Ghana vs Libya: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Ghana
- Libya
How they compare
Libya currently reports 42.74 billion current LCU against 13.92 billion current LCU in Ghana, a difference of 28.81 billion current LCU.
That makes Libya's figure about 3.1 times Ghana's.
The two have swapped places 14 times across 35 shared years of data; in 1990 it was Libya ahead.
Ghana ranks 21st and Libya ranks 18th of 185 countries.
Across the 4 decades both report, Ghana averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Ghana | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10 current LCU | 254.81 million current LCU | 254.81 million current LCU | Libya |
| 2000s | 40.66 million current LCU | 2.57 billion current LCU | 2.53 billion current LCU | Libya |
| 2010s | 121.63 million current LCU | -158.03 million current LCU | 279.66 million current LCU | Ghana |
| 2020s | 2.78 billion current LCU | 8.90 billion current LCU | 6.12 billion current LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Ghana or Libya?
- Libya, at 42.74 billion current LCU against 13.92 billion current LCU in Ghana as of 2025.
- What is the difference in discrepancy in expenditure estimate of gdp between Ghana and Libya?
- 28.81 billion current LCU, with Libya ahead.
- How many years of comparable data are there for Ghana and Libya?
- 35 years are reported by both, from 1990 to 2024.
- How do Ghana and Libya rank globally for discrepancy in expenditure estimate of gdp?
- Ghana ranks 21st and Libya ranks 18th of 185 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.