Guinea vs Tuvalu: Net errors and omissions
Net errors and omissions over time
- Guinea
- Tuvalu
How they compare
Guinea currently reports -780,000 BoP, current US$ against -2.81 million BoP, current US$ in Tuvalu, a difference of 2.03 million BoP, current US$.
The two have swapped places 10 times across 23 shared years of data; in 2001 it was Guinea ahead.
Guinea ranks 93rd and Tuvalu ranks 95th of 197 countries.
Across the 3 decades both report, Guinea averaged higher in 2 and Tuvalu in 1.
Head to head by decade
| Decade | Guinea | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 35.76 million BoP, current US$ | -2.34 million BoP, current US$ | 38.09 million BoP, current US$ | Guinea |
| 2010s | 307.93 million BoP, current US$ | 3.74 million BoP, current US$ | 304.19 million BoP, current US$ | Guinea |
| 2020s | 137,998 BoP, current US$ | 907,251 BoP, current US$ | 769,254 BoP, current US$ | Tuvalu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Guinea or Tuvalu?
- Guinea, at -780,000 BoP, current US$ against -2.81 million BoP, current US$ in Tuvalu as of 2024.
- What is the difference in net errors and omissions between Guinea and Tuvalu?
- 2.03 million BoP, current US$, with Guinea ahead.
- How many years of comparable data are there for Guinea and Tuvalu?
- 23 years are reported by both, from 2001 to 2023.
- How do Guinea and Tuvalu rank globally for net errors and omissions?
- Guinea ranks 93rd and Tuvalu ranks 95th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.