Somalia - 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 Somalia was 16,384 as of 1990. As the graph below shows, over the past 30 years this indicator reached a maximum value of 998,400 in 1980 and a minimum value of -1,000,960 in 1981.

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
1960	808
1961	400
1962	576
1963	784
1964	1,040
1965	-128
1966	-32
1967	0
1968	0
1969	1,056
1970	1,184
1971	-992
1972	-1,280
1973	0
1974	-1,312
1975	2,368
1976	-97,568
1977	-99,072
1978	-3,968
1979	0
1980	998,400
1981	-1,000,960
1982	20,480
1983	9,728
1984	-12,288
1985	1,536
1986	-11,776
1987	-5,120
1988	-40,960
1989	-8,192
1990	16,384

Discrepancy in expenditure estimate of GDP (constant LCU)

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
2017	129,560,000,000,000
2018	139,509,000,000,000
2019	150,784,000,000,000
2020	154,463,000,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts