Belgium - 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 Belgium was 0 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 181,684,000 in 1972 and a minimum value of -1,310,149,000 in 1980.

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
1970 35,325,600
1971 7,255,200
1972 181,684,000
1973 -48,072,200
1974 -610,720,700
1975 -468,389,700
1976 -733,667,100
1977 -890,748,900
1978 -1,119,752,000
1979 -1,242,788,000
1980 -1,310,149,000
1981 -908,201,800
1982 -820,094,000
1983 -238,676,000
1984 -322,753,700
1985 -174,142,800
1986 68,775,500
1987 -154,046,000
1988 -322,749,700
1989 -612,298,200
1990 -893,237,800
1991 -675,082,900
1992 -495,565,700
1993 -233,700,400
1994 -121,747,000
1995 0
1996 0
1997 0
1998 0
1999 0
2000 0
2001 0
2002 0
2003 0
2004 0
2005 0
2006 0
2007 0
2008 0
2009 0
2010 0
2011 0
2012 0
2013 0
2014 0
2015 0
2016 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Belgium was -547,347,300 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 56,141,800 in 2013 and a minimum value of -6,960,348,000 in 1979.

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
1970 -3,023,623,000
1971 -2,773,549,000
1972 -2,609,043,000
1973 -3,265,637,000
1974 -2,907,952,000
1975 -4,439,847,000
1976 -4,354,934,000
1977 -5,382,833,000
1978 -6,155,460,000
1979 -6,960,348,000
1980 -5,899,903,000
1981 -4,384,300,000
1982 -3,977,218,000
1983 -2,818,072,000
1984 -2,573,680,000
1985 -2,757,115,000
1986 -3,319,422,000
1987 -3,796,391,000
1988 -3,887,247,000
1989 -4,313,910,000
1990 -4,449,342,000
1991 -4,450,320,000
1992 -4,614,775,000
1993 -4,608,391,000
1994 -3,980,509,000
1995 -3,718,470,000
1996 -3,501,197,000
1997 -2,728,878,000
1998 -2,657,820,000
1999 -2,452,470,000
2000 -1,586,612,000
2001 -1,722,347,000
2002 -1,548,904,000
2003 -1,525,879,000
2004 -1,067,038,000
2005 -601,495,200
2006 -401,330,100
2007 -150,699,200
2008 -177,041,900
2009 -202,252,600
2010 0
2011 -33,414,500
2012 -3,815,000
2013 56,141,800
2014 -235,575,400
2015 -356,117,900
2016 -547,347,300

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts