Libya vs United Arab Emirates: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Libya
- United Arab Emirates
How they compare
Libya currently reports 42.74 billion current LCU against 31.19 billion current LCU in United Arab Emirates, a difference of 11.55 billion current LCU.
That makes Libya's figure about 1.4 times United Arab Emirates's.
The two have swapped places 3 times across 23 shared years of data; in 2001 it was Libya ahead.
Libya ranks 18th and United Arab Emirates ranks 19th of 186 countries.
Across the 3 decades both report, Libya averaged higher in 1 and United Arab Emirates in 2.
Head to head by decade
| Decade | Libya | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.61 billion current LCU | 135,481 current LCU | 2.61 billion current LCU | Libya |
| 2010s | -158.03 million current LCU | 40.57 billion current LCU | 40.73 billion current LCU | United Arab Emirates |
| 2020s | 2.86 billion current LCU | 29.48 billion current LCU | 26.62 billion current LCU | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Libya or United Arab Emirates?
- Libya, at 42.74 billion current LCU against 31.19 billion current LCU in United Arab Emirates as of 2025.
- What is the difference in discrepancy in expenditure estimate of gdp between Libya and United Arab Emirates?
- 11.55 billion current LCU, with Libya ahead.
- How many years of comparable data are there for Libya and United Arab Emirates?
- 23 years are reported by both, from 2001 to 2023.
- How do Libya and United Arab Emirates rank globally for discrepancy in expenditure estimate of gdp?
- Libya ranks 18th and United Arab Emirates ranks 19th 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.