Iceland vs New Caledonia: Net errors and omissions
Net errors and omissions over time
- Iceland
- New Caledonia
How they compare
Iceland currently reports -167.65 million BoP, current US$ against -193.68 million BoP, current US$ in New Caledonia, a difference of 26.03 million BoP, current US$.
The two have swapped places 9 times across 15 shared years of data; in 2002 it was New Caledonia ahead.
Iceland ranks 130th and New Caledonia ranks 133rd of 197 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and New Caledonia in 1.
Head to head by decade
| Decade | Iceland | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -746.79 million BoP, current US$ | 35.31 million BoP, current US$ | 782.10 million BoP, current US$ | New Caledonia |
| 2010s | 150.68 million BoP, current US$ | -83.98 million BoP, current US$ | 234.66 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 New Caledonia?
- Iceland, at -167.65 million BoP, current US$ against -193.68 million BoP, current US$ in New Caledonia as of 2025.
- What is the difference in net errors and omissions between Iceland and New Caledonia?
- 26.03 million BoP, current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and New Caledonia?
- 15 years are reported by both, from 2002 to 2016.
- How do Iceland and New Caledonia rank globally for net errors and omissions?
- Iceland ranks 130th and New Caledonia ranks 133rd of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.