Italy vs Mongolia: Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Italy
- Mongolia
How they compare
Italy currently reports -200.60 million BoP, current US$ against -238.16 million BoP, current US$ in Mongolia, a difference of 37.56 million BoP, current US$.
The two have swapped places 14 times across 45 shared years of data; in 1981 it was Italy ahead.
Italy ranks 138th and Mongolia ranks 139th of 199 countries.
Across the 5 decades both report, Italy averaged higher in 1 and Mongolia in 4.
Head to head by decade
| Decade | Italy | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -660.92 million BoP, current US$ | -4.70 million BoP, current US$ | 656.22 million BoP, current US$ | Mongolia |
| 1990s | -14.87 billion BoP, current US$ | -1.22 million BoP, current US$ | 14.87 billion BoP, current US$ | Mongolia |
| 2000s | -3.17 billion BoP, current US$ | -191.62 million BoP, current US$ | 2.98 billion BoP, current US$ | Mongolia |
| 2010s | -607.98 million BoP, current US$ | -116.76 million BoP, current US$ | 491.21 million BoP, current US$ | Mongolia |
| 2020s | 12.75 billion BoP, current US$ | -247.36 million BoP, current US$ | 12.99 billion BoP, current US$ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Italy or Mongolia?
- Italy, at -200.60 million BoP, current US$ against -238.16 million BoP, current US$ in Mongolia as of 2025.
- What is the difference in net errors and omissions between Italy and Mongolia?
- 37.56 million BoP, current US$, with Italy ahead.
- How many years of comparable data are there for Italy and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Italy and Mongolia rank globally for net errors and omissions?
- Italy ranks 138th and Mongolia ranks 139th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.