Cuba - 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 Cuba was 0 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 200,557,800 in 1990 and a minimum value of -235,976,100 in 1986.

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
1970 -36,094,700
1971 -43,837,700
1972 -49,264,300
1973 -52,684,800
1974 -59,653,300
1975 -66,932,000
1976 -71,755,000
1977 -75,783,400
1978 -88,025,900
1979 -92,258,100
1980 -81,768,500
1981 -112,065,400
1982 -122,403,000
1983 -120,209,000
1984 -141,222,700
1985 -41,010,700
1986 -235,976,100
1987 -153,296,700
1988 -71,823,600
1989 -181,587,500
1990 200,557,800
1991 77,087,000
1992 -177,640,000
1993 -197,048,800
1994 174,679,300
1995 140,138,200
1996 368,700
1997 -91,900
1998 -16,200
1999 11,100
2000 75,200
2001 400,000
2002 24,100
2003 87,500
2004 400
2005 84,400
2006 -235,300
2007 -500,000
2008 0
2009 0
2010 0
2011 0
2012 0
2013 0
2014 0
2015 0
2016 -1,000,000
2017 -1,000,000
2018 0
2019 1,000,000
2020 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Cuba was 0 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 654,600 in 1998 and a minimum value of -1,000,000 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
1997 -17,900
1998 654,600
1999 331,000
2000 -1,400
2001 145,600
2002 149,500
2003 35,600
2004 73,700
2005 -34,300
2006 469,300
2007 0
2008 -200,000
2009 0
2010 0
2011 0
2012 0
2013 0
2014 0
2015 0
2016 0
2017 0
2018 0
2019 -1,000,000
2020 0

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts