Saudi Arabia - 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 Saudi Arabia was -248,011 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 612,500 in 2015 and a minimum value of -527,200 in 2016.

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
1968 196,600
1969 115,800
1970 2,025
1971 2,631
1972 3,755
1973 1,886
1974 2,887
1975 190
1976 -4,542
1977 2,007
1978 3,374
1979 4,821
1980 -2,214
1981 -4,491
1982 1,732
1983 -2,984
1984 1,799
1985 0
1986 0
1987 0
1988 0
1989 0
1990 -330,719
1991 -373,100
1992 279,400
1993 -412,700
1994 394,500
1995 -7,400
1996 83,300
1997 -137,500
1998 257,800
1999 -300,000
2000 60,400
2001 -180,800
2002 3,000
2003 3,600
2004 3,100
2005 2,300
2006 -4,500
2007 400
2008 4,200
2009 -3,100
2010 0
2011 0
2012 0
2013 0
2014 100
2015 612,500
2016 -527,200
2017 562,000
2018 -218,600
2019 -200
2020 -248,011

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Saudi Arabia was 50,463 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 93,400 in 2012 and a minimum value of -1,290,100 in 2016.

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
2010 0
2011 -368,600
2012 93,400
2013 -509,300
2014 -621,300
2015 -280,000
2016 -1,290,100
2017 -613,800
2018 -328,300
2019 -100
2020 50,463

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts