Barbados: Net errors and omissions

* indicates monthly or quarterly data series
 Barbados

Balance of payments, net errors and omissions

 Latest value -132.48
 Year 2017
 Measure million USD
 Data availability 1967 - 2017
 Average 1.83
 Min - Max -322.51 - 185.21
 Source The World Bank
For that indicator, we provide data for Barbados from 1967 to 2017. The average value for Barbados during that period was 1.83 million USD with a minimum of -322.51 million USD in 2010 and a maximum of 185.21 million USD in 2008. The latest value from 2017 is -132.48 million USD. For comparison, the world average in 2017 based on 173 countries is -1875.35 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
Barbados - Net errors and omissions - Recent values chart

Historical chart
Barbados - Net errors and omissions - historical chart - 1967-2017




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.


 Related indicators Latest value Reference Measure
 Terms of trade 92.62 2021 percent
 Trade openness 78.35 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 35.13 2022 percent
 Exports, billion dollars 2.00 2022 billion U.S. dollars
 Imports, percent of GDP 43.22 2022 percent
 Imports, billion dollars 2.46 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.51 2022 percent
 Foreign Direct Investment, billion dollars 0.20 2022 billion U.S. dollars
 Portfolio investment inflows, equities 2.58 2017 million dollars (current)
 Current account, percent of GDP -11.10 2022 percent
 Current account, in dollars -0.30 2017 billion U.S. dollars
 Trade balance, percent of GDP -8.09 2022 percent
 Trade balance, in dollars 0.02 2017 billion U.S. dollars
 Reserves 1.52 2022 billion U.S. dollars
 Remittances, percent of GDP 1.49 2022 percent
 Remittances 85.18 2022 million U.S. dollars
 Net errors and omissions -132.48 2017 million USD
 Foreign exchange reserves 2.83 9/2023 billion
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