Benin vs Guinea-Bissau: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Benin
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 6.61 million BoP, current US$ against 3.83 million BoP, current US$ in Benin, a difference of 2.78 million BoP, current US$.
That makes Guinea-Bissau's figure about 1.7 times Benin's.
The two have swapped places 10 times across 39 shared years of data; in 1982 it was Benin ahead.
Benin ranks 92nd and Guinea-Bissau ranks 90th of 199 countries.
Benin has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Benin | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.47 million BoP, current US$ | -7.11 million BoP, current US$ | 11.57 million BoP, current US$ | Benin |
| 1990s | 4.51 million BoP, current US$ | -9.62 million BoP, current US$ | 14.13 million BoP, current US$ | Benin |
| 2000s | 46.38 million BoP, current US$ | -1.61 million BoP, current US$ | 47.99 million BoP, current US$ | Benin |
| 2010s | 13.36 million BoP, current US$ | -5.90 million BoP, current US$ | 19.27 million BoP, current US$ | Benin |
| 2020s | 4.20 million BoP, current US$ | -4.34 million BoP, current US$ | 8.54 million BoP, current US$ | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Benin or Guinea-Bissau?
- Guinea-Bissau, at 6.61 million BoP, current US$ against 3.83 million BoP, current US$ in Benin as of 2024.
- What is the difference in net errors and omissions between Benin and Guinea-Bissau?
- 2.78 million BoP, current US$, with Guinea-Bissau ahead.
- How many years of comparable data are there for Benin and Guinea-Bissau?
- 39 years are reported by both, from 1982 to 2023.
- How do Benin and Guinea-Bissau rank globally for net errors and omissions?
- Benin ranks 92nd and Guinea-Bissau ranks 90th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.