Discrepancy in expenditure estimate of GDP in China

China: Discrepancy in expenditure estimate of GDP was -121.41 billion current LCU in 2024. ◆ Volatile

Latest (2024)
-121.41 billion current LCU
Change on year
down 297.8%
World rank
179th
of 185 countries
All-time high
428.83 billion current LCU
in 2021
All-time low
-565.13 billion current LCU
in 2020
Years of data
65
1960–2024

Discrepancy in expenditure estimate of GDP in China, 1960–2024

-600.0B-400.0B-200.0B0200.0B400.0B196019922024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

China recorded -121.41 billion current LCU for discrepancy in expenditure estimate of gdp in 2024.

Compared with earlier readings it is down 297.8% on the previous year and up 26.4% over ten years.

Over the whole period, discrepancy in expenditure estimate of gdp in China peaked at 428.83 billion current LCU in 2021 and was at its lowest, -565.13 billion current LCU, in 2020.

China ranks 179th of 185 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.57 billion current LCU -4.78 billion current LCU 10.16 billion current LCU 10
1970s 7.94 billion current LCU 2.68 billion current LCU 10.01 billion current LCU 10
1980s -667.73 million current LCU -4.79 billion current LCU 9.08 billion current LCU 10
1990s 3.39 billion current LCU -14.40 billion current LCU 25.17 billion current LCU 10
2000s 16.39 billion current LCU -66.21 billion current LCU 95.44 billion current LCU 10
2010s 56.05 billion current LCU -246.46 billion current LCU 362.82 billion current LCU 10
2020s 25.34 billion current LCU -565.13 billion current LCU 428.83 billion current LCU 5

Countries ranked near China

  1. 176 Tunisia -11.38 billion current LCU compare
  2. 177 Guyana -12.45 billion current LCU compare
  3. 178 South Africa -38.57 billion current LCU compare
  4. 180 Thailand -202.31 billion current LCU compare
  5. 181 Bangladesh -465.77 billion current LCU compare
  6. 182 India -1.04 trillion current LCU compare

See the full ranking of 185 places →

More economy & growth data for China

All data for China →

Frequently asked questions

What is discrepancy in expenditure estimate of gdp in China?
Discrepancy in expenditure estimate of gdp in China was -121.41 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest discrepancy in expenditure estimate of gdp recorded in China?
The highest recorded value was 428.83 billion current LCU in 2021.
What is the lowest discrepancy in expenditure estimate of gdp recorded in China?
The lowest recorded value was -565.13 billion current LCU in 2020.
How does China rank for discrepancy in expenditure estimate of gdp?
China ranks 179th out of 185 countries with data for 2024.
Is discrepancy in expenditure estimate of gdp rising or falling in China?
Over the last ten years it is up 26.4%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Discrepancy in expenditure estimate of GDP (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,481 data points, 1960–2025
Last refreshed

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.