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
For that indicator, we provide data for Bermuda from 2006 to 2021. The average value for Bermuda during that period was -447.56 million USD with a minimum of -2848.67 million USD in 2006 and a maximum of 140.36 million USD in 2014. The latest value from 2021 is -93.08 million USD. For comparison, the world average in 2021 based on 169 countries is -1292.35 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
Bermuda - Net errors and omissions - Recent values chart

Historical chart
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.

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 Related indicators Latest value Reference Measure
 Terms of trade 156.81 2021 percent
 Trade openness 78.33 2022 percent
 Exports, percent of GDP 52.35 2022 percent
 Exports, billion dollars 3.95 2022 billion U.S. dollars
 Growth of exports 8.22 2022 percent
 Imports, percent of GDP 25.98 2022 percent
 Imports, billion dollars 1.96 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.44 2022 percent
 Foreign Direct Investment, billion dollars -0.03 2022 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 26.37 2022 percent
 Trade balance, in dollars -0.79 2021 billion U.S. dollars
 Remittances, percent of GDP 23.85 2022 percent
 Remittances 1,800.00 2022 million U.S. dollars
 Net errors and omissions -93.08 2021 million USD
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