Venezuela - 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 Venezuela was 0 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 951,188,600 in 1996 and a minimum value of -47,231,200 in 1983.

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 -3,345,800
1961 -3,060,700
1962 -3,762,000
1963 -3,766,200
1964 -4,721,800
1965 -4,808,100
1966 -5,413,800
1967 -4,978,900
1968 -5,890,500
1969 -6,794,700
1970 -5,794,400
1971 -7,210,300
1972 -8,558,700
1973 -10,451,900
1974 -12,404,300
1975 -16,507,400
1976 -20,500,300
1977 -26,025,900
1978 -30,574,000
1979 -31,572,300
1980 -33,976,600
1981 -38,870,800
1982 -37,939,500
1983 -47,231,200
1984 27,428,700
1985 30,222,900
1986 12,941,800
1987 38,936,000
1988 26,071,200
1989 48,802,800
1990 73,647,400
1991 98,147,300
1992 133,496,200
1993 176,226,200
1994 280,311,700
1995 442,211,000
1996 951,188,600
1997 0
1998 0
1999 0
2000 0
2001 0
2002 0
2003 0
2004 0
2005 0
2006 0
2007 0
2008 0
2009 0
2010 0
2011 0
2012 0
2013 0
2014 0

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
2011 0.000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts