Australia: Balance of payments, net errors and omissions, 1989 - 2020:
For that indicator, we provide data for Australia from 1989 to 2020. The average value for Australia during that period was 205.34 million USD with a minimum of -8435.35 million USD in 2012 and a maximum of 3790.09 million USD in 2016.
The latest value from 2020 is -4770.33 million USD. For comparison, the world average in 2020 based on 152
countries is -2074.33 million USD.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.