South Korea: Net errors and omissions

For that indicator, we provide data for South Korea from 1976 to 2021. The average value for South Korea during that period was 429.68 million USD with a minimum of -11367.5 million USD in 2021 and a maximum of 9940.3 million USD in 2006. The latest value from 2021 is -11367.5 million USD. For comparison, the world average in 2021 based on 153 countries is -801.62 million USD. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.