Kiribati vs Libya: Discrepancy in expenditure estimate of GDP

Kiribati
6.50 million constant LCU
in 2024
Libya
21.70 million constant LCU
in 2025
Kiribati rank
50th
Libya rank
48th

Discrepancy in expenditure estimate of GDP over time

  • Kiribati
  • Libya
-2.0B02.0B4.0B6.0B201320192025

How they compare

Libya currently reports 21.70 million constant LCU against 6.50 million constant LCU in Kiribati, a difference of 15.20 million constant LCU.

That makes Libya's figure about 3.3 times Kiribati's.

The two have swapped places 3 times across 6 shared years of data; in 2019 it was Kiribati ahead.

Kiribati ranks 50th and Libya ranks 48th of 154 countries.

Across the 2 decades both report, Kiribati averaged higher in 1 and Libya in 1.

Head to head by decade

Decade Kiribati Libya Difference Ahead
2010s -605,913 constant LCU -1.04 billion constant LCU 1.04 billion constant LCU Kiribati
2020s 611,136 constant LCU 41.48 million constant LCU 40.87 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, Kiribati or Libya?
Libya, at 21.70 million constant LCU against 6.50 million constant LCU in Kiribati as of 2025.
What is the difference in discrepancy in expenditure estimate of gdp between Kiribati and Libya?
15.20 million constant LCU, with Libya ahead.
How many years of comparable data are there for Kiribati and Libya?
6 years are reported by both, from 2019 to 2024.
How do Kiribati and Libya rank globally for discrepancy in expenditure estimate of gdp?
Kiribati ranks 50th and Libya ranks 48th 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

Share, cite or embed this page

Cite this page

Kiribati vs Libya: Discrepancy in expenditure estimate of GDP. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/discrepancy-in-expenditure-estimate-of-gdp-constant-lcu/kiribati/libya/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/discrepancy-in-expenditure-estimate-of-gdp-constant-lcu/kiribati/libya/">Kiribati vs Libya: Discrepancy in expenditure estimate of GDP</a> — Statizoid

About this data

Indicator
Discrepancy in expenditure estimate of GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
154 places, 3,079 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 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.