Italy - 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 Italy was 350,506.00 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 1,304,244.00 in 1974 and a minimum value of -920,207.00 in 1977.

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 751,920.00
1971 294,101.00
1972 665,712.00
1973 -176,296.00
1974 1,304,244.00
1975 430,885.00
1976 1,193,834.00
1977 -920,207.00
1978 865,234.00
1979 -323,060.00
1980 40,595.00
1981 739,861.00
1982 462,001.00
1983 -53,886.00
1984 259,311.00
1985 -444,499.00
1986 1,187,344.00
1987 1,246,623.00
1988 1,186,282.00
1989 40,911.00
1990 257,041.00
1991 331,351.00
1992 -20,107.00
1993 1,937.00
1994 -83,506.00
1995 48,109.00
1996 -51,816.00
1997 -11,570.00
1998 -18,831.00
1999 -10,438.00
2000 94,438.00
2001 11,958.00
2002 5,846.00
2003 45,670.00
2004 5,539.00
2005 -36,457.00
2006 -2,315.00
2007 -37,690.00
2008 -302,165.00
2009 -75,886.00
2010 29,387.00
2011 350,506.00

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Italy was 983,066,000.00 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 9,489,466,000.00 in 1978 and a minimum value of -4,593,858,000.00 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
1970 -1,520,886,000.00
1971 -2,143,052,000.00
1972 -1,950,607,000.00
1973 -1,625,815,000.00
1974 1,057,926,000.00
1975 3,147,508,000.00
1976 5,921,929,000.00
1977 7,817,141,000.00
1978 9,489,466,000.00
1979 9,008,810,000.00
1980 2,680,928,000.00
1981 2,678,891,000.00
1982 570,058,200.00
1983 3,922,716,000.00
1984 2,734,677,000.00
1985 2,291,878,000.00
1986 -262,633,700.00
1987 -2,290,019,000.00
1988 -2,185,689,000.00
1989 -1,682,457,000.00
1990 -1,967,393,000.00
1991 -3,114,159,000.00
1992 -2,632,962,000.00
1993 -4,593,858,000.00
1994 -2,771,694,000.00
1995 -621,070,500.00
1996 -107,650,000.00
1997 -243,403,500.00
1998 -880,646,800.00
1999 -1,378,052,000.00
2000 122,050,700.00
2001 325,241,700.00
2002 -337,908,900.00
2003 -763,144,300.00
2004 -294,674,400.00
2005 -36,457.00
2006 -372,596.80
2007 -455,659,600.00
2008 -388,195,300.00
2009 657,920,200.00
2010 1,600,921,000.00
2011 983,066,000.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts