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 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 216,317,000 in 1972 and a minimum value of -1,199,624,000 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 62,381,000
1971 41,879,000
1972 216,317,000
1973 -13,965,000
1974 -579,081,000
1975 -401,814,000
1976 -667,623,000
1977 -806,521,000
1978 -1,017,790,000
1979 -1,146,456,000
1980 -1,199,624,000
1981 -814,389,000
1982 -746,299,000
1983 -193,329,000
1984 -308,599,000
1985 -147,164,000
1986 123,914,000
1987 -81,889,000
1988 -294,116,000
1989 -625,094,000
1990 -881,780,000
1991 -643,840,000
1992 -458,554,000
1993 -173,759,000
1994 -96,715,000
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
2017 0
2018 -100,000
2019 0
2020 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Belgium was 0 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,288,849,000 in 1974 and a minimum value of -268,831,000 in 1970.

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 -268,831,000
1971 82,709,000
1972 151,599,000
1973 602,026,000
1974 1,288,849,000
1975 62,902,000
1976 66,448,000
1977 66,902,000
1978 68,772,000
1979 70,412,000
1980 0
1981 0
1982 0
1983 0
1984 0
1985 0
1986 0
1987 0
1988 0
1989 0
1990 0
1991 0
1992 0
1993 0
1994 0
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
2017 0
2018 0
2019 0
2020 0

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts