Vietnam - 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 Vietnam was -278,453,000,000,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 59,035,000,000,000 in 2011 and a minimum value of -278,453,000,000,000 in 2020.

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
1989 598,500
1990 -176,999,000,000
1991 113,000,000,000
1992 235,997,000,000
1993 1,815,000,000,000
1994 1,880,000,000,000
1995 346,998,000,000
1996 194,008,000,000
1997 -189,003,000,000
1998 -931,001,000,000
1999 -832,997,000,000
2000 4,806,870,000,000
2001 -2,527,330,000,000
2002 14,316,500,000,000
2003 18,152,900,000,000
2004 47,355,700,000,000
2005 -12,754,000,000,000
2006 -24,179,000,000,000
2007 4,263,000,000,000
2008 10,531,000,000,000
2009 -35,206,000,000,000
2010 -770,000,000,000
2011 59,035,000,000,000
2012 -38,061,000,000,000
2013 -16,015,000,000,000
2014 -85,789,000,000,000
2015 -115,839,000,000,000
2016 -188,752,000,000,000
2017 -196,555,000,000,000
2018 -217,926,000,000,000
2019 -214,803,000,000,000
2020 -278,453,000,000,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in Vietnam was 14,410,000,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 50,979,000,000,000 in 2019 and a minimum value of -74,346,600,000,000 in 2014.

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
2010 -770,331,000,000
2011 21,845,000,000,000
2012 -64,322,800,000,000
2013 -70,637,000,000,000
2014 -74,346,600,000,000
2015 -4,071,000,000,000
2016 -5,689,000,000,000
2017 -1,557,000,000,000
2018 -58,859,000,000,000
2019 50,979,000,000,000
2020 14,410,000,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts