Belgium vs Canada: Net errors and omissions
Net errors and omissions over time
- Belgium
- Canada
How they compare
Canada currently reports 8.01 billion BoP, current US$ against 5.47 billion BoP, current US$ in Belgium, a difference of 2.54 billion BoP, current US$.
That makes Canada's figure about 1.5 times Belgium's.
The two have swapped places 10 times across 24 shared years of data; in 2002 it was Canada ahead.
Belgium ranks 9th and Canada ranks 6th of 197 countries.
Across the 3 decades both report, Belgium averaged higher in 1 and Canada in 2.
Head to head by decade
| Decade | Belgium | Canada | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -675.28 million BoP, current US$ | -159.52 million BoP, current US$ | 515.76 million BoP, current US$ | Canada |
| 2010s | -1.00 billion BoP, current US$ | 381.73 million BoP, current US$ | 1.38 billion BoP, current US$ | Canada |
| 2020s | 3.58 billion BoP, current US$ | 2.31 billion BoP, current US$ | 1.26 billion BoP, current US$ | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Belgium or Canada?
- Canada, at 8.01 billion BoP, current US$ against 5.47 billion BoP, current US$ in Belgium as of 2025.
- What is the difference in net errors and omissions between Belgium and Canada?
- 2.54 billion BoP, current US$, with Canada ahead.
- How many years of comparable data are there for Belgium and Canada?
- 24 years are reported by both, from 2002 to 2025.
- How do Belgium and Canada rank globally for net errors and omissions?
- Belgium ranks 9th and Canada ranks 6th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.