Kuwait vs Paraguay: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Kuwait
- Paraguay
How they compare
Kuwait currently reports 0.099 constant LCU against 0.0078 constant LCU in Paraguay, a difference of 0.0912 constant LCU.
That makes Kuwait's figure about 12.7 times Paraguay's.
The two have swapped places 6 times across 11 shared years of data; in 2014 it was Paraguay ahead.
Kuwait ranks 63rd and Paraguay ranks 64th of 154 countries.
Across the 2 decades both report, Kuwait averaged higher in 1 and Paraguay in 1.
Head to head by decade
| Decade | Kuwait | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0 constant LCU | 0.0026 constant LCU | 0.0026 constant LCU | Paraguay |
| 2020s | 21,580 constant LCU | -0.0016 constant LCU | 21,580 constant LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Kuwait or Paraguay?
- Kuwait, at 0.099 constant LCU against 0.0078 constant LCU in Paraguay as of 2024.
- What is the difference in discrepancy in expenditure estimate of gdp between Kuwait and Paraguay?
- 0.0912 constant LCU, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Paraguay?
- 11 years are reported by both, from 2014 to 2024.
- How do Kuwait and Paraguay rank globally for discrepancy in expenditure estimate of gdp?
- Kuwait ranks 63rd and Paraguay ranks 64th 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.