Georgia - Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Georgia was -890,385,600 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 200,000 in 2016 and a minimum value of -890,385,600 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
2015 0
2016 200,000
2017 -70,900,000
2018 -27,590,800
2019 -42,305,700
2020 -890,385,600

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts