Chile - 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 Chile was 2 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 34,725,370,000 in 1985 and a minimum value of -682,407,000,000 in 1995.

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 -11,589
1961 -18,902
1962 -17,715
1963 -43,675
1964 -56,496
1965 -63,374
1966 -79,466
1967 -115,154
1968 -207,267
1969 -185,714
1970 -429,126
1971 -739,068
1972 -1,309,991
1973 -4,951,822
1974 -53,105,830
1975 -151,396,900
1976 -130,986,600
1977 -1,157,375,000
1978 -3,082,902,000
1979 -2,946,329,000
1980 -5,260,285,000
1981 -12,732,070,000
1982 -366,652,100
1983 -2,985,670,000
1984 -16,249,480,000
1985 34,725,370,000
1986 17,803,010,000
1987 12,874,390,000
1988 5,521,790,000
1989 -35,694,550,000
1990 -81,805,620,000
1991 -140,545,000,000
1992 -279,746,000,000
1993 -446,161,000,000
1994 -485,737,000,000
1995 -682,407,000,000
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 -3
2014 -1
2015 410
2016 1
2017 0
2018 -1
2019 1
2020 2

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Chile was -1,675,820,000,000 as of 2020. As the graph below shows, over the past 7 years this indicator reached a maximum value of 1,357,290,000,000 in 2018 and a minimum value of -1,675,820,000,000 in 2020.

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
2013 1,132,300,000,000
2014 -818,000,000,000
2015 67,173,340,000
2016 -677,279,000,000
2017 551,263,000,000
2018 1,357,290,000,000
2019 458,922,000,000
2020 -1,675,820,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts