Kuwait - 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 Kuwait was 0 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 11,200,000 in 2011 and a minimum value of -145,399,800 in 1992.

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
1965 0
1966 0
1967 0
1968 0
1969 0
1970 -100,000
1971 -100
1972 0
1973 -100,000
1974 -100
1975 0
1976 100
1977 -299,900
1978 -100,000
1979 -400
1980 300
1981 -99,800
1982 -300
1983 0
1984 -200
1985 -10,400
1986 -10,400
1987 0
1988 -9,800
1989 200,300
1990 0
1991 -71,399,900
1992 -145,399,800
1993 -400,100
1994 500,000
1995 0
1996 100,000
1997 0
1998 -100,000
1999 0
2000 0
2001 0
2002 0
2003 0
2004 0
2005 100,000
2006 0
2007 0
2008 0
2009 0
2010 100,000
2011 11,200,000
2012 100,000
2013 100,000
2014 -700,000
2015 -700,000
2016 700,000
2017 0
2018 -100
2019 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Kuwait was -73,552,220 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 100,000 in 2017 and a minimum value of -460,644,200 in 2018.

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
2010 100,000
2011 100,000
2012 -100,000
2013 -100,000
2014 0
2015 100,000
2016 0
2017 100,000
2018 -460,644,200
2019 -73,552,220

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts