Discrepancy in expenditure estimate of GDP in South Africa
South Africa: Discrepancy in expenditure estimate of GDP was 3.25 billion current US$ in 2011. ◆ Volatile
Discrepancy in expenditure estimate of GDP in South Africa, 1960–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2011, discrepancy in expenditure estimate of gdp in South Africa stood at 3.25 billion current US$. That is the highest value across all 52 years on record.
That represents a change of up 293.5% on the previous year and up 934.0% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in South Africa peaked at 3.25 billion current US$ in 2011 and was at its lowest, -4.32 billion current US$, in 1990.
South Africa ranks 3rd of 50 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in South Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 95.62 million current US$ | — |
| 1961 | 25.73 million current US$ | -73.1% |
| 1962 | 47.60 million current US$ | +85.0% |
| 1963 | 195.44 million current US$ | +310.6% |
| 1964 | 225.56 million current US$ | +15.4% |
| 1965 | 301.00 million current US$ | +33.4% |
| 1966 | 267.40 million current US$ | -11.2% |
| 1967 | 432.60 million current US$ | +61.8% |
| 1968 | 148.40 million current US$ | -65.7% |
| 1969 | 462.00 million current US$ | +211.3% |
| 1970 | 473.20 million current US$ | +2.4% |
| 1971 | -338.36 million current US$ | -171.5% |
| 1972 | -451.41 million current US$ | +33.4% |
| 1973 | 714.74 million current US$ | -258.3% |
| 1974 | 1.20 billion current US$ | +68.4% |
| 1975 | 229.88 million current US$ | -80.9% |
| 1976 | 177.10 million current US$ | -23.0% |
| 1977 | -1.82 billion current US$ | -1127.3% |
| 1978 | -960.25 million current US$ | -47.2% |
| 1979 | -2.21 billion current US$ | +130.3% |
| 1980 | -2.31 billion current US$ | +4.3% |
| 1981 | -622.66 million current US$ | -73.0% |
| 1982 | 1.97 billion current US$ | -416.6% |
| 1983 | -2.13 billion current US$ | -208.1% |
| 1984 | -1.38 billion current US$ | -35.0% |
| 1985 | -1.72 billion current US$ | +24.4% |
| 1986 | -2.09 billion current US$ | +21.3% |
| 1987 | -2.42 billion current US$ | +16.0% |
| 1988 | -3.59 billion current US$ | +48.2% |
| 1989 | -3.84 billion current US$ | +7.1% |
| 1990 | -4.32 billion current US$ | +12.5% |
| 1991 | -3.72 billion current US$ | -14.1% |
| 1992 | -2.50 billion current US$ | -32.7% |
| 1993 | -1.13 billion current US$ | -54.6% |
| 1994 | -1.33 billion current US$ | +16.9% |
| 1995 | 359.25 million current US$ | -127.1% |
| 1996 | -239.80 million current US$ | -166.7% |
| 1997 | 83.98 million current US$ | -135.0% |
| 1998 | -329.22 million current US$ | -492.0% |
| 1999 | -807.76 million current US$ | +145.4% |
| 2000 | 146,152 current US$ | -100.0% |
| 2001 | -389.69 million current US$ | -266736.1% |
| 2002 | -345.99 million current US$ | -11.2% |
| 2003 | -527.84 million current US$ | +52.6% |
| 2004 | -200.01 million current US$ | -62.1% |
| 2005 | -25.79 million current US$ | -87.1% |
| 2006 | -230.38 million current US$ | +793.3% |
| 2007 | -227.53 million current US$ | -1.2% |
| 2008 | -3.03 billion current US$ | +1231.3% |
| 2009 | -3.26 billion current US$ | +7.6% |
| 2010 | 825.96 million current US$ | -125.3% |
| 2011 | 3.25 billion current US$ | +293.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 220.13 million current US$ | 25.73 million current US$ | 462.00 million current US$ | 10 |
| 1970s | -298.19 million current US$ | -2.21 billion current US$ | 1.20 billion current US$ | 10 |
| 1980s | -1.81 billion current US$ | -3.84 billion current US$ | 1.97 billion current US$ | 10 |
| 1990s | -1.39 billion current US$ | -4.32 billion current US$ | 359.25 million current US$ | 10 |
| 2000s | -823.63 million current US$ | -3.26 billion current US$ | 146,152 current US$ | 10 |
| 2010s | 2.04 billion current US$ | 825.96 million current US$ | 3.25 billion current US$ | 2 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 4.99 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1387 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 915.19 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 2.47 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 2.48 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 16,372 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.7139 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1196 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in South Africa?
- Discrepancy in expenditure estimate of gdp in South Africa was 3.25 billion current US$ in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest discrepancy in expenditure estimate of gdp recorded in South Africa?
- The highest recorded value was 3.25 billion current US$ in 2011.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in South Africa?
- The lowest recorded value was -4.32 billion current US$ in 1990.
- How does South Africa rank for discrepancy in expenditure estimate of gdp?
- South Africa ranks 3rd out of 50 countries with data for 2011.
- Is discrepancy in expenditure estimate of gdp rising or falling in South Africa?
- Over the last ten years it is up 934.0%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Discrepancy in expenditure estimate of GDP (current US$). Statizoid updates them automatically from the source API.
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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.