Romania: Net errors and omissions

* indicates monthly or quarterly data series
 Romania

Balance of payments, net errors and omissions

 Latest value 3,793.42
 Year 2022
 Measure million USD
 Data availability 1972 - 2022
 Average 288.00
 Min - Max -2,816.71 - 3,793.42
 Source The World Bank
For that indicator, we provide data for Romania from 1972 to 2022. The average value for Romania during that period was 288 million USD with a minimum of -2816.71 million USD in 2021 and a maximum of 3793.42 million USD in 2022. The latest value from 2022 is 3793.42 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
Romania - Net errors and omissions - Recent values chart

Historical chart
Romania - Net errors and omissions - historical chart - 1972-2022




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 99.27 2021 percent
 Trade openness 92.82 2022 percent
 Financial openness 1.793 2021 index points
 Exports, percent of GDP 42.97 2022 percent
 Exports, billion dollars 129.22 2022 billion U.S. dollars
 Growth of exports 9.56 2022 percent
 Imports, percent of GDP 49.84 2022 percent
 Imports, billion dollars 149.88 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.82 2022 percent
 Foreign Direct Investment, billion dollars 11.88 2022 billion U.S. dollars
 Portfolio investment inflows, equities -249.70 2022 million dollars (current)
 Current account, percent of GDP -7.00 2023 percent
 Current account, in dollars -27.33 2022 billion U.S. dollars
 Trade balance, percent of GDP -6.87 2022 percent
 Trade balance, in dollars -19.92 2022 billion U.S. dollars
 Reserves 55.81 2022 billion U.S. dollars
 Remittances, percent of GDP 2.88 2022 percent
 Remittances 8,659.80 2022 million U.S. dollars
 Net errors and omissions 3,793.42 2022 million USD
 External debt 57.51 2020 percent
 Short-term external debt 12.48 2020 percent
 Short-term debt to reserves 34.04 2020 percent
 Foreign exchange reserves 65.12 9/2023 billion
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