Israel: Net errors and omissions

* indicates monthly or quarterly data series
 Israel

Balance of payments, net errors and omissions

 Latest value -2,984.10
 Year 2022
 Measure million USD
 Data availability 1960 - 2022
 Average 164.77
 Min - Max -10,677.60 - 6,769.30
 Source The World Bank
For that indicator, we provide data for Israel from 1960 to 2022. The average value for Israel during that period was 164.77 million USD with a minimum of -10677.6 million USD in 2018 and a maximum of 6769.3 million USD in 2005. The latest value from 2022 is -2984.1 million USD. For comparison, the world average in 2022 based on 153 countries is -72.08 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
Israel - Net errors and omissions - Recent values chart

Historical chart
Israel - Net errors and omissions - historical chart - 1960-2022




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 90.06 2021 percent
 Trade openness 60.50 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 31.73 2022 percent
 Exports, billion dollars 166.57 2022 billion U.S. dollars
 Growth of exports 8.64 2022 percent
 Imports, percent of GDP 28.78 2022 percent
 Imports, billion dollars 151.07 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.39 2022 percent
 Foreign Direct Investment, billion dollars 27.87 2022 billion U.S. dollars
 Portfolio investment inflows, equities 712.50 2022 million dollars (current)
 Current account, percent of GDP 3.78 2022 percent
 Current account, in dollars 20.34 2022 billion U.S. dollars
 Trade balance, percent of GDP 2.95 2022 percent
 Trade balance, in dollars 15.42 2022 billion U.S. dollars
 Reserves 194.23 2022 billion U.S. dollars
 Remittances, percent of GDP 0.24 2022 percent
 Remittances 1,265.20 2022 million U.S. dollars
 Net errors and omissions -2,984.10 2022 million USD
 Foreign exchange reserves 198.55 9/2023 billion
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