Cyprus vs Namibia: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Cyprus
- Namibia
How they compare
Namibia currently reports -27,717 current LCU against -34,000 current LCU in Cyprus, a difference of 6,283 current LCU.
The two have swapped places 9 times across 46 shared years of data; in 1980 it was Cyprus ahead.
Globally, Cyprus ranks 137th and Namibia ranks 136th of 185 countries.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.