Guatemala vs Philippines: Net errors and omissions
Net errors and omissions over time
- Guatemala
- Philippines
How they compare
Guatemala currently reports -332.97 million BoP, current US$ against -346.43 million BoP, current US$ in Philippines, a difference of 13.45 million BoP, current US$.
The two have swapped places 24 times across 48 shared years of data; in 1977 it was Philippines ahead.
Guatemala ranks 142nd and Philippines ranks 144th of 199 countries.
Across the 6 decades both report, Guatemala averaged higher in 3 and Philippines in 3.
Head to head by decade
| Decade | Guatemala | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -42.53 million BoP, current US$ | 194.62 million BoP, current US$ | 237.15 million BoP, current US$ | Philippines |
| 1980s | 6.08 million BoP, current US$ | 35.90 million BoP, current US$ | 29.82 million BoP, current US$ | Philippines |
| 1990s | 33.36 million BoP, current US$ | -873.30 million BoP, current US$ | 906.66 million BoP, current US$ | Guatemala |
| 2000s | 246.57 million BoP, current US$ | -316.12 million BoP, current US$ | 562.69 million BoP, current US$ | Guatemala |
| 2010s | -88.87 million BoP, current US$ | -1.99 billion BoP, current US$ | 1.90 billion BoP, current US$ | Guatemala |
| 2020s | -531.76 million BoP, current US$ | -447.44 million BoP, current US$ | 84.32 million BoP, current US$ | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Guatemala or Philippines?
- Guatemala, at -332.97 million BoP, current US$ against -346.43 million BoP, current US$ in Philippines as of 2024.
- What is the difference in net errors and omissions between Guatemala and Philippines?
- 13.45 million BoP, current US$, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Philippines?
- 48 years are reported by both, from 1977 to 2024.
- How do Guatemala and Philippines rank globally for net errors and omissions?
- Guatemala ranks 142nd and Philippines ranks 144th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.