Algeria vs Iceland: Net errors and omissions
Net errors and omissions over time
- Algeria
- Iceland
How they compare
Iceland currently reports -167.65 million BoP, current US$ against -192.96 million BoP, current US$ in Algeria, a difference of 25.32 million BoP, current US$.
The two have swapped places 20 times across 35 shared years of data; in 1977 it was Iceland ahead.
Algeria ranks 132nd and Iceland ranks 130th of 197 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Algeria | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -102.12 million BoP, current US$ | -31.43 million BoP, current US$ | 70.69 million BoP, current US$ | Iceland |
| 1980s | -57.45 million BoP, current US$ | -26.81 million BoP, current US$ | 30.64 million BoP, current US$ | Iceland |
| 1990s | -336.78 million BoP, current US$ | -5.87 million BoP, current US$ | 330.91 million BoP, current US$ | Iceland |
| 2000s | -1.79 billion BoP, current US$ | -1.21 billion BoP, current US$ | 587.00 million BoP, current US$ | Iceland |
| 2010s | -463.36 million BoP, current US$ | 59.04 million BoP, current US$ | 522.41 million BoP, current US$ | Iceland |
| 2020s | 288.42 million BoP, current US$ | 426.43 million BoP, current US$ | 138.01 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Algeria or Iceland?
- Iceland, at -167.65 million BoP, current US$ against -192.96 million BoP, current US$ in Algeria as of 2025.
- What is the difference in net errors and omissions between Algeria and Iceland?
- 25.32 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Algeria and Iceland?
- 35 years are reported by both, from 1977 to 2024.
- How do Algeria and Iceland rank globally for net errors and omissions?
- Algeria ranks 132nd and Iceland ranks 130th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.