Net errors and omissions - Country rankings
* indicates monthly or quarterly data series
Balance of payments, net errors and omissions, 2023:
The average for 2023 based on 165 countries was -1355.99 million USD. The highest value was in the United Kingdom: 22814.42 million USD and the lowest value was in the USA: -138026 million USD. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.Measure: million USD; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series
| Countries | Net errors and omissions, 2023 | Global rank | Available data |
|---|---|---|---|
| UK | 22814.42 | 1 | 1970 - 2024 |
| Japan | 20234.38 | 2 | 1996 - 2024 |
| Italy | 13450.01 | 3 | 1970 - 2024 |
| Ireland | 6389.64 | 4 | 2005 - 2024 |
| Norway | 5507.69 | 5 | 1975 - 2024 |
| Thailand | 5258.98 | 6 | 1975 - 2024 |
| Romania | 4828.32 | 7 | 1972 - 2024 |
| New Zealand | 4492.91 | 8 | 2000 - 2024 |
| Mexico | 4398.91 | 9 | 1979 - 2024 |
| UA Emirates | 2968.01 | 10 | 2023 - 2024 |
| Ivory Coast | 2708.46 | 11 | 2005 - 2023 |
| Greece | 2474.66 | 12 | 1976 - 2024 |
| Canada | 2413.6 | 13 | 1960 - 2024 |
| Philippines | 2378.02 | 14 | 1977 - 2024 |
| Australia | 2209.7 | 15 | 1989 - 2024 |
| Sweden | 2084.7 | 16 | 1970 - 2024 |
| Chile | 2066.34 | 17 | 1975 - 2024 |
| Israel | 1919.4 | 18 | 1960 - 2024 |
| Lithuania | 1753.25 | 19 | 1993 - 2024 |
| Lebanon | 1634.57 | 20 | 2002 - 2023 |
| Ukraine | 1568 | 21 | 1994 - 2024 |
| Morocco | 1520.29 | 22 | 1975 - 2024 |
| Croatia | 1361.08 | 23 | 1993 - 2024 |
| Azerbaijan | 1320.61 | 24 | 1995 - 2024 |
| Angola | 1320.46 | 25 | 1985 - 2024 |
| Switzerland | 1199.28 | 26 | 1977 - 2024 |
| Latvia | 920.61 | 27 | 1992 - 2024 |
| Nepal | 913.96 | 28 | 1976 - 2024 |
| Singapore | 874.24 | 29 | 1972 - 2024 |
| Palestine | 799.54 | 30 | 1995 - 2024 |
| Cyprus | 728.74 | 31 | 1976 - 2024 |
| Libya | 711.1 | 32 | 1977 - 2023 |
| Haiti | 659.42 | 33 | 1971 - 2024 |
| Costa Rica | 607.18 | 34 | 1977 - 2024 |
| Malawi | 511.77 | 35 | 1977 - 2024 |
| Belarus | 497.52 | 36 | 1993 - 2024 |
| Czechia | 490.94 | 37 | 1993 - 2024 |
| Colombia | 434.66 | 38 | 1968 - 2024 |
| Uruguay | 414.05 | 39 | 1978 - 2024 |
| Ghana | 405.41 | 40 | 1975 - 2024 |
| Jamaica | 389.21 | 41 | 1976 - 2024 |
| South Africa | 375.58 | 42 | 1960 - 2024 |
| Kazakhstan | 373.55 | 43 | 1995 - 2024 |
| Malta | 371.52 | 44 | 1971 - 2024 |
| Bulgaria | 358.85 | 45 | 1980 - 2024 |
| Tunisia | 309.86 | 46 | 1976 - 2024 |
| Portugal | 308.14 | 47 | 1975 - 2024 |
| Namibia | 299.61 | 48 | 1990 - 2024 |
| Mauritania | 284.22 | 49 | 1975 - 2024 |
| Serbia | 263.59 | 50 | 2007 - 2024 |
| Armenia | 252.28 | 51 | 1993 - 2024 |
| Bosnia & Herz. | 204.59 | 52 | 1998 - 2024 |
| Papua N.G. | 198.05 | 53 | 1976 - 2024 |
| Albania | 165.19 | 54 | 1980 - 2024 |
| Maldives | 156.92 | 55 | 1977 - 2024 |
| India | 153.55 | 56 | 1975 - 2024 |
| Bhutan | 137.98 | 57 | 2006 - 2024 |
| Lesotho | 112.33 | 58 | 1975 - 2024 |
| Moldova | 111.97 | 59 | 1994 - 2024 |
| Qatar | 91.05 | 60 | 2011 - 2024 |
| Rwanda | 75.43 | 61 | 2010 - 2024 |
| North Macedonia | 51.53 | 62 | 1996 - 2024 |
| Brazil | 50.03 | 63 | 1975 - 2024 |
| Mauritius | 47.72 | 64 | 1976 - 2024 |
| S.T.&Principe | 36.69 | 65 | 1974 - 2024 |
| Montenegro | 25.15 | 66 | 2007 - 2024 |
| Uganda | 19.07 | 67 | 1980 - 2024 |
| Luxembourg | 14.56 | 68 | 2002 - 2024 |
| Seychelles | 11.69 | 69 | 1976 - 2024 |
| Senegal | 11.13 | 70 | 1974 - 2023 |
| Sri Lanka | 6.43 | 71 | 1975 - 2024 |
| Benin | 3.83 | 72 | 1974 - 2023 |
| Swaziland | 3.7 | 73 | 1974 - 2024 |
| Guinea | -0.49 | 74 | 1986 - 2024 |
| Niger | -0.97 | 75 | 1974 - 2023 |
| Comoros | -2.34 | 76 | 1980 - 2023 |
| G.-Bissau | -6.41 | 77 | 1982 - 2023 |
| Burkina Faso | -7.25 | 78 | 2005 - 2023 |
| Samoa | -10.89 | 79 | 1977 - 2024 |
| Burundi | -17.09 | 80 | 1985 - 2024 |
| Cape Verde | -17.56 | 81 | 1977 - 2024 |
| Mali | -19.8 | 82 | 1975 - 2023 |
| Kiribati | -21.43 | 83 | 1979 - 2024 |
| Andorra | -23.16 | 84 | 2019 - 2024 |
| Saint Lucia | -29.98 | 85 | 1976 - 2024 |
| Aruba | -31.77 | 86 | 1986 - 2023 |
| Georgia | -35.39 | 87 | 1997 - 2024 |
| Cameroon | -35.65 | 88 | 1977 - 2023 |
| Palau | -38.18 | 89 | 2005 - 2023 |
| Belgium | -41.39 | 90 | 2002 - 2024 |
| Dominica | -41.86 | 91 | 1976 - 2024 |
| St. Vincent & ... | -46.93 | 92 | 1978 - 2024 |
| Solomon Isl. | -49.73 | 93 | 1975 - 2024 |
| Belize | -50.88 | 94 | 1984 - 2024 |
| San Marino | -53.75 | 95 | 2017 - 2023 |
| Sierra Leone | -56.93 | 96 | 1977 - 2023 |
| Tonga | -57.76 | 97 | 1971 - 2024 |
| Honduras | -66.63 | 98 | 1974 - 2024 |
| Ant.& Barb. | -70.48 | 99 | 1977 - 2024 |
| Grenada | -72.55 | 100 | 1977 - 2024 |
| Tajikistan | -90.76 | 101 | 2002 - 2024 |
| Suriname | -94.41 | 102 | 2005 - 2024 |
| Mozambique | -115.81 | 103 | 2005 - 2024 |
| Kenya | -123.79 | 104 | 1975 - 2024 |
| Algeria | -173.42 | 105 | 1977 - 2024 |
| Bahamas | -176.4 | 106 | 1976 - 2024 |
| Ethiopia | -196.29 | 107 | 1977 - 2024 |
| Botswana | -220.58 | 108 | 1975 - 2024 |
| Mongolia | -275.73 | 109 | 1981 - 2024 |
| Gambia | -289.37 | 110 | 1978 - 2024 |
| Panama | -315.05 | 111 | 1977 - 2024 |
| DR Congo | -338.02 | 112 | 2005 - 2024 |
| Bermuda | -370.23 | 113 | 2006 - 2023 |
| Guatemala | -382.55 | 114 | 1977 - 2024 |
| Iceland | -531.92 | 115 | 1976 - 2024 |
| Paraguay | -532.99 | 116 | 1975 - 2024 |
| Laos | -597.9 | 117 | 1984 - 2024 |
| Kuwait | -694.68 | 118 | 1975 - 2024 |
| Zambia | -755.79 | 119 | 1978 - 2024 |
| Slovenia | -758.31 | 120 | 1992 - 2024 |
| South Korea | -786.8 | 121 | 1976 - 2024 |
| Guyana | -791.79 | 122 | 1977 - 2023 |
| Brunei | -792.26 | 123 | 2001 - 2024 |
| Tanzania | -831.66 | 124 | 1976 - 2024 |
| Estonia | -837.53 | 125 | 1992 - 2024 |
| Domin. Rep. | -842.5 | 126 | 1968 - 2024 |
| El Salvador | -895.92 | 127 | 1976 - 2024 |
| Djibouti | -965.75 | 128 | 1991 - 2024 |
| Oman | -1088.78 | 129 | 1974 - 2024 |
| Nicaragua | -1099.48 | 130 | 1977 - 2024 |
| Pakistan | -1114.88 | 131 | 1976 - 2024 |
| Cambodia | -1134.44 | 132 | 1992 - 2024 |
| Slovakia | -1141.89 | 133 | 1993 - 2024 |
| Uzbekistan | -1512.91 | 134 | 2005 - 2024 |
| Zimbabwe | -1516.73 | 135 | 1977 - 2024 |
| Indonesia | -1531.48 | 136 | 1981 - 2024 |
| Bangladesh | -1532.22 | 137 | 1976 - 2024 |
| Poland | -1535 | 138 | 1976 - 2024 |
| Jordan | -1767.18 | 139 | 1972 - 2024 |
| Tr.&Tobago | -1913.11 | 140 | 1975 - 2024 |
| Ecuador | -2065.62 | 141 | 1976 - 2024 |
| Egypt | -2074.73 | 142 | 1977 - 2024 |
| Bolivia | -2117.86 | 143 | 1976 - 2024 |
| Hong Kong | -2282.53 | 144 | 1998 - 2024 |
| Iraq | -2345.09 | 145 | 2005 - 2024 |
| Hungary | -2395.22 | 146 | 1982 - 2024 |
| Bahrain | -2650 | 147 | 1975 - 2024 |
| Peru | -2769.53 | 148 | 1977 - 2024 |
| Finland | -3008.24 | 149 | 1975 - 2024 |
| Austria | -3607.03 | 150 | 2005 - 2024 |
| Spain | -3788.1 | 151 | 1975 - 2024 |
| Macao | -4276.23 | 152 | 2002 - 2024 |
| Argentina | -4970.51 | 153 | 1976 - 2024 |
| Malaysia | -7348.85 | 154 | 1974 - 2024 |
| Russia | -9287.88 | 155 | 1994 - 2024 |
| Saudi Arabia | -10443.09 | 156 | 1975 - 2024 |
| Netherlands | -10893.91 | 157 | 1967 - 2024 |
| Turkey | -11325 | 158 | 1974 - 2024 |
| Germany | -11764.3 | 159 | 1971 - 2024 |
| Denmark | -12434.11 | 160 | 1975 - 2024 |
| France | -15629.79 | 161 | 1975 - 2024 |
| Vietnam | -17347 | 162 | 1996 - 2024 |
| China | -18934.81 | 163 | 1982 - 2024 |
| Nigeria | -24898.57 | 164 | 1977 - 2024 |
| USA | -138026 | 165 | 1970 - 2024 |
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.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
22814.42
20234.38
13450.01
6389.64
5507.69
5258.98
4828.32
4492.91
4398.91
2968.01
2708.46
2474.66
2413.60
2378.02
2209.70
2084.70
2066.34
1919.40
1753.25
1634.57
1568.00
1520.29
1361.08
1320.61
1320.46
1199.28
920.61
913.96
874.24
799.54
728.74
711.10
659.42
607.18
511.77
497.52
490.94
434.66
414.05
405.41
389.21
375.58
373.55
371.52
358.85
309.86
308.14
299.61
284.22
263.59
252.28
204.59
198.05
165.19
156.92
153.55
137.98
112.33
111.97
91.05
75.43
51.53
50.03
47.72
36.69
25.15
19.07
14.56
11.69
11.13
6.43
3.83
3.70
-0.49
-0.97
-2.34
-6.41
-7.25
-10.89
-17.09
-17.56
-19.80
-21.43
-23.16
-29.98
-31.77
-35.39
-35.65
-38.18
-41.39
-41.86
-46.93
-49.73
-50.88
-53.75
-56.93
-57.76
-66.63
-70.48
-72.55
-90.76
-94.41
-115.81
-123.79
-173.42
-176.40
-196.29
-220.58
-275.73
-289.37
-315.05
-338.02
-370.23
-382.55
-531.92
-532.99
-597.90
-694.68
-755.79
-758.31
-786.80
-791.79
-792.26
-831.66
-837.53
-842.50
-895.92
-965.75
-1088.78
-1099.48
-1114.88
-1134.44
-1141.89
-1512.91
-1516.73
-1531.48
-1532.22
-1535.00
-1767.18
-1913.11
-2065.62
-2074.73
-2117.86
-2282.53
-2345.09
-2395.22
-2650.00
-2769.53
-3008.24
-3607.03
-3788.10
-4276.23
-4970.51
-7348.85
-9287.88
-10443.09
-10893.91
-11325.00
-11764.30
-12434.11
-15629.79
-17347.00
-18934.81
-24898.57
-138026.00
-138026
-97815.9
-57605.8
-17395.7
22814.42
Net errors and omissions in Europe Net errors and omissions in Asia Net errors and omissions in Africa Net errors and omissions in North America Net errors and omissions in South America Net errors and omissions in Australia/Oceania Net errors and omissions in the European union Net errors and omissions in Sub Sahara Africa Net errors and omissions in MENA Net errors and omissions in South East Asia Net errors and omissions in Latin America