Libya vs South Africa: Discrepancy in expenditure estimate of GDP
Libya
1.85 billion current US$
in 2008
South Africa
3.25 billion current US$
in 2011
Libya rank
4th
South Africa rank
3rd
Discrepancy in expenditure estimate of GDP over time
- Libya
- South Africa
How they compare
South Africa currently reports 3.25 billion current US$ against 1.85 billion current US$ in Libya, a difference of 1.40 billion current US$.
That makes South Africa's figure about 1.8 times Libya's.
The two have swapped places 8 times across 19 shared years of data; in 1990 it was Libya ahead.
Libya ranks 4th and South Africa ranks 3rd of 50 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Libya | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 327,019 current US$ | -1.39 billion current US$ | 1.39 billion current US$ | Libya |
| 2000s | 1.28 billion current US$ | -552.89 million current US$ | 1.83 billion current US$ | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher discrepancy in expenditure estimate of gdp, Libya or South Africa?
- South Africa, at 3.25 billion current US$ against 1.85 billion current US$ in Libya as of 2011.
- What is the difference in discrepancy in expenditure estimate of gdp between Libya and South Africa?
- 1.40 billion current US$, with South Africa ahead.
- How many years of comparable data are there for Libya and South Africa?
- 19 years are reported by both, from 1990 to 2008.
- How do Libya and South Africa rank globally for discrepancy in expenditure estimate of gdp?
- Libya ranks 4th and South Africa ranks 3rd of 50 countries.
- Where does this data come from?
- World Bank national accounts data, and OECD National Accounts data files, published as Discrepancy in expenditure estimate of GDP (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This is the discrepancy included in the ‘total consumption etc.' This discrepancy is included to ensures that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current U.S. dollars.