Bangladesh vs Libya: Net errors and omissions
Net errors and omissions over time
- Bangladesh
- Libya
How they compare
Libya currently reports 711.10 million BoP, current US$ against 591.90 million BoP, current US$ in Bangladesh, a difference of 119.20 million BoP, current US$.
That makes Libya's figure about 1.2 times Bangladesh's.
The two have swapped places 18 times across 47 shared years of data; in 1977 it was Libya ahead.
Bangladesh ranks 40th and Libya ranks 38th of 199 countries.
Across the 6 decades both report, Bangladesh averaged higher in 1 and Libya in 5.
Head to head by decade
| Decade | Bangladesh | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.20 million BoP, current US$ | -54.50 million BoP, current US$ | 55.69 million BoP, current US$ | Bangladesh |
| 1980s | -46.18 million BoP, current US$ | -439,300 BoP, current US$ | 45.75 million BoP, current US$ | Libya |
| 1990s | 18.32 million BoP, current US$ | 109.04 million BoP, current US$ | 90.72 million BoP, current US$ | Libya |
| 2000s | -972.07 million BoP, current US$ | 341.55 million BoP, current US$ | 1.31 billion BoP, current US$ | Libya |
| 2010s | -1.73 billion BoP, current US$ | -975.10 million BoP, current US$ | 759.04 million BoP, current US$ | Libya |
| 2020s | -1.89 billion BoP, current US$ | 778.62 million BoP, current US$ | 2.67 billion BoP, current US$ | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Bangladesh or Libya?
- Libya, at 711.10 million BoP, current US$ against 591.90 million BoP, current US$ in Bangladesh as of 2023.
- What is the difference in net errors and omissions between Bangladesh and Libya?
- 119.20 million BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Bangladesh and Libya?
- 47 years are reported by both, from 1977 to 2023.
- How do Bangladesh and Libya rank globally for net errors and omissions?
- Bangladesh ranks 40th and Libya ranks 38th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.