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 -31,800 as of 2014. As the graph below shows, over the past 44 years this indicator reached a maximum value of 60,200 in 2012 and a minimum value of -1,189,213,000 in 1992.

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 -24,157,200
1971 -30,734,800
1972 -38,211,700
1973 -80,493,100
1974 -118,938,400
1975 -80,489,300
1976 -106,318,000
1977 -64,166,000
1978 -16,463,300
1979 -81,852,100
1980 -366,295,600
1981 -443,065,900
1982 -480,629,400
1983 -379,496,000
1984 -521,384,400
1985 -592,200,600
1986 -419,529,700
1987 -628,190,900
1988 -753,365,800
1989 -865,162,400
1990 -868,463,400
1991 -1,004,784,000
1992 -1,189,213,000
1993 -403,385,700
1994 -322,211,000
1995 11,000
1996 15,400
1997 -23,200
1998 -5,000
1999 36,700
2000 34,300
2001 31,300
2002 -40,700
2003 12,600
2004 -5,000
2005 -12,600
2006 14,200
2007 -25,400
2008 46,300
2009 13,600
2010 -21,300
2011 4,700
2012 60,200
2013 36,000
2014 -31,800

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Italy was 1,361,577,000 as of 2014. As the graph below shows, over the past 44 years this indicator reached a maximum value of 6,386,206,000 in 1978 and a minimum value of -12,073,180,000 in 1991.

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 -7,327,716,000
1971 -7,895,973,000
1972 -7,834,194,000
1973 -8,016,827,000
1974 -5,014,466,000
1975 -1,670,252,000
1976 1,271,914,000
1977 4,033,731,000
1978 6,386,206,000
1979 5,456,124,000
1980 -3,450,438,000
1981 -2,803,768,000
1982 -5,424,730,000
1983 -1,106,691,000
1984 -2,683,852,000
1985 -3,356,385,000
1986 -6,787,249,000
1987 -9,858,024,000
1988 -10,049,400,000
1989 -9,439,504,000
1990 -10,005,860,000
1991 -12,073,180,000
1992 -11,241,380,000
1993 -10,480,060,000
1994 -7,652,606,000
1995 -3,970,952,000
1996 -3,175,701,000
1997 -3,342,107,000
1998 -4,013,582,000
1999 -4,988,238,000
2000 -2,866,088,000
2001 -2,687,382,000
2002 -3,907,145,000
2003 -4,443,892,000
2004 -3,613,881,000
2005 -3,075,431,000
2006 -2,919,769,000
2007 -3,213,512,000
2008 -2,952,202,000
2009 -1,531,709,000
2010 -21,300
2011 72,000
2012 1,233,672,000
2013 1,633,049,000
2014 1,361,577,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts