Guinea vs Nauru: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Guinea
- Nauru
How they compare
Nauru currently reports 2.06 million BoP, current US$ against -780,000 BoP, current US$ in Guinea, a difference of 2.84 million BoP, current US$.
That makes Nauru's figure about 2.6 times Guinea's.
The two have swapped places 5 times across 17 shared years of data; in 2008 it was Guinea ahead.
Guinea ranks 97th and Nauru ranks 95th of 199 countries.
Across the 3 decades both report, Guinea averaged higher in 2 and Nauru in 1.
Head to head by decade
| Decade | Guinea | Nauru | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.94 million BoP, current US$ | -23.39 million BoP, current US$ | 46.33 million BoP, current US$ | Guinea |
| 2010s | 307.93 million BoP, current US$ | -6.14 million BoP, current US$ | 314.07 million BoP, current US$ | Guinea |
| 2020s | -45,602 BoP, current US$ | 7.59 million BoP, current US$ | 7.64 million BoP, current US$ | Nauru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Guinea or Nauru?
- Nauru, at 2.06 million BoP, current US$ against -780,000 BoP, current US$ in Guinea as of 2024.
- What is the difference in net errors and omissions between Guinea and Nauru?
- 2.84 million BoP, current US$, with Nauru ahead.
- How many years of comparable data are there for Guinea and Nauru?
- 17 years are reported by both, from 2008 to 2024.
- How do Guinea and Nauru rank globally for net errors and omissions?
- Guinea ranks 97th and Nauru ranks 95th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.