Iceland vs Malta: Net errors and omissions
Net errors and omissions over time
- Iceland
- Malta
How they compare
Malta currently reports -165.29 million BoP, current US$ against -167.65 million BoP, current US$ in Iceland, a difference of 2.35 million BoP, current US$.
The two have swapped places 19 times across 49 shared years of data; in 1976 it was Malta ahead.
Iceland ranks 130th and Malta ranks 129th of 197 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and Malta in 4.
Head to head by decade
| Decade | Iceland | Malta | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -24.85 million BoP, current US$ | 2.83 million BoP, current US$ | 27.68 million BoP, current US$ | Malta |
| 1980s | -26.81 million BoP, current US$ | 3.55 million BoP, current US$ | 30.36 million BoP, current US$ | Malta |
| 1990s | -29.93 million BoP, current US$ | 13.73 million BoP, current US$ | 43.66 million BoP, current US$ | Malta |
| 2000s | -591.51 million BoP, current US$ | 17.81 million BoP, current US$ | 609.32 million BoP, current US$ | Malta |
| 2010s | 59.04 million BoP, current US$ | -55.96 million BoP, current US$ | 115.01 million BoP, current US$ | Iceland |
| 2020s | 426.43 million BoP, current US$ | 147.38 million BoP, current US$ | 279.05 million BoP, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Iceland or Malta?
- Malta, at -165.29 million BoP, current US$ against -167.65 million BoP, current US$ in Iceland as of 2024.
- What is the difference in net errors and omissions between Iceland and Malta?
- 2.35 million BoP, current US$, with Malta ahead.
- How many years of comparable data are there for Iceland and Malta?
- 49 years are reported by both, from 1976 to 2024.
- How do Iceland and Malta rank globally for net errors and omissions?
- Iceland ranks 130th and Malta ranks 129th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.