Chile vs Iraq: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Chile
- Iraq
How they compare
Iraq currently reports 21.03 trillion constant LCU against 1.60 trillion constant LCU in Chile, a difference of 19.43 trillion constant LCU.
That makes Iraq's figure about 13.1 times Chile's.
The two have swapped places 2 times across 7 shared years of data; in 2018 it was Iraq ahead.
Chile ranks 5th and Iraq ranks 2nd of 154 countries.
Iraq has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Chile | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -457.16 million constant LCU | 1.98 trillion constant LCU | 1.98 trillion constant LCU | Iraq |
| 2020s | 141.25 billion constant LCU | 13.33 trillion constant LCU | 13.19 trillion constant LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Chile or Iraq?
- Iraq, at 21.03 trillion constant LCU against 1.60 trillion constant LCU in Chile as of 2024.
- What is the difference in discrepancy in expenditure estimate of gdp between Chile and Iraq?
- 19.43 trillion constant LCU, with Iraq ahead.
- How many years of comparable data are there for Chile and Iraq?
- 7 years are reported by both, from 2018 to 2024.
- How do Chile and Iraq rank globally for discrepancy in expenditure estimate of gdp?
- Chile ranks 5th and Iraq ranks 2nd of 154 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.