Vanuatu - 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 Vanuatu was 0 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 5,219,000,000 in 2016 and a minimum value of -8,412,000,000 in 2010.

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
1983 722,000,000
1984 886,000,000
1985 865,000,000
1986 836,000,000
1987 948,000,000
1988 1,024,000,000
1989 1,106,000,000
1990 1,227,000,000
1991 1,392,000,000
1992 1,468,000,000
1993 1,509,000,000
1994 1,681,000,000
1995 1,730,000,000
1996 1,809,000,000
1997 1,956,000,000
1998 -1,117,000,000
1999 -1,152,000,000
2000 -1,206,000,000
2001 -1,319,000,000
2002 109,000,000
2003 1,183,000,000
2004 573,000,000
2005 2,111,000,000
2006 655,000,000
2007 -1,640,000,000
2008 -1,641,000,000
2009 -7,563,000,000
2010 -8,412,000,000
2011 -2,235,000,000
2012 -2,732,000,000
2013 -4,542,000,000
2014 -3,199,000,000
2015 2,503,000,000
2016 5,219,000,000
2017 2,823,000,000
2018 744,000,000
2019 0
2020 0

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Vanuatu was -1,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 6,245,000,000 in 2007 and a minimum value of -3,240,000,000 in 2009.

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
2006 655,000,000
2007 6,245,000,000
2008 215,000,000
2009 -3,240,000,000
2010 -3,084,000,000
2011 -1,068,000,000
2012 1,346,000,000
2013 -1,303,000,000
2014 652,000,000
2015 -754,000,000
2016 -560,000,000
2017 -1,042,000,000
2018 -971,000,000
2019 0
2020 -1,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts