Albania vs Latvia: Net errors and omissions
Net errors and omissions over time
- Albania
- Latvia
How they compare
Latvia currently reports 342.81 million BoP, current US$ against 241.46 million BoP, current US$ in Albania, a difference of 101.35 million BoP, current US$.
That makes Latvia's figure about 1.4 times Albania's.
The two have swapped places 9 times across 34 shared years of data; in 1992 it was Albania ahead.
Albania ranks 56th and Latvia ranks 55th of 197 countries.
Across the 4 decades both report, Albania averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Albania | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 93.37 million BoP, current US$ | -151.85 million BoP, current US$ | 245.22 million BoP, current US$ | Albania |
| 2000s | 152.81 million BoP, current US$ | -64.25 million BoP, current US$ | 217.06 million BoP, current US$ | Albania |
| 2010s | 140.19 million BoP, current US$ | 274.89 million BoP, current US$ | 134.70 million BoP, current US$ | Latvia |
| 2020s | 213.41 million BoP, current US$ | 772.25 million BoP, current US$ | 558.84 million BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Albania or Latvia?
- Latvia, at 342.81 million BoP, current US$ against 241.46 million BoP, current US$ in Albania as of 2025.
- What is the difference in net errors and omissions between Albania and Latvia?
- 101.35 million BoP, current US$, with Latvia ahead.
- How many years of comparable data are there for Albania and Latvia?
- 34 years are reported by both, from 1992 to 2025.
- How do Albania and Latvia rank globally for net errors and omissions?
- Albania ranks 56th and Latvia ranks 55th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.