Singapore: Net errors and omissions

* indicates monthly or quarterly data series
 Singapore

Balance of payments, net errors and omissions

 Latest value -1785.42
 Year 2022
 Measure million USD
 Data availability 1972 - 2022
 Average -199.41
 Min - Max -6123.48 - 4594.1
 Source The World Bank
For that indicator, we provide data for Singapore from 1972 to 2022. The average value for Singapore during that period was -199.41 million USD with a minimum of -6123.48 million USD in 2006 and a maximum of 4594.1 million USD in 1993. The latest value from 2022 is -1785.42 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Singapore - Net errors and omissions - recent values

Historical chart
Singapore - 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 93.61 2021 percent
 Trade openness 336.86 2022 percent
 Exports, percent of GDP 186.55 2022 percent
 Exports, billion dollars 870.81 2022 billion U.S. dollars
 Growth of exports -1.30 2022 percent
 Imports, percent of GDP 150.31 2022 percent
 Imports, billion dollars 701.63 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 30.17 2022 percent
 Foreign Direct Investment, billion dollars 140.84 2022 billion U.S. dollars
 Portfolio investment inflows, equities 7,744.51 2022 million dollars (current)
 Current account, percent of GDP 19.33 2022 percent
 Current account, in dollars 90.24 2022 billion U.S. dollars
 Trade balance, percent of GDP 36.24 2022 percent
 Trade balance, in dollars 169.18 2022 billion U.S. dollars
 Reserves 296.63 2022 billion U.S. dollars
 Remittances, percent of GDP 0.00 2022 percent
 Net errors and omissions -1,785.42 2022 million USD
 Foreign exchange reserves 460.50 9/2023 billion
This site uses cookies.
Learn more here


OK