Discrepancy in expenditure estimate of GDP in United Arab Emirates
United Arab Emirates: Discrepancy in expenditure estimate of GDP was 31.19 billion current LCU in 2023. ◆ Volatile
Discrepancy in expenditure estimate of GDP in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in United Arab Emirates is 31.19 billion current LCU, measured in 2023.
Compared with earlier readings it is down 2.1% on the previous year and down 9.8% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in United Arab Emirates peaked at 58.53 billion current LCU in 2019 and was at its lowest, -105,990 current LCU, in 2008.
That places United Arab Emirates 19th out of 186 countries with data for 2023, putting it 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 | current LCU | Change |
|---|---|---|
| 2001 | 75.69 current LCU | — |
| 2002 | -13.83 current LCU | -118.3% |
| 2003 | 72.74 current LCU | -626.0% |
| 2004 | 330,071 current LCU | +453674.5% |
| 2005 | 121,562 current LCU | -63.2% |
| 2006 | 725,507 current LCU | +496.8% |
| 2007 | 56,348 current LCU | -92.2% |
| 2008 | -105,990 current LCU | -288.1% |
| 2009 | 91,698 current LCU | -186.5% |
| 2010 | 27.72 billion current LCU | +30226645.3% |
| 2011 | 29.56 billion current LCU | +6.6% |
| 2012 | 30.05 billion current LCU | +1.7% |
| 2013 | 34.57 billion current LCU | +15.0% |
| 2014 | 39.77 billion current LCU | +15.0% |
| 2015 | 42.96 billion current LCU | +8.0% |
| 2016 | 45.77 billion current LCU | +6.5% |
| 2017 | 47.19 billion current LCU | +3.1% |
| 2018 | 49.62 billion current LCU | +5.2% |
| 2019 | 58.53 billion current LCU | +18.0% |
| 2020 | 28.24 billion current LCU | -51.8% |
| 2021 | 26.67 billion current LCU | -5.5% |
| 2022 | 31.85 billion current LCU | +19.4% |
| 2023 | 31.19 billion current LCU | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 135,481 current LCU | -105,990 current LCU | 725,507 current LCU | 9 |
| 2010s | 40.57 billion current LCU | 27.72 billion current LCU | 58.53 billion current LCU | 10 |
| 2020s | 29.48 billion current LCU | 26.67 billion current LCU | 31.85 billion current 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)
- Gross capital formation (current US$), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.2664 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 13,280 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 0.9783 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 48,769 current LCU per person (2023)
- Gross capital formation (constant 2015 US$), annual growth rate 4.22 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2572 constant 2015 US$ per US$ of GDP (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 31.19 billion current 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 58.53 billion current LCU in 2019.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in United Arab Emirates?
- The lowest recorded value was -105,990 current LCU in 2008.
- How does United Arab Emirates rank for discrepancy in expenditure estimate of gdp?
- United Arab Emirates ranks 19th out of 186 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 9.8%. 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 (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.