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 52,700,000.00 as of 2008. As the graph below shows, over the past 28 years this indicator reached a maximum value of 83,889,380.00 in 2000 and a minimum value of -112,953,700.00 in 1996.

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 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1987 32.00
1988 0.00
1989 32.00
1990 -56,700,000.00
1991 29,141,480.00
1992 -80,644,040.00
1993 -89,443,780.00
1994 -48,692,220.00
1995 -83,337,010.00
1996 -112,953,700.00
1997 -98,753,740.00
1998 -85,890,780.00
1999 -47,252,550.00
2000 83,889,380.00
2001 31,849,640.00
2002 -35,357,030.00
2003 34,124,810.00
2004 26,102,010.00
2005 72,310,770.00
2006 42,998,240.00
2007 11,665,100.00
2008 52,700,000.00

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Belize was 38,300,000.00 as of 2008. As the graph below shows, over the past 28 years this indicator reached a maximum value of 38,300,000.00 in 2008 and a minimum value of -263,421,900.00 in 1993.

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
1980 -18.00
1981 -139,828,900.00
1982 -196,755,400.00
1983 -190,325,900.00
1984 -148,706,200.00
1985 -93,012,450.00
1986 -78,046,840.00
1987 -150,994,400.00
1988 -226,814,700.00
1989 -232,736,400.00
1990 -240,554,100.00
1991 -207,557,700.00
1992 -217,241,900.00
1993 -263,421,900.00
1994 -84,801,860.00
1995 -123,024,700.00
1996 -113,975,000.00
1997 -106,235,700.00
1998 -81,122,110.00
1999 -42,791,240.00
2000 13,536,500.00
2001 18,432,790.00
2002 3,011,849.00
2003 10,327,270.00
2004 6,163,166.00
2005 -47,091,710.00
2006 -56,265,960.00
2007 -36,382,440.00
2008 38,300,000.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts