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 23,598,000,000.00 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 23,598,000,000.00 in 2011 and a minimum value of -27,626,000,000.00 in 2009.

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 68,298,000.00
1961 18,381,170.00
1962 33,999,160.00
1963 139,600,900.00
1964 161,114,800.00
1965 214,999,900.00
1966 191,000,300.00
1967 309,000,000.00
1968 105,999,500.00
1969 329,999,600.00
1970 338,000,200.00
1971 -241,999,300.00
1972 -346,999,100.00
1973 496,000,400.00
1974 818,000,600.00
1975 170,000,500.00
1976 153,998,800.00
1977 -1,582,000,000.00
1978 -834,999,100.00
1979 -1,862,003,000.00
1980 -1,796,003,000.00
1981 -521,002,000.00
1982 2,030,000,000.00
1983 -2,337,002,000.00
1984 -1,797,004,000.00
1985 -3,275,001,000.00
1986 -3,924,008,000.00
1987 -4,068,001,000.00
1988 -6,563,998,000.00
1989 -7,743,008,000.00
1990 -11,189,010,000.00
1991 -10,262,980,000.00
1992 -7,129,980,000.00
1993 -3,708,001,000.00
1994 -4,709,001,000.00
1995 1,303,031,000.00
1996 -1,030,981,000.00
1997 386,971,500.00
1998 -1,820,031,000.00
1999 -4,935,004,000.00
2000 1,014,272.00
2001 -3,354,947,000.00
2002 -3,646,986,000.00
2003 -3,993,000,000.00
2004 -1,292,000,000.00
2005 -164,000,000.00
2006 -1,560,000,000.00
2007 -1,603,000,000.00
2008 -25,023,000,000.00
2009 -27,626,000,000.00
2010 6,047,000,000.00
2011 23,598,000,000.00

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in South Africa was -7,939,000,000.00 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 140,393,000,000.00 in 1974 and a minimum value of -7,939,000,000.00 in 2011.

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 43,627,160,000.00
1961 40,016,110,000.00
1962 42,562,660,000.00
1963 49,792,380,000.00
1964 59,192,540,000.00
1965 81,774,000,000.00
1966 81,442,000,000.00
1967 98,135,000,000.00
1968 93,546,000,000.00
1969 100,245,000,000.00
1970 103,833,000,000.00
1971 105,636,000,000.00
1972 95,878,000,000.00
1973 106,838,000,000.00
1974 140,393,000,000.00
1975 120,253,000,000.00
1976 117,627,000,000.00
1977 91,591,000,000.00
1978 107,955,000,000.00
1979 103,289,000,000.00
1980 91,559,000,000.00
1981 116,802,000,000.00
1982 111,503,000,000.00
1983 44,249,000,000.00
1984 78,776,000,000.00
1985 71,281,000,000.00
1986 84,716,000,000.00
1987 75,968,000,000.00
1988 78,153,000,000.00
1989 68,235,000,000.00
1990 53,133,000,000.00
1991 45,134,000,000.00
1992 33,125,000,000.00
1993 21,324,000,000.00
1994 23,159,000,000.00
1995 21,690,000,000.00
1996 32,936,000,000.00
1997 31,275,000,000.00
1998 19,852,000,000.00
1999 8,157,000,000.00
2000 2,081,000,000.00
2001 -5,784,000,000.00
2002 -2,262,000,000.00
2003 1,239,000,000.00
2004 -1,930,000,000.00
2005 -164,000,000.00
2006 1,595,000,000.00
2007 -219,000,000.00
2008 4,188,000,000.00
2009 4,542,000,000.00
2010 9,075,000,000.00
2011 -7,939,000,000.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts