Kazakhstan vs Republic of Korea: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Kazakhstan
- Republic of Korea
How they compare
Kazakhstan currently reports 5.07 trillion current LCU against 926.10 billion current LCU in Republic of Korea, a difference of 4.14 trillion current LCU.
That makes Kazakhstan's figure about 5.5 times Republic of Korea's.
The two have swapped places 5 times across 32 shared years of data; in 1993 it was Republic of Korea ahead.
Kazakhstan ranks 6th and Republic of Korea ranks 8th of 186 countries.
Across the 4 decades both report, Kazakhstan averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Kazakhstan | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.25 billion current LCU | 388.31 billion current LCU | 379.06 billion current LCU | Republic of Korea |
| 2000s | 90.42 billion current LCU | 440.70 billion current LCU | 350.28 billion current LCU | Republic of Korea |
| 2010s | 1.26 trillion current LCU | 40.00 million current LCU | 1.26 trillion current LCU | Kazakhstan |
| 2020s | 2.06 trillion current LCU | -95.84 billion current LCU | 2.16 trillion current LCU | Kazakhstan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Kazakhstan or Republic of Korea?
- Kazakhstan, at 5.07 trillion current LCU against 926.10 billion current LCU in Republic of Korea as of 2024.
- What is the difference in discrepancy in expenditure estimate of gdp between Kazakhstan and Republic of Korea?
- 4.14 trillion current LCU, with Kazakhstan ahead.
- How many years of comparable data are there for Kazakhstan and Republic of Korea?
- 32 years are reported by both, from 1993 to 2024.
- How do Kazakhstan and Republic of Korea rank globally for discrepancy in expenditure estimate of gdp?
- Kazakhstan ranks 6th and Republic of Korea ranks 8th 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.