Austria: Net errors and omissions

* indicates monthly or quarterly data series

Balance of payments, net errors and omissions

 Latest value -8,150.52
 Year 2023
 Measure million USD
 Data availability 2005 - 2023
 Average -917.31
 Min - Max -8,677.07 - 6,698.20
 Source The World Bank
For that indicator, we provide data for Austria from 2005 to 2023. The average value for Austria during that period was -917.31 million USD with a minimum of -8677.07 million USD in 2022 and a maximum of 6698.2 million USD in 2013. The latest value from 2023 is -8150.52 million USD. For comparison, the world average in 2023 based on 111 countries is -1826.71 million USD. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Austria - Net errors and omissions - Recent values chart

Historical chart
Austria - Net errors and omissions - historical chart - 2005-2023

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.

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 Related indicators Latest value Reference Measure
 Terms of trade 96.13 2021 percent
 Trade openness 123.69 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 62.08 2022 percent
 Exports, billion dollars 306.92 2023 billion U.S. dollars
 Growth of exports 11.19 2022 percent
 Imports, percent of GDP 61.60 2022 percent
 Imports, billion dollars 292.29 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.15 2022 percent
 Foreign Direct Investment, billion dollars 10.11 2022 billion U.S. dollars
 Portfolio investment inflows, equities -648.08 2023 million dollars (current)
 Current account, percent of GDP 2.80 2019 percent
 Current account, in dollars 13.69 2023 billion U.S. dollars
 Trade balance, percent of GDP 0.48 2022 percent
 Trade balance, in dollars 18.32 2023 billion U.S. dollars
 Reserves 33.08 2022 billion U.S. dollars
 Remittances, percent of GDP 0.62 2022 percent
 Remittances 2,935.49 2022 million U.S. dollars
 Net errors and omissions -8,150.52 2023 million USD
 Foreign exchange reserves 28.41 9/2023 billion
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