Discrepancy in expenditure estimate of GDP in United Arab Emirates
United Arab Emirates: Discrepancy in expenditure estimate of GDP was 31.35 billion constant LCU in 2023. ◆ Volatile
Discrepancy in expenditure estimate of GDP in United Arab Emirates, 2010–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
United Arab Emirates recorded 31.35 billion constant LCU for discrepancy in expenditure estimate of gdp in 2023.
Compared with earlier readings it is up 61.0% on the previous year and down 56.6% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in United Arab Emirates peaked at 97.69 billion constant LCU in 2016 and was at its lowest, 14.52 billion constant LCU, in 2020.
United Arab Emirates ranks 16th of 154 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in United Arab Emirates, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 27.72 billion constant LCU | — |
| 2011 | 35.32 billion constant LCU | +27.4% |
| 2012 | 70.45 billion constant LCU | +99.5% |
| 2013 | 72.28 billion constant LCU | +2.6% |
| 2014 | 81.48 billion constant LCU | +12.7% |
| 2015 | 91.18 billion constant LCU | +11.9% |
| 2016 | 97.69 billion constant LCU | +7.1% |
| 2017 | 70.23 billion constant LCU | -28.1% |
| 2018 | 74.62 billion constant LCU | +6.2% |
| 2019 | 78.01 billion constant LCU | +4.5% |
| 2020 | 14.52 billion constant LCU | -81.4% |
| 2021 | 18.04 billion constant LCU | +24.2% |
| 2022 | 19.46 billion constant LCU | +7.9% |
| 2023 | 31.35 billion constant LCU | +61.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 69.90 billion constant LCU | 27.72 billion constant LCU | 97.69 billion constant LCU | 10 |
| 2020s | 20.84 billion constant LCU | 14.52 billion constant LCU | 31.35 billion constant LCU | 4 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 29,442 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), annual growth rate 7.03 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 0.8373 current US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 41,739 current US$ per person (2023)
- Gross national expenditure (current LCU), annual growth rate 7.03 % change on previous year (2023)
- Gross national expenditure (current LCU), per unit of GDP 3.07 current LCU per US$ of GDP (2023)
- Gross national expenditure (current LCU), per capita 153,285 current LCU per person (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate 9.31 % change on previous year (2023)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in United Arab Emirates?
- Discrepancy in expenditure estimate of gdp in United Arab Emirates was 31.35 billion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in United Arab Emirates?
- The highest recorded value was 97.69 billion constant LCU in 2016.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in United Arab Emirates?
- The lowest recorded value was 14.52 billion constant LCU in 2020.
- How does United Arab Emirates rank for discrepancy in expenditure estimate of gdp?
- United Arab Emirates ranks 16th out of 154 countries with data for 2023.
- Is discrepancy in expenditure estimate of gdp rising or falling in United Arab Emirates?
- Over the last ten years it is down 56.6%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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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 constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.