Norway - 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 Norway was -1,000,000.00 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 2,000,000.00 in 1991 and a minimum value of -3,000,000.00 in 1971.

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 2,000,000.00
1971 -3,000,000.00
1972 -1,000,000.00
1973 0.00
1974 0.00
1975 0.00
1976 0.00
1977 0.00
1978 0.00
1979 0.00
1980 0.00
1981 0.00
1982 0.00
1983 0.00
1984 0.00
1985 0.00
1986 0.00
1987 0.00
1988 0.00
1989 0.00
1990 1,000,000.00
1991 2,000,000.00
1992 0.00
1993 0.00
1994 0.00
1995 0.00
1996 0.00
1997 0.00
1998 0.00
1999 0.00
2000 1,000,000.00
2001 0.00
2002 0.00
2003 0.00
2004 0.00
2005 0.00
2006 0.00
2007 0.00
2008 0.00
2009 0.00
2010 -1,000,000.00

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Norway was -12,329,000,000.00 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 36,205,000,000.00 in 1984 and a minimum value of -14,281,000,000.00 in 2009.

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 7,652,000,000.00
1971 6,267,000,000.00
1972 12,953,000,000.00
1973 10,470,000,000.00
1974 9,755,000,000.00
1975 9,838,000,000.00
1976 7,200,000,000.00
1977 7,651,000,000.00
1978 20,782,000,000.00
1979 23,739,000,000.00
1980 27,067,000,000.00
1981 27,581,000,000.00
1982 22,291,000,000.00
1983 31,793,000,000.00
1984 36,205,000,000.00
1985 35,481,000,000.00
1986 28,864,000,000.00
1987 36,136,000,000.00
1988 33,169,000,000.00
1989 23,338,000,000.00
1990 17,376,000,000.00
1991 17,014,000,000.00
1992 17,517,000,000.00
1993 16,390,000,000.00
1994 12,003,000,000.00
1995 10,152,000,000.00
1996 -484,000,000.00
1997 -8,727,000,000.00
1998 -8,766,000,000.00
1999 -8,372,000,000.00
2000 -7,836,000,000.00
2001 -8,269,000,000.00
2002 -6,522,000,000.00
2003 -4,142,000,000.00
2004 -1,086,000,000.00
2005 0.00
2006 0.00
2007 -765,000,000.00
2008 -1,374,000,000.00
2009 -14,281,000,000.00
2010 -12,329,000,000.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts