Cayman Islands vs Iceland: Net errors and omissions
Net errors and omissions over time
- Cayman Islands
- Iceland
How they compare
Cayman Islands currently reports -152.97 million BoP, current US$ against -167.65 million BoP, current US$ in Iceland, a difference of 14.67 million BoP, current US$.
The two have swapped places 5 times across 9 shared years of data; in 2016 it was Cayman Islands ahead.
Cayman Islands ranks 127th and Iceland ranks 130th of 197 countries.
Across the 2 decades both report, Cayman Islands averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Cayman Islands | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 326.24 million BoP, current US$ | -89.34 million BoP, current US$ | 415.58 million BoP, current US$ | Cayman Islands |
| 2020s | -108.82 million BoP, current US$ | 426.43 million BoP, current US$ | 535.25 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Cayman Islands or Iceland?
- Cayman Islands, at -152.97 million BoP, current US$ against -167.65 million BoP, current US$ in Iceland as of 2024.
- What is the difference in net errors and omissions between Cayman Islands and Iceland?
- 14.67 million BoP, current US$, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Iceland?
- 9 years are reported by both, from 2016 to 2024.
- How do Cayman Islands and Iceland rank globally for net errors and omissions?
- Cayman Islands ranks 127th and Iceland ranks 130th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.