Canada vs Switzerland: Net errors and omissions
Net errors and omissions over time
- Canada
- Switzerland
How they compare
Switzerland currently reports 21.31 billion BoP, current US$ against 8.01 billion BoP, current US$ in Canada, a difference of 13.31 billion BoP, current US$.
That makes Switzerland's figure about 2.7 times Canada's.
The two have swapped places 14 times across 49 shared years of data; in 1977 it was Switzerland ahead.
Canada ranks 6th and Switzerland ranks 3rd of 197 countries.
Switzerland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Canada | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.55 billion BoP, current US$ | 9.48 billion BoP, current US$ | 11.03 billion BoP, current US$ | Switzerland |
| 1980s | -2.18 billion BoP, current US$ | 4.84 billion BoP, current US$ | 7.02 billion BoP, current US$ | Switzerland |
| 1990s | 1.29 billion BoP, current US$ | 2.95 billion BoP, current US$ | 1.66 billion BoP, current US$ | Switzerland |
| 2000s | -1.03 billion BoP, current US$ | 12.00 billion BoP, current US$ | 13.03 billion BoP, current US$ | Switzerland |
| 2010s | 381.73 million BoP, current US$ | 12.72 billion BoP, current US$ | 12.33 billion BoP, current US$ | Switzerland |
| 2020s | 2.31 billion BoP, current US$ | 7.06 billion BoP, current US$ | 4.74 billion BoP, current US$ | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Canada or Switzerland?
- Switzerland, at 21.31 billion BoP, current US$ against 8.01 billion BoP, current US$ in Canada as of 2025.
- What is the difference in net errors and omissions between Canada and Switzerland?
- 13.31 billion BoP, current US$, with Switzerland ahead.
- How many years of comparable data are there for Canada and Switzerland?
- 49 years are reported by both, from 1977 to 2025.
- How do Canada and Switzerland rank globally for net errors and omissions?
- Canada ranks 6th and Switzerland ranks 3rd of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.