Bahrain vs Libya: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Bahrain
- Libya
How they compare
Bahrain currently reports 43.22 million constant LCU against 21.70 million constant LCU in Libya, a difference of 21.52 million constant LCU.
That makes Bahrain's figure about 2.0 times Libya's.
The two have swapped places 6 times across 12 shared years of data; in 2013 it was Libya ahead.
Bahrain ranks 46th and Libya ranks 48th of 153 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bahrain | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -16,114 constant LCU | 1.32 billion constant LCU | 1.32 billion constant LCU | Libya |
| 2020s | 8.73 million constant LCU | 41.48 million constant LCU | 32.75 million constant LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Bahrain or Libya?
- Bahrain, at 43.22 million constant LCU against 21.70 million constant LCU in Libya as of 2024.
- What is the difference in discrepancy in expenditure estimate of gdp between Bahrain and Libya?
- 21.52 million constant LCU, with Bahrain ahead.
- How many years of comparable data are there for Bahrain and Libya?
- 12 years are reported by both, from 2013 to 2024.
- How do Bahrain and Libya rank globally for discrepancy in expenditure estimate of gdp?
- Bahrain ranks 46th and Libya ranks 48th of 153 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.