Armenia vs Iceland: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Armenia
- Iceland
How they compare
Iceland currently reports 891.95 million BoP, current US$ against 850.01 million BoP, current US$ in Armenia, a difference of 41.94 million BoP, current US$.
The two have swapped places 21 times across 33 shared years of data; in 1993 it was Armenia ahead.
Armenia ranks 38th and Iceland ranks 35th of 199 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.69 million BoP, current US$ | -41.19 million BoP, current US$ | 55.88 million BoP, current US$ | Armenia |
| 2000s | -42.09 million BoP, current US$ | -591.51 million BoP, current US$ | 549.43 million BoP, current US$ | Armenia |
| 2010s | -65.07 million BoP, current US$ | 59.04 million BoP, current US$ | 124.11 million BoP, current US$ | Iceland |
| 2020s | 381.50 million BoP, current US$ | 452.49 million BoP, current US$ | 70.99 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Armenia or Iceland?
- Iceland, at 891.95 million BoP, current US$ against 850.01 million BoP, current US$ in Armenia as of 2025.
- What is the difference in net errors and omissions between Armenia and Iceland?
- 41.94 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Iceland rank globally for net errors and omissions?
- Armenia ranks 38th and Iceland ranks 35th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.