Kiribati vs Micronesia (country): Net errors and omissions (BoP, current US$)
Net errors and omissions (BoP, current US$) over time
- Kiribati
- Micronesia (country)
How they compare
Micronesia (country) currently reports -5.84 million BoP, current US$ against -10.92 million BoP, current US$ in Kiribati, a difference of 5.08 million BoP, current US$.
The two have swapped places 4 times across 6 shared years of data; in 2009 it was Kiribati ahead.
Kiribati ranks 104th and Micronesia (country) ranks 102nd of 199 countries.
Kiribati has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kiribati | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.72 million BoP, current US$ | -13.10 million BoP, current US$ | 22.82 million BoP, current US$ | Kiribati |
| 2010s | -4.96 million BoP, current US$ | -11.55 million BoP, current US$ | 6.59 million BoP, current US$ | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net errors and omissions, Kiribati or Micronesia (country)?
- Micronesia (country), at -5.84 million BoP, current US$ against -10.92 million BoP, current US$ in Kiribati as of 2014.
- What is the difference in net errors and omissions between Kiribati and Micronesia (country)?
- 5.08 million BoP, current US$, with Micronesia (country) ahead.
- How many years of comparable data are there for Kiribati and Micronesia (country)?
- 6 years are reported by both, from 2009 to 2014.
- How do Kiribati and Micronesia (country) rank globally for net errors and omissions?
- Kiribati ranks 104th and Micronesia (country) ranks 102nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net errors and omissions (BoP, current US$). 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.