Bhutan vs Latvia: Net errors and omissions
Net errors and omissions over time
- Bhutan
- Latvia
How they compare
Bhutan currently reports 350.13 million BoP, current US$ against 342.81 million BoP, current US$ in Latvia, a difference of 7.32 million BoP, current US$.
The two have swapped places 6 times across 19 shared years of data; in 2006 it was Latvia ahead.
Bhutan ranks 54th and Latvia ranks 55th of 197 countries.
Across the 3 decades both report, Bhutan averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Bhutan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -962,200 BoP, current US$ | -55.20 million BoP, current US$ | 54.24 million BoP, current US$ | Bhutan |
| 2010s | 18.26 million BoP, current US$ | 274.89 million BoP, current US$ | 256.63 million BoP, current US$ | Latvia |
| 2020s | 122.79 million BoP, current US$ | 858.14 million BoP, current US$ | 735.35 million BoP, current US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Bhutan or Latvia?
- Bhutan, at 350.13 million BoP, current US$ against 342.81 million BoP, current US$ in Latvia as of 2024.
- What is the difference in net errors and omissions between Bhutan and Latvia?
- 7.32 million BoP, current US$, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Latvia?
- 19 years are reported by both, from 2006 to 2024.
- How do Bhutan and Latvia rank globally for net errors and omissions?
- Bhutan ranks 54th and Latvia ranks 55th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.