South Africa - 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 South Africa was -4,334,513,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 75,217,300,000 in 2006 and a minimum value of -24,656,860,000 in 2011.

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 106,000,000
1961 34,000,000
1962 58,000,000
1963 138,000,000
1964 224,000,000
1965 373,000,000
1966 360,000,000
1967 492,000,000
1968 297,000,000
1969 540,000,000
1970 549,000,000
1971 90,000,000
1972 -4,000,000
1973 809,000,000
1974 1,458,000,000
1975 58,000,000
1976 56,000,000
1977 -1,616,000,000
1978 -902,000,000
1979 -1,934,000,000
1980 -1,914,000,000
1981 -156,000,000
1982 1,909,000,000
1983 -3,137,000,000
1984 -1,163,000,000
1985 -4,839,000,000
1986 -6,122,000,000
1987 -7,089,000,000
1988 -9,351,000,000
1989 -10,281,000,000
1990 -13,839,000,000
1991 -12,620,000,000
1992 -8,722,000,000
1993 -1,099,140,000
1994 -6,044,938,000
1995 2,958,900,000
1996 820,490,700
1997 -832,800,600
1998 -896,573,600
1999 -7,338,550,000
2000 1,693,135,000
2001 -598,547,000
2002 28,642,480,000
2003 51,669,910,000
2004 41,207,460,000
2005 67,131,540,000
2006 75,217,300,000
2007 59,293,950,000
2008 1,781,068,000
2009 29,518,830,000
2010 26,891,050,000
2011 -24,656,860,000
2012 -14,347,170,000
2013 -135,300
2014 -45,300
2015 -117,600
2016 -83,400
2017 -86,200
2018 0
2019 1,337,810,000
2020 -4,334,513,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in South Africa was 10,999,880,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 13,009,390,000 in 2019 and a minimum value of -138,100 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 -138,100
2016 4,301,884,000
2017 9,367,421,000
2018 10,308,490,000
2019 13,009,390,000
2020 10,999,880,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts