Singapore - 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 Singapore was 4,439,800,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 5,750,400,000 in 2012 and a minimum value of -3,365,100,000 in 2003.

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
1960 114,900,000
1961 85,300,000
1962 -42,200,000
1963 116,200,000
1964 -40,700,000
1965 3,100,000
1966 -55,200,000
1967 -18,900,000
1968 -122,200,000
1969 97,100,000
1970 105,500,000
1971 130,600,000
1972 91,900,000
1973 -239,200,000
1974 -32,300,000
1975 -5,000,000
1976 -190,100,000
1977 -290,100,000
1978 -172,600,000
1979 -59,800,000
1980 447,400,000
1981 394,000,000
1982 -316,800,000
1983 -574,800,000
1984 -394,200,000
1985 115,500,000
1986 562,300,000
1987 775,600,000
1988 233,200,000
1989 -570,700,000
1990 30,800,000
1991 146,200,000
1992 91,000,000
1993 245,400,000
1994 -194,800,000
1995 450,100,000
1996 -787,700,000
1997 -1,920,000,000
1998 -2,608,500,000
1999 -517,400,000
2000 885,600,000
2001 -1,992,600,000
2002 -2,057,500,000
2003 -3,365,100,000
2004 -3,159,600,000
2005 -1,093,300,000
2006 1,060,200,000
2007 2,638,700,000
2008 -888,900,000
2009 2,909,200,000
2010 0
2011 3,098,300,000
2012 5,750,400,000
2013 3,881,100,000
2014 4,439,800,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Singapore was 4,826,100,000 as of 2014. As the graph below shows, over the past 39 years this indicator reached a maximum value of 8,071,400,000 in 1994 and a minimum value of -3,662,300,000 in 1980.

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
1975 -3,529,100,000
1976 -3,353,600,000
1977 -2,641,300,000
1978 -2,762,900,000
1979 -3,407,000,000
1980 -3,662,300,000
1981 -2,141,900,000
1982 -2,328,400,000
1983 -2,327,800,000
1984 -1,547,800,000
1985 -553,400,000
1986 -429,700,000
1987 364,000,000
1988 1,888,400,000
1989 2,828,000,000
1990 3,067,300,000
1991 3,565,800,000
1992 4,674,300,000
1993 4,100,600,000
1994 8,071,400,000
1995 5,203,900,000
1996 4,978,500,000
1997 3,496,800,000
1998 5,413,600,000
1999 3,462,100,000
2000 883,800,000
2001 -1,152,800,000
2002 -2,874,000,000
2003 2,096,300,000
2004 -97,800,000
2005 2,001,300,000
2006 3,509,000,000
2007 1,931,700,000
2008 5,808,400,000
2009 2,093,100,000
2010 0
2011 -673,300,000
2012 757,500,000
2013 1,020,900,000
2014 4,826,100,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts