China vs Germany: Net errors and omissions
Net errors and omissions over time
- China
- Germany
How they compare
Germany currently reports 99.45 billion BoP, current US$ against 38.50 billion BoP, current US$ in China, a difference of 60.96 billion BoP, current US$.
That makes Germany's figure about 2.6 times China's.
The two have swapped places 11 times across 36 shared years of data; in 1982 it was China ahead.
China ranks 2nd and Germany ranks 1st of 197 countries.
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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.