Vanuatu - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts