Eritrea: Net errors and omissions

* indicates monthly or quarterly data series
 Eritrea

Balance of payments, net errors and omissions

 Latest value -22.87
 Year 2000
 Measure million USD
 Data availability 1992 - 2000
 Average -44.56
 Min - Max -139.37 - 31.67
 Source The World Bank
For that indicator, we provide data for Eritrea from 1992 to 2000. The average value for Eritrea during that period was -44.56 million USD with a minimum of -139.37 million USD in 1997 and a maximum of 31.67 million USD in 1993. The latest value from 2000 is -22.87 million USD. For comparison, the world average in 2000 based on 144 countries is -519.42 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
Eritrea - Net errors and omissions - Recent values chart

Historical chart
Eritrea - Net errors and omissions - historical chart - 1992-2000




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 106.48 2021 percent
 Trade openness 47.39 2011 percent
 Financial openness -1.931 2021 index points
 Exports, percent of GDP 18.15 2011 percent
 Exports, billion dollars 0.37 2011 billion U.S. dollars
 Growth of exports 575.74 2011 percent
 Imports, percent of GDP 29.24 2011 percent
 Imports, billion dollars 0.60 2011 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.89 2011 percent
 Foreign Direct Investment, billion dollars -0.03 2022 billion U.S. dollars
 Current account, percent of GDP 14.10 2023 percent
 Current account, in dollars -0.10 2000 billion U.S. dollars
 Trade balance, percent of GDP -11.08 2011 percent
 Trade balance, in dollars -0.40 2000 billion U.S. dollars
 Reserves 0.19 2019 billion U.S. dollars
 Remittances, percent of GDP 0.47 2000 percent
 Remittances 3.28 2000 million U.S. dollars
 Net errors and omissions -22.87 2000 million USD
 External debt 51.48 2011 percent
 Short-term external debt 5.63 2022 percent
 Short-term debt to reserves 17.05 2019 percent
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