
India: Net errors and omissions
* indicates monthly or quarterly data series
India |
Balance of payments, net errors and omissions |
---|---|
Latest value | 641.25 |
Reference | 2021 |
Measure | million USD |
Source | The World Bank |
For that indicator, we provide data for India from 1975 to 2021. The average value for India during that period was -7.58 million USD with a minimum of -2601.65 million USD in 2014 and a maximum of 1830.75 million USD in 2012.
The latest value from 2021 is 641.25 million USD. For comparison, the world average in 2021 based on 153
countries is -801.62 million USD.
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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.