Belize - 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 Belize was 173,056,600 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 375,301,900 in 2019 and a minimum value of -246,158,500 in 1991.

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
1980 98,678,350
1981 100,134,100
1982 99,025,660
1983 97,880,170
1984 100,045,900
1985 101,093,500
1986 107,223,800
1987 134,882,600
1988 154,898,200
1989 169,785,500
1990 193,661,500
1991 -246,158,500
1992 -79,877,200
1993 -88,619,400
1994 -47,744,500
1995 -82,630,100
1996 -112,808,900
1997 -101,116,800
1998 -89,201,500
1999 -63,922,600
2000 33,219,700
2001 34,846,800
2002 -65,026,300
2003 -6,197,800
2004 -23,554,600
2005 3,352,900
2006 9,820,900
2007 -43,363,600
2008 10,751,900
2009 -41,963,600
2010 -10,122,400
2011 -52,799,590
2012 -21,379,790
2013 -103,701,800
2014 -39,086,280
2015 20,600,680
2016 -60,790,320
2017 11,986,550
2018 -49,412,030
2019 375,301,900
2020 173,056,600

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Belize was -9,657,670 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 357,803,300 in 2019 and a minimum value of -244,045,200 in 2006.

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
2000 33,219,700
2001 15,861,300
2002 -76,077,100
2003 -31,586,900
2004 -88,546,600
2005 -105,818,000
2006 -244,045,200
2007 -81,228,600
2008 -17,363,900
2009 -99,235,500
2010 -35,022,000
2011 -47,391,600
2012 -45,377,800
2013 -98,058,900
2014 -9,568,600
2015 38,647,400
2016 92,791,700
2017 144,697,200
2018 120,302,100
2019 357,803,300
2020 -9,657,670

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts