West Bank and Gaza - 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 West Bank and Gaza was -142,700,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 293,300,000 in 2012 and a minimum value of -142,700,000 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
1994 10,700,000
1995 22,500,000
1996 -15,500,000
1997 2,900,000
1998 11,600,000
1999 18,900,000
2000 -600,000
2001 18,000,000
2002 -2,600,000
2003 -11,800,000
2004 136,800,000
2005 73,500,000
2006 142,900,000
2007 170,600,000
2008 209,300,000
2009 286,900,000
2010 131,500,000
2011 151,400,000
2012 293,300,000
2013 -78,500,000
2014 -111,800,000
2015 25,400,000
2016 20,200,000
2017 0
2018 44,200,000
2019 76,200,000
2020 -142,700,000

Discrepancy in expenditure estimate of GDP (constant LCU)

The value for Discrepancy in expenditure estimate of GDP (constant LCU) in West Bank and Gaza was -127,700,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of 145,000,000 in 2018 and a minimum value of -228,500,000 in 2016.

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
2015 25,400,000
2016 -228,500,000
2017 132,000,000
2018 145,000,000
2019 68,700,000
2020 -127,700,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts