Namibia - 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 Namibia was 320,600 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,428,575,000 in 2005 and a minimum value of -927,307,900 in 2001.

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
1980 -33,773,630
1981 -131,820,700
1982 -146,117,300
1983 -96,994,180
1984 -51,300,960
1985 18,729,070
1986 -43,357,990
1987 -127,265,200
1988 -64,714,250
1989 -138,193,900
1990 204,770,400
1991 71,278,900
1992 211,085,200
1993 190,726,000
1994 277,295,900
1995 311,903,700
1996 329,189,500
1997 679,515,800
1998 465,973,500
1999 672,442,000
2000 720,068,400
2001 -927,307,900
2002 64,040,600
2003 613,763,700
2004 914,047,600
2005 1,428,575,000
2006 -857,310,600
2007 774,858,600
2008 916,216,700
2009 970,004,900
2010 1,195,923,000
2011 1,313,274,000
2012 992,300
2013 282,400
2014 229,000
2015 251,400
2016 275,100
2017 561,200
2018 531,400
2019 402,900
2020 320,600

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Namibia was 6,800 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 9,000 in 2019 and a minimum value of -4,800 in 2017.

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 -2,000
2016 300
2017 -4,800
2018 500
2019 9,000
2020 6,800

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts