Faroe Islands vs Uruguay: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Faroe Islands
- Uruguay
How they compare
Uruguay currently reports 200,000 current LCU against 100,000 current LCU in Faroe Islands, a difference of 100,000 current LCU.
That makes Uruguay's figure about 2.0 times Faroe Islands's.
The two have swapped places 15 times across 27 shared years of data; in 1998 it was Uruguay ahead.
Faroe Islands ranks 52nd and Uruguay ranks 51st of 186 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 1 and Uruguay in 3.
Head to head by decade
| Decade | Faroe Islands | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -50,000 current LCU | -100 current LCU | 49,900 current LCU | Uruguay |
| 2000s | -10,000 current LCU | -30 current LCU | 9,970 current LCU | Uruguay |
| 2010s | 20,000 current LCU | 110 current LCU | 19,890 current LCU | Faroe Islands |
| 2020s | -40,000 current LCU | 0 current LCU | 40,000 current LCU | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Faroe Islands or Uruguay?
- Uruguay, at 200,000 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 Faroe Islands and Uruguay?
- 100,000 current LCU, with Uruguay ahead.
- How many years of comparable data are there for Faroe Islands and Uruguay?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Uruguay rank globally for discrepancy in expenditure estimate of gdp?
- Faroe Islands ranks 52nd and Uruguay ranks 51st 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.