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

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Korea was 2,748,000,000,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 2,748,000,000,000 in 2020 and a minimum value of 100,000,000 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
2015 100,000,000
2016 327,200,000,000
2017 2,091,700,000,000
2018 1,385,200,000,000
2019 789,500,000,000
2020 2,748,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts