Croatia - 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 Croatia was -470,790.700 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 0.001 in 2016 and a minimum value of -470,790.700 in 2020.

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
1995 0.000
1996 0.000
1997 0.001
1998 0.000
1999 0.000
2000 -0.001
2001 -0.001
2002 0.001
2003 0.001
2004 0.000
2005 0.001
2006 -0.001
2007 0.000
2008 0.001
2009 0.000
2010 0.000
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.001
2017 -0.001
2018 0.000
2019 0.000
2020 -470,790.700

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Croatia was -218,445,800 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 323,184,300 in 2019 and a minimum value of -218,445,800 in 2020.

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
2015 0
2016 0
2017 126,765,100
2018 162,377,000
2019 323,184,300
2020 -218,445,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts