Iraq - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts