Discrepancy in expenditure estimate of GDP in China
China: Discrepancy in expenditure estimate of GDP was -121.41 billion current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
China recorded -121.41 billion current LCU for discrepancy in expenditure estimate of gdp in 2024.
Compared with earlier readings it is down 297.8% on the previous year and up 26.4% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in China peaked at 428.83 billion current LCU in 2021 and was at its lowest, -565.13 billion current LCU, in 2020.
China ranks 179th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in China, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | -3.62 billion current LCU | — |
| 1961 | -4.40 billion current LCU | +21.5% |
| 1962 | -1.62 billion current LCU | -63.2% |
| 1963 | -4.78 billion current LCU | +195.0% |
| 1964 | 2.46 billion current LCU | -151.6% |
| 1965 | 10.01 billion current LCU | +306.3% |
| 1966 | 5.95 billion current LCU | -40.5% |
| 1967 | 8.31 billion current LCU | +39.6% |
| 1968 | 3.20 billion current LCU | -61.6% |
| 1969 | 10.16 billion current LCU | +217.8% |
| 1970 | 7.20 billion current LCU | -29.1% |
| 1971 | 6.57 billion current LCU | -8.7% |
| 1972 | 10.01 billion current LCU | +52.3% |
| 1973 | 8.50 billion current LCU | -15.1% |
| 1974 | 9.08 billion current LCU | +6.8% |
| 1975 | 9.74 billion current LCU | +7.2% |
| 1976 | 2.68 billion current LCU | -72.4% |
| 1977 | 8.96 billion current LCU | +234.0% |
| 1978 | 9.77 billion current LCU | +9.0% |
| 1979 | 6.92 billion current LCU | -29.1% |
| 1980 | 9.08 billion current LCU | +31.2% |
| 1981 | -2.28 billion current LCU | -125.1% |
| 1982 | -4.79 billion current LCU | +110.2% |
| 1983 | -2.96 billion current LCU | -38.1% |
| 1984 | -1.19 billion current LCU | -59.7% |
| 1985 | -869.34 million current LCU | -27.2% |
| 1986 | -1.44 billion current LCU | +65.1% |
| 1987 | -2.55 billion current LCU | +77.9% |
| 1988 | 1.61 billion current LCU | -163.1% |
| 1989 | -1.29 billion current LCU | -180.1% |
| 1990 | -14.40 billion current LCU | +1015.2% |
| 1991 | -12.04 billion current LCU | -16.4% |
| 1992 | -7.31 billion current LCU | -39.3% |
| 1993 | 25.17 billion current LCU | -444.4% |
| 1994 | 5.45 billion current LCU | -78.3% |
| 1995 | 4.29 billion current LCU | -21.2% |
| 1996 | -2.11 billion current LCU | -149.2% |
| 1997 | -1.12 billion current LCU | -47.2% |
| 1998 | 13.41 billion current LCU | -1300.7% |
| 1999 | 22.52 billion current LCU | +67.9% |
| 2000 | 28.40 billion current LCU | +26.1% |
| 2001 | 30.20 billion current LCU | +6.3% |
| 2002 | 26.46 billion current LCU | -12.4% |
| 2003 | 24.57 billion current LCU | -7.1% |
| 2004 | 43.15 billion current LCU | +75.6% |
| 2005 | -66.21 billion current LCU | -253.4% |
| 2006 | -46.19 billion current LCU | -30.2% |
| 2007 | -63.31 billion current LCU | +37.1% |
| 2008 | 95.44 billion current LCU | -250.7% |
| 2009 | 91.43 billion current LCU | -4.2% |
| 2010 | 362.82 billion current LCU | +296.8% |
| 2011 | 302.72 billion current LCU | -16.6% |
| 2012 | -57.82 billion current LCU | -119.1% |
| 2013 | -246.46 billion current LCU | +326.2% |
| 2014 | -164.97 billion current LCU | -33.1% |
| 2015 | -164.60 billion current LCU | -0.2% |
| 2016 | 52.09 billion current LCU | -131.6% |
| 2017 | 231.62 billion current LCU | +344.6% |
| 2018 | 242.88 billion current LCU | +4.9% |
| 2019 | 2.25 billion current LCU | -99.1% |
| 2020 | -565.13 billion current LCU | -25167.0% |
| 2021 | 428.83 billion current LCU | -175.9% |
| 2022 | 323.00 billion current LCU | -24.7% |
| 2023 | 61.39 billion current LCU | -81.0% |
| 2024 | -121.41 billion current LCU | -297.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.57 billion current LCU | -4.78 billion current LCU | 10.16 billion current LCU | 10 |
| 1970s | 7.94 billion current LCU | 2.68 billion current LCU | 10.01 billion current LCU | 10 |
| 1980s | -667.73 million current LCU | -4.79 billion current LCU | 9.08 billion current LCU | 10 |
| 1990s | 3.39 billion current LCU | -14.40 billion current LCU | 25.17 billion current LCU | 10 |
| 2000s | 16.39 billion current LCU | -66.21 billion current LCU | 95.44 billion current LCU | 10 |
| 2010s | 56.05 billion current LCU | -246.46 billion current LCU | 362.82 billion current LCU | 10 |
| 2020s | 25.34 billion current LCU | -565.13 billion current LCU | 428.83 billion current LCU | 5 |
Countries ranked near China
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- Services, value added (constant LCU), per capita 54,288 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -0.9216 % change on previous year (2025)
- GDP (current US$), annual growth rate 4.1 % change on previous year (2025)
- GDP (current US$), per capita 13,862 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.99 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 7.19 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 99,666 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in China?
- Discrepancy in expenditure estimate of gdp in China was -121.41 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in China?
- The highest recorded value was 428.83 billion current LCU in 2021.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in China?
- The lowest recorded value was -565.13 billion current LCU in 2020.
- How does China rank for discrepancy in expenditure estimate of gdp?
- China ranks 179th out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in China?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is volatile.
- Where does this China 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.