Faroe Islands vs Timor-Leste: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Faroe Islands
- Timor-Leste
How they compare
Timor-Leste currently reports 345,815 current LCU against 100,000 current LCU in Faroe Islands, a difference of 245,815 current LCU.
That makes Timor-Leste's figure about 3.5 times Faroe Islands's.
The two have swapped places 14 times across 25 shared years of data; in 2000 it was Timor-Leste ahead.
Faroe Islands ranks 52nd and Timor-Leste ranks 50th of 186 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Timor-Leste in 2.
Head to head by decade
| Decade | Faroe Islands | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -10,000 current LCU | -0 current LCU | 10,000 current LCU | Timor-Leste |
| 2010s | 20,000 current LCU | -20 current LCU | 20,020 current LCU | Faroe Islands |
| 2020s | -40,000 current LCU | 69,163 current LCU | 109,163 current LCU | Timor-Leste |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Faroe Islands or Timor-Leste?
- Timor-Leste, at 345,815 current LCU against 100,000 current LCU in Faroe Islands as of 2024.
- What is the difference in discrepancy in expenditure estimate of gdp between Faroe Islands and Timor-Leste?
- 245,815 current LCU, with Timor-Leste ahead.
- How many years of comparable data are there for Faroe Islands and Timor-Leste?
- 25 years are reported by both, from 2000 to 2024.
- How do Faroe Islands and Timor-Leste rank globally for discrepancy in expenditure estimate of gdp?
- Faroe Islands ranks 52nd and Timor-Leste ranks 50th 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.