Bermuda: Net errors and omissions

* indicates monthly or quarterly data series
 Bermuda

Balance of payments, net errors and omissions

 Latest value -93.08
 Year 2021
 Measure million USD
 Data availability 2006 - 2021
 Average -447.56
 Min - Max -2,848.67 - 140.36
 Source The World Bank
The latest value from 2021 is -93.08 million USD, a decline from -24.63 million USD in 2020. In comparison, the world average is -1205.50 million USD, based on data from 172 countries. Historically, the average for Bermuda from 2006 to 2021 is -447.56 million USD. The minimum value, -2848.67 million USD, was reached in 2006 while the maximum of 140.36 million USD was recorded in 2014. 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 data
Bermuda - Net errors and omissions - Recent values chart

Historical series
Bermuda - Net errors and omissions - historical chart - 2006-2021




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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 156.81 2021 percent
 Trade openness 77.54 2023 percent
 Exports, percent of GDP 50.46 2022 percent
 Exports, billion dollars 4.31 2023 billion U.S. dollars
 Growth of exports 9.82 2022 percent
 Imports, percent of GDP 25.05 2022 percent
 Imports, billion dollars 2.00 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.13 2022 percent
 Foreign Direct Investment, billion dollars 0.02 2023 billion U.S. dollars
 Portfolio investment inflows, equities 1.29 2021 million dollars (current)
 Current account, in dollars 0.96 2021 billion U.S. dollars
 Trade balance, percent of GDP 25.42 2022 percent
 Trade balance, in dollars -0.79 2021 billion U.S. dollars
 Remittances, percent of GDP 22.99 2022 percent
 Remittances 1,800.00 2023 million U.S. dollars
 Net errors and omissions -93.08 2021 million USD
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