Iraq - 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 Iraq was 21,713,900,000,000 as of 2019. As the graph below shows, over the past 38 years this indicator reached a maximum value of 37,412,200,000,000 in 2012 and a minimum value of -634,688,000 in 1983.

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
1981 203,313,000
1982 -62,285,000
1983 -634,688,000
1984 -371,490,000
1985 -481,990,000
1986 -410,991,000
1987 -300,591,000
1988 -600,290,000
1989 -617,886,000
1990 -448,486,000
1991 1,373,604,000
1992 7,354,313,000
1993 16,038,850,000
1994 87,623,110,000
1995 311,270,000,000
1996 177,053,000,000
1997 5,288,390,000,000
1998 3,353,470,000,000
1999 5,210,880,000,000
2000 9,742,720,000,000
2001 7,206,060,000,000
2002 6,899,230,000,000
2003 3,310,490,000,000
2004 15,176,800,000,000
2005 20,147,200,000,000
2006 15,128,500,000,000
2007 17,474,100,000,000
2008 27,173,800,000,000
2009 19,963,500,000,000
2010 25,013,300,000,000
2011 25,674,200,000,000
2012 37,412,200,000,000
2013 32,081,500,000,000
2014 34,128,200,000,000
2015 11,405,700,000,000
2016 10,381,400,000,000
2017 14,044,600,000,000
2018 19,344,600,000,000
2019 21,713,900,000,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Iraq was -1,118,680,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 21,745,700,000,000 in 2012 and a minimum value of -12,564,700,000,000 in 2015.

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
2007 17,474,100,000,000
2008 21,358,600,000,000
2009 15,083,000,000,000
2010 17,495,000,000,000
2011 16,654,800,000,000
2012 21,745,700,000,000
2013 17,097,600,000,000
2014 8,830,830,000,000
2015 -12,564,700,000,000
2016 -191,236,000,000
2017 1,518,730,000,000
2018 -823,462,000,000
2019 -1,118,680,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts