"Figure 3: The statistical discrepancies show that the quarterly income estimate of gross domestic product has been lower than that of our quarterly estimates for output or expenditure over the coronavirus pandemic period",""
"Expenditure and income statistical discrepancies in first quarterly estimate and quarterly national accounts releases",""
"",""
"Notes","1. This reflects that the quarterly income estimate in gross domestic product (GDP) is lower than the other approaches to quarterly GDP, which in turn explains why the average quarterly GDP estimate is lower than the output-based quarterly estimate.
2. It is possible that the level of output or expenditure estimates for 2020 could be revised down before the next Annual National Accounts. If so, this would reduce the level of average GDP figure and so would reduce the size of the income statistical discrepancy, all else the same."
"Unit","£ Millions"
"",""
"","Income FQE","Income QNA","Expenditure FQE","Expenditure QNA "
"2020 Q1","939","564","-998","312"
"2020 Q2","5301","4784","-1131","-2019"
"2020 Q3","5990","5086","-1323","-1003"
"2020 Q4","6046","5501","-1339","133"
"2021 Q1","6045","5572","-1307","119"
"2021 Q2","6280","5755","-1378","119"