
2014 311,602,200
2015 854,480,400
2016 -328,009,000
2017 989,944,800
2018 -648,920,900
2019 -2,547,324,000
2020 1,294,092,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts