Euro area vs Norway: Net errors and omissions
Net errors and omissions over time
- Euro area
- Norway
How they compare
Norway currently reports 20.91 billion BoP, current US$ against -4.79 billion BoP, current US$ in Euro area, a difference of 25.69 billion BoP, current US$.
That makes Norway's figure about 4.4 times Euro area's.
The two have swapped places 10 times across 27 shared years of data; in 1999 it was Norway ahead.
Euro area ranks 2nd and Norway ranks 4th of 2 groups.
Across the 4 decades both report, Euro area averaged higher in 2 and Norway in 2.
Head to head by decade
| Decade | Euro area | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -1.88 billion BoP, current US$ | -886.27 million BoP, current US$ | 998.71 million BoP, current US$ | Norway |
| 2000s | -1.04 billion BoP, current US$ | -7.66 billion BoP, current US$ | 6.63 billion BoP, current US$ | Euro area |
| 2010s | -9.43 million BoP, current US$ | -5.09 billion BoP, current US$ | 5.08 billion BoP, current US$ | Euro area |
| 2020s | -18.96 billion BoP, current US$ | -3.60 billion BoP, current US$ | 15.36 billion BoP, current US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Euro area or Norway?
- Norway, at 20.91 billion BoP, current US$ against -4.79 billion BoP, current US$ in Euro area as of 2025.
- What is the difference in net errors and omissions between Euro area and Norway?
- 25.69 billion BoP, current US$, with Norway ahead.
- How many years of comparable data are there for Euro area and Norway?
- 27 years are reported by both, from 1999 to 2025.
- How do Euro area and Norway rank globally for net errors and omissions?
- Euro area ranks 2nd and Norway ranks 4th of 2 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.