Lebanon - 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 Lebanon was -10,320,400,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 819,684,000,000 in 1991 and a minimum value of -10,320,400,000,000 in 2020.

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
1990 293,589,000,000
1991 819,684,000,000
1992 0
1993 0
1994 0
1995 -100
1996 0
1997 0
1998 0
1999 0
2000 0
2001 0
2002 0
2003 0
2004 0
2005 0
2006 0
2007 0
2008 0
2009 0
2010 0
2011 0
2012 0
2013 0
2014 0
2015 0
2016 0
2017 0
2018 0
2019 0
2020 -10,320,400,000,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Lebanon was -1,102,980,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 1,152,330,000,000 in 2018 and a minimum value of -1,102,980,000,000 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
2010 0
2011 0
2012 171,925,000,000
2013 117,015,000,000
2014 312,982,000,000
2015 299,812,000,000
2016 674,268,000,000
2017 752,756,000,000
2018 1,152,330,000,000
2019 1,110,920,000,000
2020 -1,102,980,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts