New Caledonia - 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 New Caledonia was -40,000,000 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 24,125 in 2008 and a minimum value of -4,696,289,000 in 1990.

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.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts