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 24,619,000,000 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 28,333,000,000 in 2006 and a minimum value of -13,839,000,000 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.

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 -3,605,000,000
1994 -9,532,000,000
1995 -3,746,000,000
1996 -7,873,000,000
1997 -10,298,000,000
1998 -12,051,000,000
1999 -12,929,000,000
2000 -7,025,000,000
2001 -11,655,000,000
2002 4,147,000,000
2003 12,125,000,000
2004 9,644,000,000
2005 8,045,000,000
2006 28,333,000,000
2007 22,199,000,000
2008 -4,801,000,000
2009 -12,110,000,000
2010 -74,000,000
2011 1,238,000,000
2012 8,600,001,000
2013 -356,000,000
2014 10,460,000,000
2015 16,161,000,000
2016 24,619,000,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in South Africa was -5,551,000,000 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 200,956,000,000 in 1974 and a minimum value of -44,030,000,000 in 2008.

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
1960 70,907,000,000
1961 57,113,000,000
1962 60,716,000,000
1963 66,386,000,000
1964 88,107,000,000
1965 103,949,000,000
1966 105,531,000,000
1967 130,151,000,000
1968 122,957,000,000
1969 133,737,000,000
1970 138,416,000,000
1971 142,387,000,000
1972 125,854,000,000
1973 146,434,000,000
1974 200,956,000,000
1975 170,334,000,000
1976 166,110,000,000
1977 126,340,000,000
1978 147,863,000,000
1979 142,762,000,000
1980 125,418,000,000
1981 171,353,000,000
1982 163,095,000,000
1983 65,612,000,000
1984 118,876,000,000
1985 102,636,000,000
1986 131,400,000,000
1987 122,241,000,000
1988 116,340,000,000
1989 105,786,000,000
1990 83,723,000,000
1991 75,925,000,000
1992 52,222,000,000
1993 28,464,000,000
1994 34,630,000,000
1995 24,445,000,000
1996 37,215,000,000
1997 30,258,000,000
1998 10,642,000,000
1999 -1,477,000,000
2000 -15,381,000,000
2001 -27,020,000,000
2002 -16,711,000,000
2003 -11,253,000,000
2004 -11,243,000,000
2005 -17,815,000,000
2006 -25,704,000,000
2007 -43,492,000,000
2008 -44,030,000,000
2009 -14,721,000,000
2010 -74,000,000
2011 9,342,000,000
2012 411,000,000
2013 -7,850,000,000
2014 -3,156,000,000
2015 -37,000,000
2016 -5,551,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts