Ecuador vs Panama: Net errors and omissions
Net errors and omissions over time
- Ecuador
- Panama
How they compare
Ecuador currently reports -2.81 billion BoP, current US$ against -3.54 billion BoP, current US$ in Panama, a difference of 727.53 million BoP, current US$.
The two have swapped places 22 times across 49 shared years of data; in 1977 it was Ecuador ahead.
Ecuador ranks 176th and Panama ranks 178th of 197 countries.
Across the 6 decades both report, Ecuador averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.97 million BoP, current US$ | -164.33 million BoP, current US$ | 166.30 million BoP, current US$ | Ecuador |
| 1980s | 34.69 million BoP, current US$ | -109.01 million BoP, current US$ | 143.70 million BoP, current US$ | Ecuador |
| 1990s | -133.26 million BoP, current US$ | 52.94 million BoP, current US$ | 186.20 million BoP, current US$ | Panama |
| 2000s | -11.60 million BoP, current US$ | 105.68 million BoP, current US$ | 117.28 million BoP, current US$ | Panama |
| 2010s | 34.92 million BoP, current US$ | -578.34 million BoP, current US$ | 613.26 million BoP, current US$ | Ecuador |
| 2020s | -1.25 billion BoP, current US$ | -2.33 billion BoP, current US$ | 1.08 billion BoP, current US$ | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Ecuador or Panama?
- Ecuador, at -2.81 billion BoP, current US$ against -3.54 billion BoP, current US$ in Panama as of 2025.
- What is the difference in net errors and omissions between Ecuador and Panama?
- 727.53 million BoP, current US$, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 49 years are reported by both, from 1977 to 2025.
- How do Ecuador and Panama rank globally for net errors and omissions?
- Ecuador ranks 176th and Panama ranks 178th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.