Ireland - 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 Ireland was -3,192,906,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 2,012,115,000 in 2019 and a minimum value of -3,192,906,000 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
1970 -50,021,000
1971 -56,546,000
1972 -60,953,000
1973 -73,576,000
1974 -110,482,000
1975 -104,895,000
1976 -129,500,000
1977 -151,480,000
1978 -181,512,000
1979 -275,221,000
1980 -321,137,000
1981 -402,963,000
1982 -334,365,000
1983 -279,264,000
1984 -213,290,000
1985 -198,559,000
1986 -243,514,000
1987 -159,210,000
1988 -74,289,000
1989 -37,719,000
1990 -125,559,000
1991 -72,405,000
1992 46,473,000
1993 74,603,000
1994 89,710,000
1995 308,564,000
1996 -481,768,000
1997 -362,871,000
1998 730,744,000
1999 -151,097,000
2000 -1,797,000
2001 -1,021,707,000
2002 -2,216,356,000
2003 -2,059,103,000
2004 -2,364,216,000
2005 -1,500,926,000
2006 24,207,000
2007 863,297,000
2008 -614,686,000
2009 -1,933,765,000
2010 103,490,000
2011 -1,775,258,000
2012 -1,763,313,000
2013 605,586,000
2014 1,090,383,000
2015 58,123,000
2016 699,243,000
2017 -2,122,734,000
2018 1,696,414,000
2019 2,012,115,000
2020 -3,192,906,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Ireland was 11,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 507,000 in 2002 and a minimum value of -378,000 in 2004.

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
1970 102,000
1971 106,000
1972 113,000
1973 119,000
1974 124,000
1975 130,000
1976 132,000
1977 143,000
1978 153,000
1979 158,000
1980 162,000
1981 168,000
1982 172,000
1983 172,000
1984 179,000
1985 184,000
1986 184,000
1987 192,000
1988 202,000
1989 213,000
1990 232,000
1991 236,000
1992 244,000
1993 251,000
1994 265,000
1995 290,000
1996 313,000
1997 347,000
1998 377,000
1999 416,000
2000 456,000
2001 478,000
2002 507,000
2003 119,000
2004 -378,000
2005 2,000
2006 3,000
2007 3,000
2008 3,000
2009 2,000
2010 3,000
2011 8,000
2012 8,000
2013 6,000
2014 3,000
2015 0
2016 2,000
2017 -1,000
2018 1,000
2019 7,000
2020 11,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts