Canada vs Mexico: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Canada
- Mexico
How they compare
Canada currently reports 8.72 billion BoP, current US$ against 4.99 billion BoP, current US$ in Mexico, a difference of 3.72 billion BoP, current US$.
That makes Canada's figure about 1.7 times Mexico's.
The two have swapped places 15 times across 47 shared years of data; in 1979 it was Mexico ahead.
Canada ranks 9th and Mexico ranks 12th of 199 countries.
Across the 6 decades both report, Canada averaged higher in 5 and Mexico in 1.
Head to head by decade
| Decade | Canada | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.13 billion BoP, current US$ | 576.00 million BoP, current US$ | 1.71 billion BoP, current US$ | Mexico |
| 1980s | -2.18 billion BoP, current US$ | -2.28 billion BoP, current US$ | 98.24 million BoP, current US$ | Canada |
| 1990s | 1.29 billion BoP, current US$ | -935.28 million BoP, current US$ | 2.22 billion BoP, current US$ | Canada |
| 2000s | -1.03 billion BoP, current US$ | -2.57 billion BoP, current US$ | 1.53 billion BoP, current US$ | Canada |
| 2010s | 381.73 million BoP, current US$ | -10.35 billion BoP, current US$ | 10.73 billion BoP, current US$ | Canada |
| 2020s | 2.43 billion BoP, current US$ | 1.23 billion BoP, current US$ | 1.21 billion BoP, current US$ | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Canada or Mexico?
- Canada, at 8.72 billion BoP, current US$ against 4.99 billion BoP, current US$ in Mexico as of 2025.
- What is the difference in net errors and omissions between Canada and Mexico?
- 3.72 billion BoP, current US$, with Canada ahead.
- How many years of comparable data are there for Canada and Mexico?
- 47 years are reported by both, from 1979 to 2025.
- How do Canada and Mexico rank globally for net errors and omissions?
- Canada ranks 9th and Mexico ranks 12th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.