Libya vs Zambia: Discrepancy in expenditure estimate of GDP
Discrepancy in expenditure estimate of GDP over time
- Libya
- Zambia
How they compare
Zambia currently reports 53.45 billion current LCU against 42.74 billion current LCU in Libya, a difference of 10.72 billion current LCU.
That makes Zambia's figure about 1.3 times Libya's.
The two have swapped places 2 times across 15 shared years of data; in 2010 it was Zambia ahead.
Libya ranks 18th and Zambia ranks 16th of 186 countries.
Zambia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Libya | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -158.03 million current LCU | 6.01 billion current LCU | 6.17 billion current LCU | Zambia |
| 2020s | 8.90 billion current LCU | 31.23 billion current LCU | 22.33 billion current LCU | Zambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Libya or Zambia?
- Zambia, at 53.45 billion current LCU against 42.74 billion current LCU in Libya as of 2024.
- What is the difference in discrepancy in expenditure estimate of gdp between Libya and Zambia?
- 10.72 billion current LCU, with Zambia ahead.
- How many years of comparable data are there for Libya and Zambia?
- 15 years are reported by both, from 2010 to 2024.
- How do Libya and Zambia rank globally for discrepancy in expenditure estimate of gdp?
- Libya ranks 18th and Zambia ranks 16th 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.