Greenland vs Latvia: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Greenland
- Latvia
How they compare
Greenland currently reports 0 current LCU against 0 current LCU in Latvia, a difference of 0 current LCU.
The two have swapped places 9 times across 21 shared years of data; in 2003 it was Latvia ahead.
Greenland ranks 76th and Latvia ranks 77th of 186 countries.
Across the 3 decades both report, Greenland averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Greenland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -42,857 current LCU | -142.86 current LCU | 42,714 current LCU | Latvia |
| 2010s | 20,000 current LCU | 300 current LCU | 19,700 current LCU | Greenland |
| 2020s | -50,000 current LCU | 250 current LCU | 50,250 current LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Greenland or Latvia?
- Greenland, at 0 current LCU against 0 current LCU in Latvia as of 2023.
- What is the difference in discrepancy in expenditure estimate of gdp between Greenland and Latvia?
- 0 current LCU, with Greenland ahead.
- How many years of comparable data are there for Greenland and Latvia?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and Latvia rank globally for discrepancy in expenditure estimate of gdp?
- Greenland ranks 76th and Latvia ranks 77th 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.