Costa Rica vs Faroe Islands: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Costa Rica
- Faroe Islands
How they compare
Costa Rica currently reports 100,000 current LCU against 100,000 current LCU in Faroe Islands, a difference of 0 current LCU.
The two have swapped places 11 times across 27 shared years of data; in 1998 it was Costa Rica ahead.
Costa Rica ranks 52nd and Faroe Islands ranks 52nd of 186 countries.
Across the 4 decades both report, Costa Rica averaged higher in 1 and Faroe Islands in 2.
Head to head by decade
| Decade | Costa Rica | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50,000 current LCU | -50,000 current LCU | 100,000 current LCU | Costa Rica |
| 2000s | -10,000 current LCU | -10,000 current LCU | 0 current LCU | — |
| 2010s | 10,000 current LCU | 20,000 current LCU | 10,000 current LCU | Faroe Islands |
| 2020s | -60,000 current LCU | -40,000 current LCU | 20,000 current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Costa Rica or Faroe Islands?
- Costa Rica, at 100,000 current LCU against 100,000 current LCU in Faroe Islands as of 2025.
- What is the difference in discrepancy in expenditure estimate of gdp between Costa Rica and Faroe Islands?
- 0 current LCU, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Costa Rica and Faroe Islands rank globally for discrepancy in expenditure estimate of gdp?
- Costa Rica ranks 52nd and Faroe Islands ranks 52nd of 186 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.