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 175,600,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 8,613,300,000 in 2018 and a minimum value of -3,619,800,000 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 115,800,000
1961 86,300,000
1962 -41,100,000
1963 117,400,000
1964 -39,400,000
1965 4,500,000
1966 -53,600,000
1967 -17,000,000
1968 -120,100,000
1969 99,700,000
1970 108,800,000
1971 134,400,000
1972 96,600,000
1973 -232,300,000
1974 -20,600,000
1975 -5,000,000
1976 -189,300,000
1977 -288,100,000
1978 -170,200,000
1979 -55,600,000
1980 452,300,000
1981 400,000,000
1982 -307,000,000
1983 -557,500,000
1984 -367,500,000
1985 185,800,000
1986 635,300,000
1987 851,400,000
1988 380,400,000
1989 -391,900,000
1990 140,400,000
1991 255,500,000
1992 160,900,000
1993 272,000,000
1994 -249,000,000
1995 269,000,000
1996 -1,073,600,000
1997 -2,139,500,000
1998 -2,771,900,000
1999 -1,437,800,000
2000 214,200,000
2001 -3,154,300,000
2002 -2,523,000,000
2003 -3,619,800,000
2004 -3,090,000,000
2005 -2,426,700,000
2006 -2,607,500,000
2007 -650,000,000
2008 -2,423,400,000
2009 282,200,000
2010 0
2011 -355,700,000
2012 1,279,200,000
2013 -658,100,000
2014 -339,800,000
2015 0
2016 2,566,600,000
2017 4,081,200,000
2018 8,613,300,000
2019 5,772,400,000
2020 175,600,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts