Cape Verde vs Papua New Guinea: Net errors and omissions
Net errors and omissions over time
- Cape Verde
- Papua New Guinea
How they compare
Papua New Guinea currently reports -33.44 million BoP, current US$ against -38.88 million BoP, current US$ in Cape Verde, a difference of 5.44 million BoP, current US$.
The two have swapped places 21 times across 48 shared years of data; in 1977 it was Papua New Guinea ahead.
Cape Verde ranks 113th and Papua New Guinea ranks 110th of 198 countries.
Across the 6 decades both report, Cape Verde averaged higher in 3 and Papua New Guinea in 3.
Head to head by decade
| Decade | Cape Verde | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.30 million BoP, current US$ | -6.56 million BoP, current US$ | 8.86 million BoP, current US$ | Cape Verde |
| 1980s | -2.33 million BoP, current US$ | 15.09 million BoP, current US$ | 17.42 million BoP, current US$ | Papua New Guinea |
| 1990s | -5.28 million BoP, current US$ | -18.59 million BoP, current US$ | 13.31 million BoP, current US$ | Cape Verde |
| 2000s | -19.30 million BoP, current US$ | -384.48 million BoP, current US$ | 365.18 million BoP, current US$ | Cape Verde |
| 2010s | -23.83 million BoP, current US$ | 261.29 million BoP, current US$ | 285.12 million BoP, current US$ | Papua New Guinea |
| 2020s | 3.37 million BoP, current US$ | 31.29 million BoP, current US$ | 27.91 million BoP, current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Cape Verde or Papua New Guinea?
- Papua New Guinea, at -33.44 million BoP, current US$ against -38.88 million BoP, current US$ in Cape Verde as of 2024.
- What is the difference in net errors and omissions between Cape Verde and Papua New Guinea?
- 5.44 million BoP, current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Cape Verde and Papua New Guinea?
- 48 years are reported by both, from 1977 to 2024.
- How do Cape Verde and Papua New Guinea rank globally for net errors and omissions?
- Cape Verde ranks 113th and Papua New Guinea ranks 110th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.