Ecuador vs South Korea: Net errors and omissions
Net errors and omissions over time
- Ecuador
- South Korea
How they compare
Ecuador currently reports -2.81 billion BoP, current US$ against -3.55 billion BoP, current US$ in South Korea, a difference of 735.59 million BoP, current US$.
The two have swapped places 24 times across 50 shared years of data; in 1976 it was Ecuador ahead.
Ecuador ranks 178th and South Korea ranks 181st of 199 countries.
Across the 6 decades both report, Ecuador averaged higher in 2 and South Korea in 4.
Head to head by decade
| Decade | Ecuador | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.05 million BoP, current US$ | -224.71 million BoP, current US$ | 223.66 million BoP, current US$ | Ecuador |
| 1980s | 34.69 million BoP, current US$ | 694.20 million BoP, current US$ | 659.51 million BoP, current US$ | South Korea |
| 1990s | -133.26 million BoP, current US$ | -1.86 billion BoP, current US$ | 1.73 billion BoP, current US$ | Ecuador |
| 2000s | -11.60 million BoP, current US$ | 2.59 billion BoP, current US$ | 2.60 billion BoP, current US$ | South Korea |
| 2010s | 34.92 million BoP, current US$ | 1.19 billion BoP, current US$ | 1.16 billion BoP, current US$ | South Korea |
| 2020s | -1.25 billion BoP, current US$ | -596.03 million BoP, current US$ | 650.72 million BoP, current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Ecuador or South Korea?
- Ecuador, at -2.81 billion BoP, current US$ against -3.55 billion BoP, current US$ in South Korea as of 2025.
- What is the difference in net errors and omissions between Ecuador and South Korea?
- 735.59 million BoP, current US$, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and South Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do Ecuador and South Korea rank globally for net errors and omissions?
- Ecuador ranks 178th and South Korea ranks 181st of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.