South Africa - 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 South Africa was 23,844,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 44,219,760,000 in 2013 and a minimum value of -12,553,520,000 in 1999.

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 68,297,900
1961 18,381,200
1962 33,999,100
1963 139,600,900
1964 161,114,800
1965 214,999,900
1966 191,000,300
1967 309,000,000
1968 105,999,500
1969 329,999,500
1970 338,000,200
1971 -241,999,300
1972 -346,999,200
1973 496,000,500
1974 818,000,800
1975 170,000,600
1976 153,998,800
1977 -1,582,000,000
1978 -834,999,100
1979 -1,862,003,000
1980 -1,796,003,000
1981 -521,002,000
1982 2,030,000,000
1983 -2,337,002,000
1984 -1,797,005,000
1985 -3,275,001,000
1986 -3,924,008,000
1987 -4,068,001,000
1988 -6,563,998,000
1989 -7,743,008,000
1990 -11,189,010,000
1991 -10,262,980,000
1992 -7,129,980,000
1993 -3,621,842,000
1994 -9,453,270,000
1995 -3,665,182,000
1996 -7,816,708,000
1997 -10,053,570,000
1998 -11,821,150,000
1999 -12,553,520,000
2000 -6,761,443,000
2001 -10,326,640,000
2002 4,146,324,000
2003 12,124,610,000
2004 9,644,890,000
2005 8,045,353,000
2006 29,187,980,000
2007 35,180,970,000
2008 8,921,087,000
2009 -3,783,123,000
2010 -71,659,100
2011 18,905,420,000
2012 23,522,490,000
2013 44,219,760,000
2014 23,844,000,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in South Africa was -64,402,700,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 193,787,000,000 in 1974 and a minimum value of -64,402,700,000 in 2014.

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
1960 51,534,450,000
1961 45,757,730,000
1962 48,124,110,000
1963 56,064,360,000
1964 67,667,580,000
1965 101,106,000,000
1966 103,189,000,000
1967 125,105,000,000
1968 119,608,000,000
1969 129,707,000,000
1970 133,441,000,000
1971 134,492,000,000
1972 123,716,000,000
1973 143,203,000,000
1974 193,787,000,000
1975 166,783,000,000
1976 165,327,000,000
1977 126,702,000,000
1978 151,121,000,000
1979 143,832,000,000
1980 125,203,000,000
1981 166,168,000,000
1982 167,857,000,000
1983 71,311,030,000
1984 123,003,000,000
1985 109,856,000,000
1986 133,471,000,000
1987 120,800,000,000
1988 119,460,000,000
1989 105,170,000,000
1990 87,475,320,000
1991 75,563,110,000
1992 53,630,470,000
1993 30,716,020,000
1994 36,442,210,000
1995 27,445,590,000
1996 31,125,120,000
1997 22,062,590,000
1998 13,038,690,000
1999 1,169,773,000
2000 -11,985,090,000
2001 -25,240,910,000
2002 -16,513,860,000
2003 -10,921,030,000
2004 -11,006,940,000
2005 -17,555,330,000
2006 -19,587,290,000
2007 -24,936,030,000
2008 -21,216,210,000
2009 -5,581,902,000
2010 -71,667,700
2011 -5,298,226,000
2012 -280,651,100
2013 -37,421,020,000
2014 -64,402,700,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts