Uruguay: Net errors and omissions

* indicates monthly or quarterly data series
 Uruguay

Balance of payments, net errors and omissions

 Latest value 298.59
 Year 2022
 Measure million USD
 Data availability 1978 - 2022
 Average 59.79
 Min - Max -2,429.56 - 1,401.87
 Source The World Bank
For that indicator, we provide data for Uruguay from 1978 to 2022. The average value for Uruguay during that period was 59.79 million USD with a minimum of -2429.56 million USD in 2002 and a maximum of 1401.87 million USD in 2021. The latest value from 2022 is 298.59 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
Uruguay - Net errors and omissions - Recent values chart

Historical chart
Uruguay - Net errors and omissions - historical chart - 1978-2022




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 103.94 2021 percent
 Trade openness 57.19 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 31.32 2022 percent
 Exports, billion dollars 22.29 2022 billion U.S. dollars
 Growth of exports 11.11 2022 percent
 Imports, percent of GDP 25.87 2022 percent
 Imports, billion dollars 18.41 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 11.97 2022 percent
 Foreign Direct Investment, billion dollars 9.40 2022 billion U.S. dollars
 Portfolio investment inflows, equities 117.07 2022 million dollars (current)
 Current account, percent of GDP -3.18 2022 percent
 Current account, in dollars -2.62 2022 billion U.S. dollars
 Trade balance, percent of GDP 5.45 2022 percent
 Trade balance, in dollars 3.67 2022 billion U.S. dollars
 Reserves 15.13 2022 billion U.S. dollars
 Remittances, percent of GDP 0.18 2022 percent
 Remittances 124.69 2022 million U.S. dollars
 Net errors and omissions 298.59 2022 million USD
 Foreign exchange reserves 15.33 9/2023 billion
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