Official Statistics

Recent challenges of balancing the three approaches of GDP

The coronavirus (COVID-19) pandemic has led to challenges in the balancing of early estimates of GDP. We explain how this has been undertaken in real time in 2020 and 2021, and show how the balancing process has become more certain over time as updated information has become available.

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Recent challenges of balancing the three approaches of GDP

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Official statistics are produced impartially and free from political influence.

Published 20 April 2022